American oil and gas giant Exxon Mobil is planning to invest up to $15 billion in Indonesia for a green petrochemical refinery and carbon capture storage (CCS) facility, according to President Joko “Jokowi” Widodo.
Host communities in Bayelsa State have threatened to disrupt oil production across the state if the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) fails to refrain from actions that could potentially reduce or create bottlenecks for the three per cent host community fund under the Petroleum Industry Act (PIA).
Tullow Oil plc (Tullow) issues the following business and full year guidance update. Tullow’s next scheduled update will be its Trading Statement on 24 January 2024. The information contained herein has not been audited and may be subject to further review and amendment.
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ExxonMobil began production at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 bpd.
Malaysia’s energy giant Petronas will pool resources with Vietnam Oil and Gas Group (PetroVietnam) to explore potential collaboration opportunities in the upstream, renewable energy, and downstream sectors in Vietnam.
Mach Natural Resources LP signed an agreement with Paloma Partners IV, LLC, to acquire certain interests in oil and gas properties, rights and related assets located in Oklahoma for a total cash consideration of $815 million. The acquisition is expected to close December 29, 2023, with an effective date of September 1, 2023.
Mitigation actions and regulations to meet critical 2030 methane reduction targets under the Global Methane Pledge are hampered by uncertainty in true levels of emissions and source breakdowns. Here we present a measurement-based, source-resolved, hybrid top-down/bottom-up methane inventory for conventional upstream oil and gas operations in Canada’s largest oil and gas-producing province, Alberta
OSLO, Norway — The Norwegian Petroleum Directorate (NPD) has compiled the first offshore wind datasets for operations on the Norwegian shelf.
Oil and gas host communities in the country have decried the persistent non-payment of the three per cent annual contribution that should accrue to them under the Petroleum Industry Act, more than two years after the Act was passed, even as they said the outstanding payment has reached N100 billion.