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AOG Daily: 2018 / December

Mexican President Andres Manuel Lopez Obrador's declaration of war on "neo-liberal" economics has shaken investors holding Petroleos Mexicanos bonds, fueling concern about the future of…
Tuesday, 11 December 2018 09:08

Chevron Gets Green Light for Captain EOR

Energy giant Chevron announced Tuesday it has received approval from the U.K. Oil and Gas Authority (OGA) to move ahead with its plans for an…
The installation of export cables at the world's largest offshore wind farm, Hornsea One in the North Sea off the coast of England, has been…
Oil futures rose on Tuesday with the help of an increase in global stock markets, an outage reducing Libyan crude production and a gradual decrease…
Tuesday, 11 December 2018 05:42

AET Grows in Brazil Featured

With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and…
Tuesday, 11 December 2018 05:27

DeltaTek Appoints Johnstone

Well construction specialist, DeltaTek Global, has announced the  appointment of Chris Johnstone as Operations Supervisor. Chris Johnstone (Photo: DeltaTek) Johnstone will focus on managing well…
Italian oil company Eni must do more to improve safety at its Arctic Goliat oilfield, which produces up to 100,000 barrels of crude per day,…
Tuesday, 11 December 2018 04:13

Cenovus Cuts 2019 Capital Budget

Canada's Cenovus Energy Inc said on Tuesday it would reduce its capital spending for 2019 by 4 percent amidst a broader turnaround plan following its…
Monday, 10 December 2018 18:55

Trafigura Boosts LNG Volumes by 22%

Geneva based commodity trading company Trafigura increased its liquefied natural gas (LNG) traded volumes by 22% to 9.9 million mt in its financial year ending…
Monday, 10 December 2018 18:54

Tractebel Acquires Deutsche Offshore Consult

Belgium-based Tractebel Engie has, through its subsidiary Lahmeyer International, acquired Deutsche Offshore Consult GmbH (DOC) to strengthen its position in the offshore wind sector. Image:…
UK-based independent full-cycle oil and gas company confirmed that Indico-1 well in Colombia reached target depth of 10,604 feet and encountered the Lower Sands of…
Aberdeen, UK-based Verus Petroleum has secured a 12-fold increase in its production – from 1,500 to 18,000 barrels per day in less than a year…
New UK North Sea-focused oil and gas company Tailwind Energy has announced first oil from the 100% owned Gannet E redevelopment to the Triton FPSO.…
Monday, 10 December 2018 14:35

BW Offshore Recycling FSO Belokamenka

The provider of floating production services to the oil and gas industry BW Offshore has signed an agreement to dispose of the FSO Belokamenka for…
Libya's National Oil Company (NOC) on Monday declared force majeure on exports from the El Sharara oilfield, which was seized at the weekend by a…
Monday, 10 December 2018 06:39

AREG Membership on the Rise

Aberdeen Renewable Energy Group (AREG) reports it has seen its membership numbers rise over the past 12 months with an increase in the number of…
A general cooperation agreement between OPEC and non-OPEC countries will be signed in three months' time in Saudi Arabia, the UAE's energy minister said on…
Oil eased on Monday, echoing the weakness in global stock markets and erasing some of the gains made last week when producer group OPEC and…
Monday, 10 December 2018 04:46

Eni Makes New Oil Find Offshore Angola

Italy's Eni said it ha struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. (Photo: Eni) The discovery,…
Monday, 10 December 2018 04:33

Hess, Conoco Raise 2019 Production Outlook Featured

Oil and gas producer Hess Corp and Conocophillips both expect production for 2019 to be higher than this year even as they spend roughly the…
Monday, 10 December 2018 04:31

Eni Starts Production at Vandumbu Field

Italy's Eni said it has started production from the Vandumbu field in Block 15/06 through West Hub N’Goma floating production, storage and offloading unit (FPSO).…
Monday, 10 December 2018 04:05

Malaysia Agrees to Extend Oil Output Cut

Malaysia will extend its oil production cuts by another six months after the agreement between OPEC and other oil producers to reduce global supply ends…
Mexico's energy secretary Rocio Nahle said on Saturday that President Andres Manuel Lopez Obrador's newly installed administration would cancel two bidding rounds for oil and…
Libya's National Oil Corp (NOC) warned on Sunday of "catastrophic consequences" if the El Sharara oilfield is brought to a complete halt by a protest…
Pressure on oil companies to tackle climate change is growing after an activist group for the first time filed a shareholder resolution urging BP to…
Monday, 10 December 2018 03:43

Petronet Seeks Long-term Deal to Buy US LNG

Top Indian gas importer Petronet LNG is looking to sign a deal in a year's time to buy at least 1 million tonnes of U.S.…
Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union,…
Monday, 10 December 2018 03:19

Crude Oil Spill Near Port Sulphur, La.

The U.S. Coast Guard said on Sunday it is responding to a crude oil discharge in Rattle Snake Bayou, southwest of Port Sulphur, La. (U.S.…
Monday, 10 December 2018 02:34

Attempted Oil Theft Leads to Spill

At least 60,000 liters (377 barrels) of oil spilled into Rio de Janeiro's Guanabara Bay and a nearby river over the weekend after an attempted…
Vietnam's Nghi Son oil refinery has officially begun commercial production following months of tests, the owner of the refinery said on Monday. © christian42 /…
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