Lime Rock to Purchase Texas Oil, Gas Assets for $508.3 M
Lime Rock Resources will buy oil and gas properties in the Delaware Basin of Texas for $508.3 million from “a private seller”.
Texas | Egypt Oil & Gas
Shell Expects at Best Steady Fuel Sales in Q1 2021
Shell expects its fuel sales to decline or stay broadly steady in Q1 2021 as some Coronavirus restrictions ease, according to Reuters.
Shell Resumes Gasoline, Diesel Production at Deer Park
Shell resumed the gasoline, and diesel producing units on March, 15 at its 318,000 barrels per day (bbl/d) at Deer park, a joint venture refinery, in Texas, according to Reuters.
Lightsource BP Complete $380 MM Financing Package for Solar Projects
Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.
US Oil Output Falls 3.6% in August
US oil output fell 3.6% to 10.6 million barrels per day (mmbbl/d) in August as the offshore Gulf of Mexico production collapsed to a near seven-year low.
ConocoPhillips Withdraws Request to Extend Flaring Permits
US supermajor ConocoPhillips has withdrawn its request to extend 41 flaring permits at its sites in West Texas following operational improvements
US Crude Production Falls by 0.2% in March
US Crude oil production fell by 0.2%, or 28,000 barrels of oil per day (bbl/d), to 12.7 million barrels per day (mmbbl/d).
SABIC Gets Nod for ExxonMobil Petrochemical Project
SABIC announced that it has obtained the regulatory approvals to establish a petrochemical project with ExxonMobil in the US Gulf Coast.
Apex International Energy Opened in Cairo
Apex International Energy, a new independent oil and gas exploration and production company focused on Egypt, announced that it has opened offices in Cairo, Egypt and Houston, Texas.
