Producing Oilfield

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Chevron to sell its oil and gas assets in the North Sea after more than ...

This is Money 16 May 2024

... Clair oilfield, west of Shetland in Scotland ... The Clair oilfield, the largest in the British North Sea, is operated by BP and produces about 120,000 barrels per day....

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Chevron to sell North Sea oil interests after 55 years

AOL 16 May 2024

The latest planned sale would see it pull out of its remaining interests in the region, including a 19.4% stake in the Clair oilfield, west of Shetland ... https.//t.co/Qr1MGT7pot pic.twitter.com/HBZrmoXVEI ... The Clair oilfield, the largest in the British North Sea, is operated by BP and produces about 120,000 barrels per day ... A Chevron spokesperson said....

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Saneg first in Central Asia to register methane emissions project for trading

Natural Gas World 13 May 2024

This emissions saving is equivalent to taking around 20,000 vehicles off the road, company founder Bakhtiyor Fazilov said ... ngc.co.tt ... Saneg accounts for four-fifths of oil and 5% of gas produced in Uzbekistan, having been handed licences to 103 previously state-managed oilfields in 2019 as part of a push by the government to reverse output decline....

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Iraq opens gas and oil reserves for development as it seeks to boost revenues

The National 11 May 2024

The country is now producing slightly more than 4 million barrels a day from Baghdad-controlled oilfields, up from nearly 2.4 million a day in 2009, and its daily exports averaged 3.6 million barrels a day in March, according to Oil Ministry figures. Iraq is Opec’s largest producer behind Saudi Arabia....

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Occidental Petroleum says CrownRock deal could close by August

Natural Gas World 09 May 2024

HOUSTON, May 8 (Reuters) - Occidental Petroleum hopes to close its acquisition of shale oil producer CrownRock before its second-quarter earnings call, CEO Vicki Hollub said on Wednesday ... oilfield as part of a wider consolidation wave among shale producers....

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International Battery Metals (IBAT) and US Magnesium Sign Agreement to Install World's First Modular Direct ...

The Galveston Daily News 07 May 2024

Modular design provides scalability and smaller footprintTechnology effective with diverse brine resources, including oilfield produced brines, as well as subterranean brines .......

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American oil tycoon accused of trying to conspire with OPEC to inflate prices

CNN 02 May 2024

Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on Thursday ... The company he founded is the biggest producer in the Permian Basin, the abundant oilfield that has helped make the US the world’s top producer of oil and gas ... “Mr....

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Henkel, Kraton and Dow Jointly Drive Sustainability in North American Consumer Goods Industry

ACCESSWIRE 01 May 2024

... specialty products are sold into adhesive, road and construction and tire markets, and it produces and sells a broad range of performance chemicals into markets that include fuel additives, oilfield chemicals, coatings, metalworking fluids and lubricants, inks, and mining....

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Carbon capture tech makes oilfield go greener

China Daily 30 Apr 2024

Through the development of carbon capture, utilization and storage technology, an extraction area in PetroChina Liaohe Oilfield, located in Panjin, Liaoning province, has been injecting the carbon dioxide produced during the extraction process into underground storage over 3,000 meters deep....

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