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A final decision from the South African government is expected to be announced in March or April and Sinopec could still lose the dea.
Read More »Sinopec Acquire Assets in South Africa
Chevron Cancels Plan To Exit Bangladesh Gas Field
Chevron last week reported a net profit of US$ 1.95 billion. up by an impressive 52 percent on the year.
Read More »LNG Production Starts at Wheatstone
This is Chevron’s second project in the Australian LNG rush.
Read More »Chevron. Total Interested in Majnoon Oilfield
Royal Dutch Shell said last month it had agreed with Iraq’s oil ministry to relinquish operations at the Majnoon field to the government after unfavorable changes to fiscal terms.
Read More »Drillers Decline Trump’s Marine Sanctuary Offer
Last week. Exxon won the rights to develop 10 offshore blocks in Brazil.
Read More »Robust Chinese Demand Ensures Asian LNG Rally Has Legs
French nuclear regulator ASN ordered Electricite de France on Thursday to shut four nuclear units. sending power prices spiking.
Read More »Chevron to Invest $4 Billion to Boost Permian Basin Output
The Permian is the powerhouse (of U.S. crude output growth).
Read More »Gulf of Mexico Deal Shows Total Hungry for Exploration Again
The new Chevron partnership could revitalize Total’s portfolio in the GoM.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
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