New Saudi energy minister signals deal to stay
18/09/2019 by Mark
The new energy minister of Saudi Arabia, Prince Abdulaziz bin Salman, has signalled that the production-limiting deal between OPEC and
Liza Destiny arrives in Guyana
09/09/2019 by Richard
Following its construction in Singapore and a 42-day journey, the Liza Destiny has arrived in the waters offshore of Guyana, making it
Mosaic Materials and ExxonMobil join to explore carbon capture
06/09/2019 by Mark
ExxonMobil has added a new pathway to explore scalable carbon capture technology with its announcement that it has come to an
US becomes world's largest oil and gas producer
03/09/2019 by OilStoreAdministrator
According to statistics released by the US Energy Information Administration (EIA), the United States became the world’s biggest producer of
ExxonMobil plans retreat from North Sea oil
21/08/2019 by Richard
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.
ExxonMobil's Q2 earnings beat analysts' expectations
18/08/2019 by Mark
Oil major ExxonMobil beat analysts’ estimates when it published its results for the second quarter this year, with earnings of
US rig count down but production steady
15/08/2019 by Mark
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
ExxonMobil uses virtual reality to train crane operators
24/07/2019 by Mark
Ahead of its expansion of its Baton Rouge polyolefins plant, ExxonMobil has launched a new training initiative in cooperation with
ExxonMobil announces new low-sulphur marine fuels
12/07/2019 by OilStoreAdministrator
ExxonMobil has revealed its new range of low-sulphur EMF.5 marine fuels, ready for lower caps on sulphur emissions set down by the
EIA: US oil production topped 12 million bpd in April
06/07/2019 by OilStoreAdministrator
According to the latest monthly report from the US Energy Information Administration (EIA), US crude oil production broke through the
US oil production sets new record
30/06/2019 by Mark
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
US shale oil production set to exceed 8.5 million bpd
21/06/2019 by Mark
Seven major shale formations will be responsible for 8.52 million barrels per day (bpd) of oil production in July, according to