US to sell 18 million barrels from Strategic Petroleum Reserve
The US government will sell 18 million barrels from the Strategic Petroleum Reserve to companies on January 4, 2022. The release is part of a...
Tag : Oil
Gran Tierra Energy announces $220M in capex for 2022
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Gran Tierra Energy, an international oil and natural gas producer currently developing assets in Colombia and Ecuador, announced its capital guidance for 2022 this week....
SurfCleaner, bringing tangible solutions for treating water surface
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SurfCleaner is an emerging Sweden-based company with top-notch solutions for water treatment, making it possible for industrial plants to treat surface pollutants including sludge, oil...
Hurricane Ida has already affected more oil than Katrina
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Hurricane Ida is approaching the U.S. Gulf Coast; it is expected to hit land by August 29. As the region is home to key energy...
TAQA to sell some Canadian assets to Blue Sky
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This Wednesday, United Arab Emirates government-controlled energy holding company, Abu Dhabi National Energy Company (TAQA), announced it is nearing a deal to sell some light...
BP releases Q3 earning expectations; it increases dividend
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This Thursday, oil and gas giant BP released its second-quarter earnings expectations. Accordingly, the Company announced it will expand its dividend and share buyback program. Read more...
Laredo Petroleum closes acquisition of Sabalo Energy assets
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Laredo Petroleum, exploration and production company headquartered in Tulsa, Oklahoma, announced this Thursday it completed the acquisition of previously announced assets from Sabalo Energy. Firstly,...
Chevron has no plans to shrink oil and gas business in front of renewables
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Chevron has no plans to shrink its oil and gas in favor for renewables; unlike many of its peers; Chief Financial Officer of the company,...
Iran says oil sanctions will be lifted; U.S. does not agree
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Iran said on Wednesday that the U.S. had agreed to end all of the oil sanctions imposed; however, the U.S. said that “nothing is agreed...
Manuel project in the Gulf of Mexico by BP starts successfully
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The Manuel project has successfully started in the Na Kika platform in the Gulf of Mexico, launched by oil major bp. The company announced the...