Latest Headlines

  1. Libra Consortium Announces First Production At Mero Field’s FPSO Guanabara In Brazilian Pre-Salt 5/2/2022

    Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announces the start of production of the FPSO Guanabara in the Mero field, offshore Santos Basin in Brazil.

  2. Chevron Announces First Quarter 2022 Results 4/29/2022

    Chevron Corporation today reported earnings of $6.3 billion ($3.22 per share - diluted) for first quarter 2022, compared with $1.4 billion ($0.72 per share - diluted) in first quarter 2021. Included in the current quarter were pension settlement costs of $66 million.

  3. ExxonMobil Announces First-Quarter 2022 Results 4/29/2022

    Exxon Mobil Corporation today announced estimated first-quarter 2022 earnings of $5.5B, or $1.28 per share assuming dilution.

  4. Endress+Hauser Broadens Its Mobile Calibration Services 4/28/2022

    Endress+Hauser expanded its on-site calibration offerings by adding three additional mobile calibration rigs to the existing fleet, making a total of 19 rigs that service Endress+Hauser and third-party instrumentation including flow, pressure, and temperature. All Endress+Hauser authorized sales and service representatives across the U.S. are equipped with mobile calibration capabilities, with over 60 trained and certified calibration technicians.

  5. Emerson Introduces Smart Valve Positioner Designed To Operate In A Range Of Environmental Conditions 4/28/2022

    Emerson, a global leader in fluid control and pneumatics technology, has released the TopWorx PD Series Smart Valve Positioner.

  6. Neptune Energy Confirms Oil And Gas Discovery At Hamlet 4/28/2022

    Neptune Energy and its partners today announced the discovery of oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea.

  7. C-Innovation’s Success Leads To Another Multi-Year Contract For RLWI Work 4/28/2022

    C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has signed a two-year contract for continued Riserless Light Well Intervention (RLWI) services onboard the Island Venture offshore support vessel.

  8. API Enhances Pipeline Safety With Two Updated Standards 4/28/2022

    The American Petroleum Institute (API) today released two revised liquid pipeline leak detection standards to improve operational integrity and advance operators’ mitigation capabilities.

  9. Shell Signs Production Sharing Contract For Atapu Field In Brazil 4/27/2022

    Today, Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, signed the Production Sharing Contract (PSC) to formally acquire a 25 percent stake of the Atapu field. Shell paid $ 1.1B to Petrobras for the increased stake in the field

  10. Russia: TotalEnergies Records A 4.1 B$ Impairment In Its Q1 2022 Accounts 4/27/2022

    On March 22, 2022, TotalEnergies announced that, given the uncertainty created by the technological and financial sanctions on the ability to carry out the Arctic LNG 2 project currently under construction and their probable tightening with the worsening conflict, TotalEnergies SE had decided to no longer book proved reserves for the Arctic LNG 2 project.