BP Strikes Oil in Gulf of Mexico
BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deepwater US Gulf of Mexico.
US | Egypt Oil & Gas - Part 6
Chevron to Acquire Noble Midstream Partners Shares
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 and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.
Suez Canal Favorite Route for US LNG Tankers
The Suez Canal Authority (SCA) has succeeded in attracting the largest amount of the LNG tankers between the US and Far East at January 2021 compared with the competing routes and channels, according to the ARGUS ...
India Receives 2 mmbbl Cargo of Carbon-Neutral Oil from US
The American Occidental Petroleum Company stated that its Oxy Low Carbon ventures subsidiary has supplied a cargo of 2 million barrels of carbon-neutral oil to Reliance Industries Company of India.
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.
Pipe-laying Operation Starts Ahead of Nord Stream 2 Project
A pipe- laying vessel starts its operation in Danish Water before the resumption of construction of the Nord Stream 2 pipeline.
Indian Oil Imports from Africa, US Rise in November
Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, has risen but dropped from Middle East and Latin America.
Number of US Oil, Gas Rigs Rises for Third Consecutive Week
US energy firms have added oil and gas rigs for a third week in a row following oil price increases, something that has not been seen since October 2018.
US Shale to Decline by 68,000 bbl/d in October
US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations.
