Market Reports
Empire Petroleum buys US oil and gas assets from ExxonMobil
Empire Petroleum has acquired oil and gas assets in New Mexico, US, from ExxonMobil for an undisclosed sum. The transaction...
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Aramco announces second quarter and half-year 2020 results
The Saudi Arabian Oil Company announced its results for the second quarter and first half of 2020, highlighting the Company’s...
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bp agrees to sell its petrochemicals business to INEOS
bp has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to...
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Empire Pipeline Acquires Gibson Terminal In Terrebonne Parish, Louisiana
Empire Pipeline LLC announced it has acquired a crude oil terminal in Gibson, Louisiana from Equilon Enterprises LLC and Shell...
Read moreCNOOC Limited Announces Key Operational Statistics for Q1 2020
The Company achieved a total net production of 131.5 million barrels of oil equivalent for the first quarter of 2020,...
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Renewables: Total Continues to Expand its Footprint in Southeast Asia in Distributed Solar
Total, through its affiliate Total Solar Distributed Generation, has added six new solar projects with a total capacity of around...
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ExxonMobil earns $3.2 billion in third quarter 2019
Earnings included a favorable tax-related identified item of about $300 million, or $0.07 per share assuming dilution. Capital and exploration...
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BP to sell Alaska business to Hilcorp
BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska....
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ExxonMobil Earns $3.1 Billion in Second Quarter 2019
Exxon Mobil Corporation announced estimated second quarter 2019 earnings of $3.1 billion, or $0.73 per share assuming dilution, compared with...
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Equinor capitalizes shares in Lundin Petroleum for increased direct ownership in Johan Sverdrup and a cash consideration
“Since 2016 we have more than doubled the value of our investment in Lundin. This transaction gives us the opportunity...
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