FPSO Marechal Duque de Caxias arrived in Brazil Ruth Arteaga. · May 29, 2024 The FPSO will be able to produce up to 180,000 barrels of oil and compress 12 million cubic meters of gas daily.
EU Greenlights Methane Limits, Effective 2030 Joshua Falcón. · May 28, 2024 Oil and gas importing companies that do not comply with these limits will face financial penalties.
Saudi Aramco shares to be sold in June Isbel Lázaro. · May 28, 2024 Aramco's 2019 initial public offering raised $25.6 billion, making it the largest in the world.
China’s Zhangzhou LNG Terminal Launches Operations Joshua Falcón. · May 28, 2024 The operation of the Zhangzhou LNG station will enhance natural gas storage and transportation capabilities in the region.
Offshore oil well upgrading operations begin offshore Turkey Joshua Falcón. · May 27, 2024 Trillion Energy had announced its intention to evaluate further exploration opportunities around the SASB development license area.
Petrobras Boosts Oil Output with New P-84 & P-85 Platforms Joshua Falcón. · May 27, 2024 The Atapu expansion will include the construction of a new FPSO with a capacity of 225,000 barrels per day.
OPEC+ to meet in June (again virtually) Isbel Lázaro. · May 26, 2024 Since 2020, OPEC+ has held only two face-to-face meetings, preferring videoconferencing even after the easing of restrictions caused by the pandemic.
Company Partners with Shell for Liquefied Natural Gas Supply Ruth Arteaga. · May 26, 2024 AMNS's Hazira plant will produce steel with up to 65% of its capacity based on direct iron reduction technology.
MIOC discovered oil off the coast of Congo Ruth Arteaga. · May 26, 2024 The drilling rig used, Nuada class 82 SD-C, encountered a net oil column of 24 feet in the Moke-East well.
Chile Responds to Oil Exploitation Concerns in Antarctica Ruth Arteaga. · May 26, 2024 The reserves discovered in Antarctica could contain up to 511 billion barrels of oil.