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ExxonMobil finds more oil offshore Guyana at Tripletail

2 days ago DieselGasoil Comments Off on ExxonMobil finds more oil offshore Guyana at Tripletail
9/16/2019 IRVING, TEXAS – ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 Bboe on the Stabroek Block. Guyana offshore blocks. Tripletail-1 encountered approximately 108 feet of a high-quality oil-bearing sandstone Read More

Attacks on Saudi oil risk lowering Aramco IPO valuation

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By Shaji Mathew, Filipe Pacheco and Sarah Algethami on 9/15/2019 DUBAI (Bloomberg) – As bankers discussed Saudi Aramco’s initial public offering at the Ritz Carlton hotel in Dubai last week, a drone attack was being planned to hit the heart of its operations over the weekend. It caused Saudi Arabia to halve its oil output Read More

Refinery News Roundup: Turnarounds in Asia-Pacific coming to an end

6 days ago DieselGasoil Comments Off on Refinery News Roundup: Turnarounds in Asia-Pacific coming to an end
London — Mangalore Refinery and Petrochemicals Ltd. has begun to restart its crude distillation unit after fixing damage caused by heavy rain, company officials said. The refinery shut Phase-III process units during the third week of August as a precautionary measure after a landslide caused by heavy rain. Not registered? Receive daily email alerts, subscriber Read More

ESSO S.A.F. : Communiqué sur les résultats consolidés du premier semestre 2019

6 days ago DieselGasoil Comments Off on ESSO S.A.F. : Communiqué sur les résultats consolidés du premier semestre 2019
La Défense, le 12 septembre 2019 RÉSULTATS CONSOLIDÉS DU PREMIER SEMESTRE 2019 Résultat opérationnel ajusté en perte de 138 M€, reflétant principalement les faibles marges de raffinage et l’impact de l’arrêt pour maintenance planifiée de la raffinerie de Gravenchon.###  Résultat net positif de 16 M€ tenant compte d’effets stocks positifs pour 143 M€ Environnement économique Read More

Consortium of oil and gas operators awards blockchain pilot contract

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9/11/2019 HOUSTON – The Offshore Operators Committee (OOC) Oil & Gas Blockchain Consortium has awarded Data Gumbo its first contract to implement a pilot blockchain in water haulage. This pilot is the first industry-wide use of a blockchain-native network for water haulage, and the consortium will tap the power of GumboNet for real-time data transparency Read More

ExxonMobil, Enauta, Murphy buy deepwater blocks offshore Brazil: ANP

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Rio de Janeiro — ExxonMobil teamed Tuesday with Brazil’s Enauta and Murphy Oil to snap up three ultra-deepwater oil and natural gas concessions during Brazil’s first Open Acreage auction. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The companies paid a total of Real 7.9 million ($1.9 million) to Read More

Big Oil undermines U.N. climate goals with $50 billion of new projects: report

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LONDON (Reuters) – Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report published on Friday. FILE PHOTO: The Wahlenberg Glacier is seen in Oscar II land at Spitsbergen in Svalbard, Read More

Alimentation Couche-Tard and Crossamerica Announce the Closing of the Second Transaction in a Series of Asset Exchanges

2 weeks ago DieselGasoil Comments Off on Alimentation Couche-Tard and Crossamerica Announce the Closing of the Second Transaction in a Series of Asset Exchanges
Allentown, Sept. 05, 2019 (GLOBE NEWSWIRE) —             ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE THE CLOSING OF THE SECOND TRANSACTION IN A SERIES OF ASSET EXCHANGES Alimentation Couche-Tard Inc. (“Couche-Tard”) has transferred to CrossAmerica 56 U.S. company-operated convenience and fuel retail stores (the “Circle K stores”) CrossAmerica has transferred to Couche-Tard the real property for 19 Read More

Denmark’s MP Pension to divest shares in 10 leading oil majors

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London — MP Pension, a Danish fund which manages about $17 billion, is selling its holdings in the world’s ten biggest listed oil companies on the grounds their business models are currently incompatible with the Paris climate goals. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Under the move, Read More