Offshore wind is a crucial part of California’s transition to a clean energy future, bringing significant benefits like cleaner air and economic opportunities.
Nigeria’s new Dangote mega refinery near Lagos is seeking to buy millions of barrels of US crude over the next year as it ramps up processing rates, a sign of the challenges that Africa’s largest producer faces in lifting its own oil output.
There seems to be hope in the offing for Nigeria as its dwindling daily oil production turned the corner in April, rising marginally from 1.23 million barrels per day in March to 1.28 mbpd, according to the Organisation of the Petroleum Exporting Countries.
Exxon Mobil Corporation (NYSE:XOM) and state energy firm Pertamina reportedly plan to perform appraisal drilling for a carbon capture and storage (CCS) hub in Indonesia.
The companies partnered for preliminary work to design a commercial model for the Asri Basin Project CCS hub, reported Reuters.
NEW YORK, May 15 (Reuters) -U.S. oil major Exxon Mobil’s 250,000 barrel-per-day Joliet refinery in Illinois completed planned maintenance and is in the process of restarting operations, a spokesperson confirmed on Wednesday.
The companies have signed an agreement outlining preliminary work to design a commercial model for the Asri Basin Project carbon capture and storage (CCS) hub.
In its latest short term energy outlook (STEO), the U.S. Energy Information Administration (EIA) highlighted that, based on its estimates, “OPEC+ producers have largely adhered to the latest round of OPEC+ voluntary production cuts”.
Boston Partners trimmed its position in shares of Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 40.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,405,659 shares of the oil and gas producer’s stock after selling 3,041,396 shares during the period. Boston Partners owned 0.96% of Kosmos Energy worth $29,315,000 at the end of the most recent reporting period.
Petronas Suriname E&P BV, a subsidiary of Petronas, made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well offshore Suriname.
There seems to be hope in the offing for Nigeria as its dwindling daily oil production turned the corner in April, rising marginally from 1.23 million barrels per day in March to 1.28 mbpd, according to the Organisation of the Petroleum Exporting Countries.