Goldman Sachs analyst Neil Mehta notes Exxon Mobil’s projections, indicating higher-than-expected earnings.
Implied EPS for the quarter estimates at ~$2.15 vs. consensus closer to $2.06, showcasing positive outlook.
More than a decade of advocacy by a broad coalition of Colorado conservationists, ranchers, local governments and recreationists paid off Wednesday when federal officials banned new oil and gas development on 347 square miles of public land for the next 20 years.
President Akufo-Addo has named Joseph Abuabu Dadzie the acting Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), effective Thursday, May 2, 2024.
Newly elected President Bassirou Diomaye Faye has announced Senegal’s plans to conduct an audit of the oil, gas, and mining sectors.
Energy Minister, Dr. Matthew Opoku Prempeh has reiterated Ghana’s quest for more gas supply to support power generation.
This, he says, remains his top most priority as part of efforts of ensuring power stability for industrial and residential use for Ghanaians.
Dr. Prempeh emphasized the need for more gas supply and hence the need for the operational efficacy of the West Africa Gas Pipeline (WAGP).
EM&I and Stark Energy Elevate Local Content and Knowledge Transfer through On-the-Job
Training (OJT) on FPSOs in Angola and Côte d’Ivoire.
The enduring partnership between EM&I and Stark Energy is evolving with a commitment to deepen local
content through a comprehensive initiative.
Caprock Group LLC purchased a new stake in Eni S.p.A. (NYSE:E – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 6,291 shares of the oil and gas exploration company’s stock, valued at approximately $214,000.
Energy Minister Giorgos Papanastasiou announced Wednesday that hurdles in the development plan for the “Aphrodite” gas field have been overcome, marking progress in Cyprus’ energy ambitions.
Stockpiles of oil products at the UAE’s Port of Fujairah rose 2.4% to an eight-month high in the week ended April 1 after a surge in diesel imports from Kuwait, according to the Fujairah Oil Industry Zone and shipping data.
I normally chronicle the oilfield activity taking place in the shale basins of the U.S., often spending much of my time on companies operating in West Texas and New Mexico. A few counties in this area are the site of the Permian basin and the source of millions of barrels a day of oil and gas equivalent production thanks to fracking technology. In this article, I am going to sidestep that niche, but only for a while. If you read patiently to the end, I’ll swerve back into my normal lane and finish up in the oilpatch.