ExxonMobil to Acquire 40 Percent of Bahia NGL Pipeline
Enterprise and ExxonMobil plan to raise Bahia's capacity to transport Permian NGLs to Enterprise's Mont Belvieu fractionation complex to one million bpd.
Oil Prices Have Fallen Sharply
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday.
Norway Gas Output Hits Six-Month High
Norway produced 336.76 million standard cubic meters a day of natural gas in October, its highest over the last six months, according to preliminary official monthly production figures.
USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
The EIA's latest weekly petroleum status report showed that crude oil stocks, not including the SPR, stood at 424.2 million barrels on November 14.
Dynagas Q3 Revenue Down YoY
'We maintain a firm belief in the long-term fundamentals of LNG shipping'.
CEO Denies Alleged TotalEnergies Link to Mozambique Crimes
Pouyanne rejected accusations the French energy firm has responsibilities in alleged killing of civilians four years ago at its liquefied natural gas project site in Mozambique.
Oil Slips as Peace Talks Advance
Traders weighed potential sanction rollbacks that could add Russian supply.
Russian Oil Giant Recommends Lowest Interim Dividends Since 2020
Russian oil giant Rosneft PJSC plans to pay the lowest interim dividends since the pandemic in 2020.
Exxon Lifts Force Majeure on Mozambique LNG Project
Exxon Mobil Corp. lifted a force majeure on its Rovuma liquefied natural gas project in Mozambique as security concerns subside.
North America Drops Rigs Week on Week
North America dropped two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Golden Pass LNG Amends Train 2 and 3 Contract
Golden Pass reached an agreement with Chiyoda and McDermott to amend the EPC terms for the second and third trains of the Texas project owned by QatarEnergy and ExxonMobil.
Phillips 66 to Supply SAF to DHL for Three Years
Phillips 66 won a three-year contract to deliver over 240,000 metric tons of sustainable aviation fuel from its Rodeo facility in California to German logistics giant DHL.
USA EIA Raises WTI Oil Price Forecasts
The U.S. Energy Information Administration increased its West Texas Intermediate (WTI) spot average price forecast for 2025 and 2026.
NSTA Announces 'Giant Leap Forward for North Sea Data Sharing'
The North Sea Transition Authority announced a 'giant leap forward for North Sea data sharing' in a statement posted on its website recently.
India Seeks Mideast Oil Shippers amid Russia Sanctions
So far this week, roughly a dozen vessels have been chartered to ship crude from countries including Saudi Arabia, Kuwait, Iraq and the United Arab Emirates and ferry it across the Arabian Sea, according to shipbroker reports.
NuEnergy Completes Drilling for 'Early Gas Sales' Project in Indonesia
The Australian company completed drilling for the fourth and final well in its one-MMscfd 'Early Gas Sales' project under the initial development plan for the Tanjung Enim coalbed methane production sharing contract in Indonesia.
Hammerfest LNG Workers Got Ill from MEG Tanks Venting, Equinor Finds
Dozens of workers at the export terminal on the Norwegian island of Melkoya got ill from exposure to vented gas from tanks storing monoethylene glycol, a probe by the operator revealed.
Oil Falls on Rising Fuel Stocks
Hints of stalled Russia-Ukraine diplomacy briefly softened market fears.
US Risks Winter Blackouts on Data Center Demand
Rising electricity demand from data centers is raising the risk of blackouts across a wide swath of the US during extreme conditions this winter, according to the regulatory body overseeing grid stability.
Monumental Completes Capital Raise to Fund More Production Restarts in NZ
The Vancouver-based company issued 16.2 million units for CAD 0.05 per unit in an oversubscribed non-brokered private placement, generating gross proceeds of CAD 810,000.
