Speaking after reports that ExxonMobil is preparing to put its Norwegian upstream portfolio up for sale. Neivan Boroujerdi. principal analyst. Europe upstream. at Wood Mackenzie.
Read More »Key Exxon Shareholder Starts Divesting Over Climate Change
One of Exxon Mobil Corp.‘s largest shareholders. Legal &. General Group Plc. has divested 19 of its funds from the company and will ask its clients if it can withdraw more money. saying the oil and gas producer isn’t adequately addressing climate change.
Read More »Equinor Completes Purchase of Brazilian Oil Discovery For £300m
Norwegian energy giant Equinor has announced that it has bought up interest in a Brazilian oil discovery for more than £300 million.
Read More »Sleipner Partnership Releases CO2 Storage Data
Equinor and its partners will disclose datasets from Sleipner field. the world'.s first offshore CCS plant. in a push to advance innovation and development on the field of CO2 storage.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »Delaying Climate Action Increases the Challenge. According to Equinor
Current climate actions are far from enough to put the world on a path to keep global warming well below 2o degrees.
Read More »Supermajors Lead the Way in High Impact Exploration
The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018.
Read More »Norwegian Oil Patch Ramps Up Spending To Counter Decline
Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.
Read More »Saudi will Supply an Extra 2 Million Barrels a Month to Indian Oil Corp from July
India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Putin Prepares to Withdraw Support for Maduro
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
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