Rigzone Industry News

'The CMI14 well, the first of 17 contemplated in this year's business plan, represents an important milestone for the increase in production of this joint venture'.

'These Key Terms are an important step towards the Mako development final investment decision planned by midyear 2024'.

The scope of the agreement includes the separation and capture of CO2 emitted by JERA in Japan, cross-border transportation, and CO2 storage in Malaysia.

'This acquisition grows and strengthens our existing franchise and provides greater exposure to resilient end-use markets'.

'The Rodeo Renewable Energy Complex is on track to increase production rates to more than 800 million gallons per year (50,000 BPD) of renewable fuels by the end of the second quarter'.

The county of Bucks in Pennsylvania seeks to charge climate remedial measures to oil and gas giants.

PetroChina reported $20.6 billion in net income for 2023, up 8.3 percent compared to 2022 as growth in both upstream and downstream output offset weaker oil prices.

'The search for the missing person is still actively underway'.

Pemex is promising to cut its greenhouse-gas emissions by 54 percent over the next six years, and is targeting net-zero emissions by 2050.

The cargo of Merey crude is expected to be discharged over the weekend, but the Chinese oil major is unlikely to make further purchases if US sanctions on Venezuela are reinstated.