Oil major ExxonMobil has announced that it has signed an agreement to sell its non-operated Norwegian upstream assets.
Saudi Aramco, the state-owned oil company of Saudi Arabia, says it expects to restore full production levels by the end of September.
Two oil facilities at Continue reading Saudi Aramco expects full production again soon
Oil major ExxonMobil has made yet another discovery in the waters offshore of Guyana in South America, the 14th so far.
The find was made in Continue reading ExxonMobil strikes oil again offshore of Guyana
The new energy minister of Saudi Arabia, Prince Abdulaziz bin Salman, has signalled that the production-limiting deal between OPEC and Continue reading New Saudi energy minister signals deal to stay
Following its construction in Singapore and a 42-day journey, the Liza Destiny has arrived in the waters offshore of Guyana, making it Continue reading Liza Destiny arrives in Guyana
ExxonMobil has added a new pathway to explore scalable carbon capture technology with its announcement that it has come to an Continue reading Mosaic Materials and ExxonMobil join to explore carbon capture
According to statistics released by the US Energy Information Administration (EIA), the United States became the world’s biggest producer of Continue reading US becomes world’s largest oil and gas producer
After almost 50 years of participating in the North Sea oil industry, oil major ExxonMobil is looking to sell its stake in 40 or so North Sea oil fields. Continue reading ExxonMobil plans retreat from North Sea oil
Oil major ExxonMobil beat analysts’ estimates when it published its results for the second quarter this year, with earnings of Continue reading ExxonMobil’s Q2 earnings beat analysts’ expectations
For the week ending August 9, the US rig count dropped for the sixth consecutive week according to a report from energy service firm Baker Hughes. While this indicates Continue reading US rig count down but production steady