Latest Headlines

  1. ExxonMobil Presentation Details Strategy To Grow Shareholder Value, Protect Dividend And Transition To Lower-Carbon Future 4/27/2021

    ExxonMobil today released a detailed investor presentation reiterating the company’s strategy to capitalize on its industry-leading resources to drive earnings and cash flow growth, maintain a strong dividend, reduce debt and invest in lower-emission technologies.

  2. Trans Mountain Continues Construction On Expansion Project 4/27/2021

    Today, construction is underway and progressing along the Trans Mountain Expansion Project with close to 8,000 people working in communities across British Columbia and Alberta.

  3. Gardner Denver Scores Top Ratings In 2021 Oilfield Products Customer Satisfaction Survey 4/27/2021

    Gardner Denver High Pressure Solutions (HPS), the leading total solutions provider for the drilling, well servicing and frac pumps market, has achieved a top rating in total satisfaction in the 2021 Oilfield Products Customer Satisfaction Survey, conducted by EnergyPoint Research.

  4. ExxonMobil Announces Discovery At Uaru-2 Offshore Guyana 4/27/2021

    ExxonMobil said today it made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels.

  5. Revised Start-Up Date For Hammerfest LNG 4/26/2021

    Based on extensive analyses and mapping of damages, Equinor has updated the schedule for repair and start-up of the LNG plant on Melkøya after the fire on 28 September 2020.

  6. Neptune Energy Welcomes First Gas From Merakes Project 4/26/2021

    In 2019, Neptune acquired interests in the Indonesian Kutei Basin. The company also has a 30% stake in the West Ganal block.

  7. EnQuest Signs SPA For 100% Equity Interest In The Bentley Discovery 4/26/2021

    EnQuest PLC (together with its subsidiaries, ‘EnQuest’), an independent oil and gas production and development company listed on the London and Stockholm stock exchanges (ENQ.L and ENQ.ST), is pleased to announce it has signed a Share Purchase agreement (‘SPA’) with Whalsay Energy Holdings Limited (‘Whalsay’) to purchase their entire 100.00% equity interest in the P1078 licence containing the proven Bentley heavy-oil discovery.

  8. Total Declares Force Majeure On Mozambique LNG Project 4/26/2021

    Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site.

  9. Governor Newsom Takes Action To Phase Out Oil Extraction In California 4/23/2021

    Governor Gavin Newsom today directed the Department of Conservation’s Geologic Energy Management (CalGEM) Division to initiate regulatory action to end the issuance of new permits for hydraulic fracturing (“fracking”) by January 2024. Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by no later than 2045.

  10. Pipeline SMS Annual Report Highlights Implementation Progress In 2020 4/23/2021

    Today, the Pipeline Safety Management Systems (Pipeline SMS) Industry Team released the 2020 Annual Report, detailing industry’s progress implementing API Recommended Practice (RP) 1173, Pipeline Safety Management Systems. The Industry Team serves to facilitate the ongoing journey by liquid and gas pipeline operators, as well as the contractor community to reach zero incidents.