Eni bares new oil discovery offshore Mexico
Italian multinational oil & gas company, Eni announces a new oil discovery on the Saasken Exploration Prospect in Block 10, located in the mid-deep water of the Cuenca Salina in the…
Exxon, Others to Launch Virtual LNG Pipelines in India
Chart Industries, Inc. reported Monday that it has signed a letter of cooperation with ExxonMobil India LNG Limited and Indian Oil Corp. (IOCL) to pioneer virtual gas pipelines in India.…
No Opec decision yet on oil cuts: Saudi energy minister
The Organization of the Petroleum Exporting Countries (Opec) hasn't made a decision yet on whether to extend or modify its agreement to cut oil output, Saudi Arabia Energy Minister Abdulaziz…
Exxon hits 15-year low prior to new strategy rollout
HOUSTON (Bloomberg) - Exxon Mobil fell to a 15-year low on Monday just over a week before CEO Darren Woods is scheduled to present the oil explorer’s long-term strategic plan…
Worley Wins Mozambique Contracts from Total
Total E&P Mozambique Area 1 Limitada has awarded Worley two master service agreements (MSAs) to provide services to the Mozambique LNG Project, Worley reported late last week. “We are pleased…
Equinor gives up on Great Australian Bight drilling plans
Norwegian oil and gas company Equinor has informed the Australian authorities of its decision to discontinue its exploration drilling plan (Stromlo-1) in the Ceduna sub-basin, offshore South Australia. Equinor said…
Construction Starts on Chinese Offshore Wind Super Projects
China Three Gorges (CTG) has started construction on what the state-owned utility describes as offshore wind ‘’super projects’’ with a combined capacity of 2,200MW. The two wind farms in question…
Muted Outlook for Oil & Gas Refining & Marketing MLP Industry
Master limited partnerships (or MLPs) differ from regular stocks in that interests in them are referred to as units and unitholders (not shareholders) are partners in the business. Importantly, these…
Deal for piped gas to India
An Agreement will signed for strengthening collaboration among India Oil Cooperation Ltd. Exxon and Chart Industries to improve access to gas, government sources told ET. NEW DELHI: A deal for…
Why is an E&P Recovery Slow to Materialize?
While the rest of the U.S. economy is enjoying one of its longest bull runs in modern history, the same, unfortunately, cannot be said for the E&P industry where the road…