US

  • BP Invests $270 million in Three Major Projects at Cherry Point Refinery

    BP Invests $270 million in Three Major Projects at Cherry Point Refinery

    Wednesday, 6th October 2021

    BP revealed a plan to invest $269 million in three projects at Cherry Point Refinery in Washington in order to enhance the refinery’s efficiency, minimize its carbon dioxide (CO2) emissions, and boost its renewable diesel production.

  • Brightmark, Chevron Expand Cooperation on Dairy Biomethane

    Brightmark, Chevron Expand Cooperation on Dairy Biomethane

    Wednesday, 25th August 2021

    Brightmark LLC along with Chevron Corporation announced the expansion of their cooperation via their joint venture (JV) Brightmark RNG Holdings LLC through establishing projects to produce and market dairy biomethane, a renewable natural gas (RNG) in US.

  • US Firms Increase Oil & Gas Rigs

    US Firms Increase Oil & Gas Rigs

    Sunday, 8th August 2021

    Three rigs were added; increasing the number of rigs to 491 ones during the week ending on August 6th, compared to 244 rigs around this time of 2020.

  • EU Retains Tariffs on US Biodiesel

    EU Retains Tariffs on US Biodiesel

    Tuesday, 3rd August 2021

    The tariff extension case was reviewed by the European Commission, which announced that the US biodiesel producers would hike to full capacity, adding that they could shift sales from less profitable markets, in third countries, to the EU.

  • Lime Rock to Purchase Texas Oil, Gas Assets for $508.3 M

    Lime Rock to Purchase Texas Oil, Gas Assets for $508.3 M

    Thursday, 29th July 2021

    Lime Rock Resources will buy oil and gas properties in the Delaware Basin of Texas for $508.3 million from “a private seller”.

  • El Molla Discusses Ways to Boost Cooperation with Bechtel

    El Molla Discusses Ways to Boost Cooperation with Bechtel

    Tuesday, 11th May 2021

    Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed methods to increase cooperation in the petroleum sector between Egypt and the US with Stuart Jones, President for Regions and Corporate Affairs at Bechtel Corporation, and Jonathan Cohen, the US Ambassador to Egypt.

  • Baker Hughes’ US Oil Rig Count Increases in April

    Baker Hughes’ US Oil Rig Count Increases in April

    Sunday, 18th April 2021

    The number of Baker Hughes’s rotary drilling rigs operating in the US has increased on April 16, recording 439 rigs.

  • BP Strikes Oil in Gulf of Mexico

    BP Strikes Oil in Gulf of Mexico

    Thursday, 15th April 2021

    BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deepwater US Gulf of Mexico.

  • Chevron to Acquire Noble Midstream Partners Shares

    Chevron to Acquire Noble Midstream Partners Shares

    Sunday, 7th March 2021

    Chevron has entered an agreement with Noble Midstream Partners LP to acquire all of the 33.925 million non-owned shares in an all-stock deal.

  • Saudi Arabia, Russia Differ in OPEC+ Meeting

    Saudi Arabia, Russia Differ in OPEC+ Meeting

    Monday, 22nd February 2021

    Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.