Eni has started production from Cabaça North development project, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo floating production storage and offloading (FPSO) vessel. The start-up of Cabaça North is yet […]
The Norwegian Petroleum Directorate (NPD) reports that preliminary production figures for August 2021 show an average daily production of 2,114,000 barrels of oil, NGL and condensate. Total gas sales were 9.3 billion Sm3 (GSm3), which […]
Equinor and its partners have received permission to increase gas exports from two fields on the the Norwegian continental shelf to supply the tight European market. Production permits for the Oseberg and Troll fields have […]
Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin, for USD 9.5 billion in […]
bp Trinidad and Tobago LLC (bpTT) has confirmed its Matapal project has safely achieved first gas. The major milestone was achieved ahead of schedule and under budget despite the constraints brought about by the COVID-19 […]
The latest IEA’s Monthly Oil Statistics report including June 2021 data shows that for total OECD: Total OECD production of crude oil, NGL and refinery feedstocks increased by 7.0% in June 2021 compared to June […]
Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the […]
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, has announced the signing of definitive agreements to form a joint venture with Mercuria Energy Trading, one of the world’s largest integrated energy and commodities companies, to […]
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, and Gevo, Inc. have announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to […]
ICIS has announced its annual ICIS Top 100 Chemical Companies listing of global producers ranked by 2020 sales. Germany-based BASF is the world’s largest chemical company with sales of USD 72.3 billion in 2020, down […]
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