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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360ยบ

The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil. The huge resources discovered offshore Guyana since 2015 have made the country one of the newest crude oil exporters.

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30% of Ghanaโ€™s crude oil consumption purchased through Gold for oil programme โ€“ Lands Minister

Reporting Oil and Gas

Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. He clarified that the Clerk of Parliament’s official residence, alleged to have been sold in 2019, was actually sold in 2015.

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Proposed Railroad Rules May Impact Crude Oil Producers: Proposed DOT/PHMSA Oil Tank Car Rules

The Energy Law Blog

Notice of Proposed Rulemaking According to Transportation Secretary Anthony Foxx, the โ€œBakken crude oil is on the high end of volatility compared to other crude oils,โ€ฆ[and] its production is skyrocketing, up from 9,500 rail car loads in 2008 to 415,000 last year, a more than 4,000 percent increase.โ€ See 79 Fed.

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What Itโ€™s Like To Work On An Offshore Oil Rig

Drillers

Living on an offshore oil rig or a platform, or in living quarters on a vessel attached to a rig, all have similar challenges. Offshore oil fields represent a substantial portion of the worlds total crude oil output. In 2015, this portion was 30%.

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CanCambria Energy Corp. announces changes to management team and board

Oil & Gas 360ยบ

Our shareholders can rest assured the company is in the hands of some of the most commercially adept, no-nonsense data-driven oil and gas finders in the industry. Toby Pierce Professional Biography Toby Pierce is currently CEO and Director of Somerset Energy Partners, an oil and gas producer in South Texas.

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Sierra Club Asks Court to Ban Use of Legacy DOT-111 Tank Cars

The Energy Law Blog

As if crude producers and midstream transportation companies donโ€™t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.

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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

Global Oil Discoveries: Notable finds in Guyana , Namibia , and China highlighted continued interest in exploration. ExxonMobils latest discovery at Guyanas Stabroek block expanded its tally to over 30 discoveries since 2015.