ExxonMobil Low Carbon Solutions recently announced a carbon capture and storage agreement with Nucor Corporation, one of North America's largest steel producers. Under this new agreement, ExxonMobil will undertake the capture, transport, and storage of up to 800,000 metric...

Petrobras said it started production with the Almirante Barroso floating production, storage and offloading (FPSO) platform on May 31, in the Búzios field, offshore Brazil. The start-up adds 150,000 bpd of oil output and 6 million cubic metres (m³) of...

Equinor Energy AS, operator of production licence 923, has concluded the drilling of wildcat well 31/2-23 S, the Norwegian Petroleum Directorate said on Thursday. The well was drilled about 3 kilometres west of the Troll field in the North Sea and about...

Exxon is continuing to build support for its petroleum operations offshore Guyana, with the recent addition of two state-of-the-art tugs. These impressive vessels, named MV Kalina and A’Rinra, will play a crucial role in guiding oil tankers at the...

By Scott B. MacDonald - OilNOW In May 2023, Guyana’s President Dr. Mohamed Irfaan Ali made an official visit to Qatar, several thousand miles away in the Persian Gulf, and opened his country’s first embassy in Doha. Points of discussion...

In a significant milestone for bpTT, the energy company has announced the successful completion of the first phase of its ambitious "small pools" drilling campaign. Launched in October 2022, the campaign focuses on accessing smaller gas accumulations near existing...

There has been an increased global push from anti-oil environmentalists for an end to oil projects in an effort to combat climate change and ensure a smooth transition to renewable energy sources. But countries like Guyana and Norway have...

TotalEnergies is seen as Suriname’s golden ticket to kickstart its Guyana-like offshore oil production operations.   But this is proving to be slow in coming. Why? The country still awaits a final investment decision (FID) for its offshore Block 58 -...

HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) today announced the election of Daniel J. Nova to its Board of Trustees effective June 1, 2023. Nova was also appointed as a member of the Compensation and Finance Committees effective...

In a world grappling with the urgent need to combat climate change, the western environmental lobby stands accused of putting some nations between a rock and a hard place. A divide seems to be emerging between anti-oil activists and...