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ExxonMobil Earns $19.7 Billion in 2017; $8.4 Billion in Fourth Quarter
Net favorable non-cash impacts in the fourth quarter total $4.6 billion, including $5.9 billion relating to U.S. tax reform,…
Suncor Energy implements autonomous haul trucks in the oil sands
CALGARY, ALBERTA-- - Suncor Energy has officially announced it will proceed with the phased implementation of autonomous haulage…
Industry leaders and expert to lead discussions at WAIPEC 2018 in Lagos
Chevron, NNPC, Seplat, ExxonMobil and TOTAL amongst leading organisations to feature on the Agenda
The Petroleum Technology…
Lukoil Cumulative Oil Production in Russia Exceeds Two Billion Tonnes
LUKOIL's cumulative production of oil in Russia has exceeded two billion tonnes. The company's Russian projects produced jointly…
E.ON kickstarts smart meter rollout
E.ON has ordered 16,000 smart meter gateways from the manufacturer PPC, thus paving the way for the installation of smart metering…
Shell wins nine exploration blocks in Mexico deep-water bid round
In today’s deep-water bid round for the Mexican Gulf of Mexico, Shell Exploración y Extracción de México, S.A. de C.V., (“Shell”)…
Shell announces large deep-water discovery in Gulf of Mexico
Shell Offshore Inc. (“Shell”) has officially announced one of its largest U.S. Gulf of Mexico exploration finds in the past…
ExxonMobil to Triple Permian Production by 2025
IRVING, Texas----ExxonMobil has officially announced that it plans to triple total daily production to more than 600,000…
PPL Corporation sets goal to reduce carbon dioxide emissions
Company seeks 70 percent reduction from 2010 levels by 2050
ALLENTOWN, Pa., -- PPL Corporation has officially announced a goal to…
BP makes huge investment in mobile electric vehicle
BP Ventures invests $5 million in FreeWire, manufacturer of mobile rapid charging systems for electric vehicles
BP to trial…
AFDB to reach 29.3 million Africans with electricity by 2020
• 3.8 million Africans provided access to electricity in 2017, says President Adesina
• Plans for 10,000 MW of solar power systems…
E.ON’s technology stores solar power without batteries
E.ON stirs up the solar and photovoltaic market. E.ON is the first company to offer its customers the option of storing their own…
Lukoil Commissions First Production Well at the Phase 2 of Filanovsky Field
LUKOIL has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the…
Gazprom and ChelPipe put focus on innovations
A meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andrey Komarov, Chairman of the Board of …
Hamburg Süd to launch new services between West Coast South and Central America and Asia
Beginning in April, Hamburg Süd is launching a new service network between Asia and South America West Coast, Mexico, Central…
Gazprom and TMK discuss pipe supplies partnership
A meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Pumpyansky, Chairman of the Board of …
New projects must surpass Egina FPSO integration -NCDMB
New deep water projects in Nigeria must set new records beyond in-country integration of the Floating, Production, Storage and…
BP makes two new exploration discoveries in the North Sea
BP has made two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central…
Shell agrees to sell stake in Thailand’s Bongkot field to PTTEP
Shell Integrated Gas Thailand Pte Ltd and Thai Energy Company Ltd, affiliates of Royal Dutch Shell Plc, have agreed to an asset…
Nigeria: Kaduna refinery shuts down due to lack of crude oil
Fuel shortages across the country may worsen over the coming weeks as the Kaduna Refining and Petrochemical Company (KRPC) has…
Nigeria: Wood Loggers Damage Oji River Nsukka Transmission Line, Enugu State
The Transmission Company of Nigeria regrets to announce that activities of wood loggers in Ukana town, by Nineth Mile-Nsukka road,…
Spirit Energy receives 11 New licences Offshore Norway
Spirit Energy has been awarded 11 licences in the Awards in Predefined Areas (APA) round on the Norwegian Continental Shelf. …
Spirit Energy to drill new well at Chiswick field, Southern North Sea
Spirit Energy is extending the life of one of its key North Sea fields by tapping into new reserves this year.
Spirit, one of…
Volvo Penta powers Tesmec units for cable maintenance on Italian railway network
Multi-purpose railway vehicles manufactured by Tesmec to carry out refurbishment of overhead electric lines across Italy, are to…
Chevron Announces Major Oil Discovery in Deepwater Gulf of Mexico
Ballymore further consolidates Chevron’s position in the deepwater Gulf of Mexico
SAN RAMON, Calif.---- Chevron Corporation has…
ALSF trains WAEMU members in oil exploration and opportunities
In response to a request from the West African Economic and Monetary Union (WAEMU) Commission, the African Legal Support…
Suncor Energy ramps up production at its Fort Hills Project
CALGARY, ALBERTA--- Suncor has officially announced that the Fort Hills project is continuing its steady ramp up of production…
Rio Tinto’s autonomous haul trucks achieve one billion tonne milestone
Rio Tinto’s fleet of autonomous haul trucks achieved a significant milestone at the company’s world-class operations in Australia…
Gazprom and KOGAS Held Talks on LNG Supplies Cooperation
A meeting was held between Alexey Miller, Chairman of the Gazprom Management Committee, and Seung-Il Cheong, President and CEO of …
PPL Crews Completes Power Restoration Mission on the Hurricane-Battered Island
ALLENTOWN, Pa., -- PPL Electric Utilities employees packed their hard hats and work boots and boarded a flight to Puerto Rico…