By: Inspenet, November 7, 2022
Sakhalin-1 oil exports are surging after Russia took control of the project from Exxon Mobil Corp., which had pledged to leave the country following the invasion of Ukraine.
By: Inspenet, November 4, 2022.
The Organization of the Petroleum Exporting Countries (OPEC) foresees an increase in the world demand for oil until 2035, thanks to the impulse of the African countries, India and other Asian countries, to support transport and the expansion of their middle classes, according to the entity’s annual report.
By: Inspenet, November 3, 2022.
Petrobras and its partners have made an oil discovery in the northwest of the Sépia oil field, in the Brazilian Sea, almost 250 km off the coast of Rio de Janeiro.
By: Inspenet, November 2, 2022.
Petroecuador reported on Friday that it awarded the sale of 720,000 barrels of crude oil to the state-owned Petrochina International Co Ltd. for 55.8 million dollars.
By: Inspenet, October 31, 2022.
The US oil company Exxon Mobil earned 42 thousand 990 million dollars in the first nine months of the year, which is 28.8% more than in the same period of 2021, driven by the general increase in energy prices.
By: Inspenet, October 27, 2022.
Oilfield services giant Schlumberger has changed its name to SLB to seek a new identity that will represent the transformation of an oilfield service provider into a technology company focused on energy innovation and decarbonization.
By: Inspenet, October 26, 2022.
The largest provider of oilfield services, the Schlumberger company posted its biggest profit in seven years. Schlumberger third-quarter adjusted net income rose to $907 million, the highest since 2015. The shares were up 2% in premarket trading.
By: Inspenet, October 24, 2022.
The United States Department of the Interior has proposed the sale of leases in the Gulf of Mexico by 2023. Thus, offshore oil and gas producers will be able to bid for extensions in place on March 29, 2023.
By: Inspenet, October 17, 2022.
The Brazilian oil company announced its intention to leave Argentina and for this it has launched the sale of its stake in Petrobras Operations (POSA), its local subsidiary, which owns 33.6% of the Río Neuquén Field.
By: Inspenet, October 17, 2022.
The secretary general of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais, said on a visit to Algeria that crude oil markets are going through a stage of great fluctuations.
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