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

Oil & Gas 360ยบ

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Exxon announced the first Longtail discovery in June 2018.

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Crude oil extraction may be well past peak

Energy Central

World crude oil extraction reached an all-time high of 84.6 million barrels per day in late 2018, and production hasn’t been able to regain that level since then. World monthly crude oil production based on data of the US Energy Information Administration (EIA).

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Are we back to fundamentals as oil prices tank further?

Oilholics Synonymous Report

For the second successive session this week oil prices have slid further and faster. Then came a revelation that OPEC - deemed the most bullish of the crude oil demand growth forecasters - had revised its prediction lower for 2024 below 2 million bpd. Photo: Oil production site. jplenio / Pixabay , 2018.

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FG Flaunts Scorecard On Maritime, Cross Border Oil Related Crimes Fight In 5yrs

Orient Energy Review

President Muhammadu Buhari has said that over 220 vessels involved in maritime criminality within Nigeria’s Exclusive Economic Zone, up to the Republic of Togo, between August 2018 and March 2023, have been prosecuted.

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Nigeria Oil Industry Overview

Drillers

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

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Collaboration: Key to the first multicloud blockchain deployment

IBM: Oil & Gas

We create software solutions for participants in the oil and gas supply chain — the producers, suppliers and retailers who move bulk liquids like crude oil, natural gas liquids and derivatives like natural gas, propane, butane and more.

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Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

On March 29, 2018, the United States Court of Appeals for the Third Circuit issued its ruling in In re: Petition of Frescati Shipping Co., ATHOS I had its genesis in a 2004 vessel allision and oil spill on the Delaware River between New Jersey and Pennsylvania. as Owner of the M/T ATHOS I , Nos. 2701, et seq. 2701, et seq.โ€

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