Shell’s spokesman Curtis Smith told Reuters that the oil giant is considering selling its 240,000-barrels-per-day refinery in Convent, Louisiana, as part of a broader strategy to reshape its refining portfolio, but the company has not announced yet.
Equinor has discovered gas and condensate in an exploration well 30/2-5 S Atlantis, which is located near the Kvitebjørn field in the North Sea. The well is located in production license 878 where Equinor is the operator.
Japan announces an investment of $14 billion in the production of Liquefied Natural Gas (LNG) in Mozambique. Funding will come from several Japanese banks, public and private.
Neptune Energy says it has discovered hydrocarbons at the Dugong well, which is located in the Norwegian part of the North Sea.
Russian Energy Minister, Alexander Novak said on Thursday that the OPEC+ group of oil producers is expected to start easing oil output cuts from August as previously agreed.
Three platforms have been removed from the Dutch sector of the North Sea by the offshore operator Neptune Energy. The three facilities, namely L10-C, L10-D, and L10-G, stopped production in 2016.
The oil and gas firm, Lukoil, has started drilling an exploration well at the Shirotno-Rakushechnaya prospect structure near the VI Grayfer field in the northern part of the Caspian Sea.
Equinor and Aker BP have struck a deal on how to proceed with investment in one of the largest undeveloped oil and gas reserves offshore Norway, the companies said in a statement on Thursday.
ExxonMobil Corp is exploring the possibility of investing in new projects to develop an LNG-to-power plant in Vietnam, the Southeast Asian government said on Thursday.
Royal Dutch Shell said on Tuesday it had resumed activities at its Bajada de Añelo block in Argentina's Vaca Muerta area after seismic activity in the region led to a halt late last week.