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
Ahead of its expansion of its Baton Rouge polyolefins plant, ExxonMobil has launched a new training initiative in cooperation with Continue reading ExxonMobil uses virtual reality to train crane operators
ExxonMobil has revealed its new range of low-sulphur EMF.5 marine fuels, ready for lower caps on sulphur emissions set down by the Continue reading ExxonMobil announces new low-sulphur marine fuels
According to the latest monthly report from the US Energy Information Administration (EIA), US crude oil production broke through the Continue reading EIA: US oil production topped 12 million bpd in April
According to the latest monthly statistical report from the American Petroleum Institute (API), US oil production reached a new record average of 12.2 million barrels per day Continue reading US oil production sets new record
Seven major shale formations will be responsible for 8.52 million barrels per day (bpd) of oil production in July, according to Continue reading US shale oil production set to exceed 8.5 million bpd
According to Rystad Energy, an independent energy research and business intelligence company, US onshore production is set to grow by around 16% this year – an increase of between 1.1 million and 1.2 million barrels per Continue reading US shale oil production to grow substantially
The International Energy Agency (IEA) has said in its monthly report that it expects rising US oil production to offset the declining production in Venezuela and Iran.
The US Government recently decided to Continue reading IEA releases monthly report
A team of researchers based in Scotland have developed a new way to protect against oil leaks from decommissioned wells.