Company News
CNOOC gains approval for major ultra-shallow gas field in South China SeaÂ
CNOOC has received official approval for a proved gas in-place volume exceeding 100 billion m3 at the Lingshui 36-1 field.
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DeepC Store and Azuli secure greenhouse gas assessment acreages offshore AustraliaÂ
DeepC Store and Azuli have been awarded two GHG acreages in the Bonaparte and Browse Basins off the coast of Australia. Â
Company News
Petrobras confirms discovery of gas reserves off Colombia’s coastÂ
Petrobras, the state-owned oil and gas company of Brazil, has confirmed a natural gas discovery offshore Colombia.Â
Company News
Chevron net income dips 26% to $4.44bn in Q2 2024 Â
Chevron has reported a net income of $4.44bn for the fourth quarter of 2024, down 26.3% from $6bn in the same quarter of the previous year.Â
Company News
Venture Global LNG sues Kiewit for allegedly leaking confidential documents to Shell Â
Venture Global LNG has initiated legal action against Kiewit, accusing the firm of sharing confidential documents with Shell.
Company News
ExxonMobil reports 17% surge in Q2 2024 net income to $9.24bn Â
ExxonMobil has reported a net income of $9.24bn for the second quarter of 2024, a 17.2% increase from $7.88bn.
Company News
BP partners with Indonesia’s ITB to enhance CCUS research and developmentÂ
bp has partnered with the Bandung Institute of Technology (ITB) to further research and development in CCUS in Indonesia. Â
Company News
BP greenlights Kaskida oil project in Gulf of MexicoÂ
bp has announced the FID for the Kaskida project, marking the establishment of its sixth operational hub in the Gulf of Mexico. Â
Company News
Chesapeake Energy swings to $227m net loss in Q2 2024Â
US natural gas producer Chesapeake Energy has reported a net loss of $227m for the second quarter of 2024.
Company News
Subsea Integration Alliance secures contract from bp in UK North SeaÂ
Subsea Integration Alliance, a joint venture between Subsea7 and OneSubsea, has been awarded a contract by bp in the UK North Sea.Â