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Friday, 12 October 2018 09:36

US GoM Oil Production Off 32% from Storm

U.S. Gulf of Mexico producers have cut oil output by 32 percent and natural gas production by 13 percent as…
U.S. crude prices were modestly higher on Tuesday as nearly one-fifth of daily oil production was lost from offshore Gulf…
Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil production and evacuated staff from 10 platforms…
Aker Solutions said it has secured an order from Petrobras to provide a subsea production system and related services for…
General Electric Co's unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil's Petrobras, a Baker Hughes…
Thursday, 27 September 2018 12:25

Exxon Brazil to Focus on Drilling and Production

Exxon Mobil Corp will focus on drilling and production in Brazil now that it has made extensive acquisitions of oil…
Exxon Mobil Corp will focus on drilling and production in Brazil now that it has acquired lots of oil blocks…
Thursday, 27 September 2018 04:47

Hibiscus Petroleum to Double Production

Malaysian oil and gas exploration and production company Hibiscus Petroleum is aiming to double its oil output in the United…
Austria's OMV started production at Abu Dhabi's SARB and Umm Lulu's offshore oil fields, expecting to produce 25,800 barrels per…
ExxonMobil said today that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low…