ExxonMobil to investigate Guyana gas resources
30/01/2024 by Richard
Having already established oil production offshore of Guyana, ExxonMobil is now looking to explore opportunities to develop natural gas fields in the Stabroek Block that it operates.
TotalEnergies receives new exploration license for Suriname
29/12/2023 by OilStoreAdministrator
France-based TotalEnergies has announced that together with its partners Petronas and QatarEnergy, it has signed an agreement with
TotalEnergies joins subsea wave power project
20/12/2023 by Richard
France-based energy firm TotalEnergies is the latest company to invest in the Renewables for Subsea Power (RSP) project, an initiative that seeks to demonstrate the feasibility of using wave power to decarbonise marine structures like…
BP and Cosco sign cooperation agreement
19/12/2023 by Mark
UK-based oil major BP has signed a memorandum of understanding (MoU) with Chinese shipping giant Cosco that will see the two companies explore further ways to expand their collaboration.
Masdar and TotalEnergies demonstrate methanol-based SAF
12/12/2023 by Mark
On the sidelines of the COP28 climate change conference in Dubai, UAE clean-energy company Masdar and energy giant TotalEnergies have conducted a test flight to demonstrate
BP to buy full ownership of Lightsource
06/12/2023 by greg
UK-based energy major BP has announced that it has agreed to take full ownership of solar specialist Lightsource bp. BP first bought a piece in
BP seeking partnerships to cut renewables cost
24/11/2023 by Mark
BP is looking for new partners around the world to help it deploy projects at a lower cost.
Saudi Arabia signals willingness to raise oil production
12/10/2023 by Mark
The Wall Street Journal reports that Riyadh has signalled its willingness to raise oil production to counter rising prices.
Iran deal to take place within the oil market
04/09/2023 by Richard
According to Bloomberg, a deal between the US and Iran over easing sanctions is already effectively taking place, despite any revival of the 2015 nuclear deal.
ExxonMobil readies sixth Guyanese project
30/08/2023 by Mark
Reports suggest that Exxon Mobil is preparing to develop its sixth oil project off the coast of Guyana. This is according to a
TotalEnergies expands its portfolio of carbon storage projects
29/08/2023 by Richard
France-based energy firm TotalEnergies has agreed a deal with CapeOmega Carbon Storage to buy its
Infineum agrees distribution deal with World Fuel Services
21/08/2023 by Mark
Additive-maker Infineum has reached an agreement with World Fuel Services to distribute Infineum’s additives for marine fuel.