Oil and Gas

Inspenet, February 15, 2024.
The French company TotalEnergies has shut down its refinery in Port Arthur, Texas, just days after resuming operations following a power outage in mid-January.

Inspenet, February 14, 2024.
A consortium led by Exxon Mobil Corp, which has full control of oil production in Guyana, has increased its production to approximately 645,000 barrels of oil per day (bpd) in this South American country.

Inspenet, February 13, 2024.
Samsung Heavy Industries has closed a landmark deal valued at 4.57 trillion South Korean won with a Middle Eastern shipping company for the construction of 15 liquefied natural gas (LNG) carriers.

Inspenet, February 9, 2024.
TotalEnergies, together with its partners, has started production at the Akpo West field, located in the PML2 license in Nigeria. This field is located 135 km from the coast.

Inspenet, February 8, 2024.
Valaris, the offshore drilling company, has begun drilling the first gas development well at Woodside’s Scarborough project, located off the coast of Australia. The platform used for this task is the VALARIS DPS-1.

Inspenet, February 8, 2024.
Ljungqvist noted that the main purpose of the investigation into the Nord Stream gas pipeline incidents was to determine whether Swedish citizens participated in the action and whether Swedish territory was used to carry out the action.

Inspenet, February 7, 2024.
Brazil has reached a new record in hydrocarbon production by 2023, with a daily average of 4.34 million barrels of oil and natural gas equivalent, as revealed by the National Oil and Gas Agency (ANP).

Inspenet, February 6, 2024.
Eni SPA has announced that it is awaiting government approval to begin construction of its third biofuel production facility in Italy, which it plans to build in the port town of Livorno.

Inspenet, February 6, 2024.
With the purpose of further expanding its exports, YPF is moving forward with an ambitious project: the construction of an oil pipeline that will extend to the coast of Río Negro, where the largest export port in South America will be built.

Inspenet, February 4, 2024.
Petróleo Brasileiro SA (Petrobras) has detected the presence of hydrocarbons in the Pitu Oeste deepwater exploration well, located in the BM-POT-17 block of the Potiguar deepwater basin, at a distance of 52 km from the coast of the state of Rio Grande do Norte, Brazil.