The Nigerian National Petroleum Corporation, NNPC, recently revealed that it has attained a trading surplus of 4.26 billion in its operations for the month of July.
ExxonMobil considers selling its offshore Malaysia upstream assets as part of the U.S energy giant’s divestiture program.
The Nigerian National Petroleum Corporation (NNPC) will begin the publication of details of its petroleum product supplies.
Occidental Petroleum opened the first solar farm which will directly power its oil and gas operations.
Goodnight Midstream a Dallas pipeline operator receives $500 million in private equity funds to enlarge the company’s oil field water operations.
Forty Angolan technicians working for Sonangol, an oil company, have received their diplomas after attending a training programme on the refining process at Corporate University of the Italian oil multinational ENI, as part of the sector’s re-launch in Angola.
ExxonMobil intends to sell its oil and gas assets to a Norway firm backed by Eni, an Italian company for $4.5 billion.
OPEC’s task of balancing the market a disconcerting one due to the oil market tightening up but a major surplus is coming in the next year.
Bloomberg on Tuesday showed its compiled tanker tracking data, and it showed that the Organisation of the Petroleum Exporting Countries (OPEC) oil exports rose to a four-month high.
SembCorp Marine has been awarded an exclusive FEED contract by Sicar Point Energy for the design of a Sevan cylindrical FPSO, for its Cambo field development on the UK Continental Shelf.