Pemex Jockeys To Operate Zama Area, But What About Talos Energy?
Pemex's CEO Octavio Romero Oropeza has announced the company's desire to operate a large offshore oil area that was discovered by a Talos Energy-led consortium, Reuters reported on Wednesday.?
Hess Raises 2020 Capex To $3B To Develop Bakken, Guyana
U.S. oil producer Hess Corporation said on Tuesday it expects to allocate US$3 billion for production, development, and exploration in 2020, focusing on high-return investments in the Bakken shale?
Russia's Oil Giant Lukoil Plans $100B Investment Over Ten Years
As part of a new development strategy, Lukoil plans to invest more than US$100 billion in various projects, primarily in Russia, Vagit Alekperov, the chief executive of Russia's second-largest oil?
Diesel genset efficiency optimization is sparking interest among miners, a new report by THEnergy reveals. The approach is based on conventional steam turbine technology, but advances have allowed it to?
Barclays Sees Lower Oil Prices In 2020 As Coronavirus Spreads
A slump in oil demand caused by the outbreak of the coronavirus in China could pressure oil prices by $2 per barrel Barclays analysts said, revising its full-year Brent crude?
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
ExxonMobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks after Exxon said it had?
Exxon yesterday closed at the lowest in a decade after eight daily declines in a row, once again highlighting the new challenges the oil industry is facing. Bloomberg notes?
The American Petroleum Institute (API) estimated on Tuesday a surprise large crude oil inventory draw of 4.27 million barrels for the week ending January 24, compared to analyst expectations of?
Rolls-Royce Looks To Install Mini Nuclear Reactors By 2029
Rolls-Royce plans to install by 2029 mini nuclear reactors in the UK that would be built in factories and delivered in modules, the chief technology officer of Britain's industrial technology?
Brazil has decided to stay out of OPEC for the time being as it seeks to expand its oil production, Bloomberg has reported, citing energy minister Bento Albuquerque. ?The?
