/oil-~26-gas?format=feed Oil & Gas en-US Wed, 12 Feb 2025 10:50:35 -0500 /news/522241-exxon-to-expand-o-g-output-in-guyana A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some… Wed, 12 Feb 2025 15:50:35 Z /news/522241-exxon-to-expand-o-g-output-in-guyana /news/520018-opec-passes-on-oil-output-increase-weighs-the-trump-effect It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output.The soft state of global demand is by itself sufficient reason to… Fri, 06 Dec 2024 19:46:34 Z /news/520018-opec-passes-on-oil-output-increase-weighs-the-trump-effect /news/519338-euro-oil-giants-rethink-renewable-balance Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company… Mon, 18 Nov 2024 16:15:58 Z /news/519338-euro-oil-giants-rethink-renewable-balance /news/518654-ultra-deepwater-fpso-starts-oil-production-offshore-brazil Petrobras has achieved first oil with the Floating Production Storage and Offloading (FPSO) unit Marechal Duque de Caxias, one of the largest ultra-deepwater FPSOs in the world… Wed, 30 Oct 2024 17:42:30 Z /news/518654-ultra-deepwater-fpso-starts-oil-production-offshore-brazil /news/516228-the-mounting-offshore-oil-gas-decommissioning-cost The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability… Thu, 22 Aug 2024 11:58:16 Z /news/516228-the-mounting-offshore-oil-gas-decommissioning-cost /news/516061-ultra-high-pressure-oil-wells-could-unleash-another-2b-barrels-from-gom U.S. energy firms last week cut oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday… Sun, 18 Aug 2024 16:30:03 Z /news/516061-ultra-high-pressure-oil-wells-could-unleash-another-2b-barrels-from-gom /news/514004-seatrium-secures-fpso-newbuild-contracts-from-petrobras Seatrium has secured a contract from Petrobras, acting as operator of Atapu and Sepia consortiums, for the newbuild supply of FPSO platforms P-84 and P-85.With the… Mon, 27 May 2024 00:58:02 Z /news/514004-seatrium-secures-fpso-newbuild-contracts-from-petrobras /news/512062-apl-s-fluid-swivel-technology-certified-by-dnv NOV’s APL group has received technology qualification program (TQP) certification from DNV for its largest swivel. The swivel TQP developed by APL is claimed to… Thu, 07 Mar 2024 01:57:21 Z /news/512062-apl-s-fluid-swivel-technology-certified-by-dnv /news/511446-brazil-to-reappoint-government-representatives-to-petrobras-board-sources Brazil's government will reappoint its representatives to the board of state-run oil firm Petrobras, sources said on Friday, a sign energy minister Alexandre Silveira… Sun, 11 Feb 2024 22:17:22 Z /news/511446-brazil-to-reappoint-government-representatives-to-petrobras-board-sources /news/511355-exxon-raises-guyana-s-oil-production A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 barrels per day (bpd) in the South American country, up from about 400… Wed, 07 Feb 2024 03:19:16 Z /news/511355-exxon-raises-guyana-s-oil-production /news/510411-what-to-watch-in-24-global-exploration-outlook Industry continues chasing big oil, key gas targets also on the radarGlobal exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells… Wed, 27 Dec 2023 10:19:25 Z /news/510411-what-to-watch-in-24-global-exploration-outlook /news/509449-us-appeals-court-orders-gulf-lease-auction-within-37-days A U.S. appeals court on Tuesday ordered that a postponed federal auction of drilling rights in the Gulf of Mexico be held within 37 days, a setback for environmentalists… Wed, 15 Nov 2023 02:09:07 Z /news/509449-us-appeals-court-orders-gulf-lease-auction-within-37-days /news/508494-slb-introduces-compact-methane-point-instrument SLB’s End-to-end Emissions Solutions (SEES) business has introduced its next generation methane point instrument, a self-installed continuous methane monitoring… Wed, 04 Oct 2023 02:51:33 Z /news/508494-slb-introduces-compact-methane-point-instrument /news/508098-california-sues-oil-giants The state of California has sued major oil companies including Exxon Mobil, Shell PLC, and Chevron, accusing them of playing down the risks posed by fossil fuels… Mon, 18 Sep 2023 00:54:23 Z /news/508098-california-sues-oil-giants /news/508029-guyana-receives-bids-for-eight-oil-and-gas-blocks Guyana on Wednesday received bids for eight of 14 offshore oil and gas exploration blocks offered in its first auction, including from groups formed by Exxon Mobil and TotalEnergies… Thu, 14 Sep 2023 03:39:50 Z /news/508029-guyana-receives-bids-for-eight-oil-and-gas-blocks