ExxonMobil has built on its previous success offshore of Guyana by making two new discoveries at its Tilapia-1 and Haimara-1 wells. The company has now made 12 discoveries Continue reading ExxonMobil makes two finds offshore of Guyana
Author: Lisa
ExxonMobil moves forward with growth plan
Oil giant ExxonMobil has taken important steps towards realising the ambitious investment plan it announced last year.
The company plans to Continue reading ExxonMobil moves forward with growth plan
North Uist to get community windfarm
The island community of North Uist in Scotland’s Outer Hebrides is set to build a community windfarm following a successful crowdfunding campaign.
The renewables project plans to Continue reading North Uist to get community windfarm
British wind power sets new record
Figures from Drax Electic Insights, backed up by the National Grid, show that wind power met just over a third of British electricity demand, some 15 gigawatts, for an Continue reading British wind power sets new record
EIA: US shale oil to reach 8.166 million bpd
In its latest forecasts, the US Energy Information Administration (EIA) predicts that US shale oil production will reach 8.166 million barrels per day Continue reading EIA: US shale oil to reach 8.166 million bpd
US oil production surges to new record
Despite concerns over limited takeaway capacity in the prolific Permian Basin, the US Energy Information Administration (EIA) reports that US oil production surged to a new record of 11.475 million barrels per day (bpd) in Continue reading US oil production surges to new record
ExxonMobil to use renewable energy in oil production
Oil giant ExxonMobil has signed a 12-year deal to buy 500 MW of renewable energy generation to power its operations in the Permian Basin of West Texas.
According to Continue reading ExxonMobil to use renewable energy in oil production
Energy giants bring North Sea megaproject online
The North Sea oil industry is often thought to be in decline, but a joint venture between BP, Shell, Chevron, and ConocoPhillips has just started producing oil.
The Clair Ridge field was Continue reading Energy giants bring North Sea megaproject online
Trump criticises potential OPEC cuts
U.S. President Trump published a tweet on Monday, November 12 expressing a hope that OPEC does not go ahead with production cuts.
The same day, Saudi Continue reading Trump criticises potential OPEC cuts
ExxonMobil posts surprising quarterly profits
ExxonMobil has surprised Wall Street by posting higher than expected profits and revenue for the third quarter, despite an overall drop in oil and gas production.
The oil major, which Continue reading ExxonMobil posts surprising quarterly profits
