Oil and Gas

Isbel Lazaro, February 28, 2024.
Shell Nigeria Exploration and Production Company (SNEPCo) has successfully completed the first remotely controlled well completion operation in the Bonga field, located in Nigerian waters.

Isbel Lazaro, February 28, 2024.
U.S. oil and gas services company Helix Energy Solutions has been awarded a deepwater well intervention contract by Esso Exploration and Production Nigeria (Esso) in the Erha and Usan fields, located offshore Nigeria.

Joshua Falcon, February 27, 2024.
The U.S. refining sector has experienced a marked decline in activity, while simultaneously, disruptions in global trade have significantly constrained diesel exports.

Isbel Lazaro, February 27, 2024.
Denmark has concluded its investigation into the explosions that occurred on the Nord Stream 1 and 2 pipelines in September 2022, marking the second country to complete this process. The explosions resulted in four gas leaks, two within Sweden’s exclusive economic zone and two on Danish territory.

Joshua Falcon, February 26, 2024.
The UK government announced on Thursday its intention to follow the example of several European countries by withdrawing from a controversial energy treaty. This move is in response to the inability to modernize an agreement established in the 1990s, after negotiations to update it failed.

Joshua Falcon, February 26, 2024.
On the threshold of a nuclear renaissance, the United States is positioning itself to move into a new energy era. Aiming to compete with global leaders such as China in the clean energy domain, the U.S. has rediscovered the potential of nuclear power.

Joshua Falcon, February 26, 2024.
Benchmark Energy II, LLC, a majority-owned subsidiary of Acacia Research Corporation, is in the process of acquiring certain exploration and production assets, including significant Anadarko wells, along with related facilities in Texas and Oklahoma.

The company will drill 12 wells in Argentina to enhance exploration and production capacity