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Chevron boosts oil and gas recovery in the Gulf of Mexico
The Tahiti field has produced more than 500 million barrels of oil equivalent since its start-up in 2009.
Oil and Gas
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Oil prices fall to yearly lows, threatening massive sell-off in crude market
Brent is touching yearly lows of $74.2, and a possible break of key support could trigger a 10% drop in crude oil prices, according to technical…
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Helix secures contracts with Petrobras for offshore well intervention in Brazil
The Siem Helix 2 vessel has completed more than 100 well interventions in the Santos and Campos basins since 2017.
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FPSO Sepetiba reached peak oil production in Santos Basin
The vessel reached full production in only eight months.
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Kotug to support ENI’s LNG project in Congo with advanced maritime services
The company will provide maritime services for the Congo LNG project, using its state-of-the-art vessels.
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API launches new pipeline safety standard to manage geological hazards
The new standard establishes a comprehensive framework for managing geological hazards.
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Ecopetrol launches petrochemicals export model to Latin America
With a weekly export volume of 1,500 tons, the company has already signed 12 commercial contracts under this model.
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OMV announces major gas discovery in the Norwegian Sea
This major gas discovery in the Norwegian Sea has an estimated value of up to 140 million barrels of oil equivalent.
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Company seeks to build new ethane cracker plant in Louisiana
Shintech, a subsidiary of Shin-Etsu Chemical, has filed a permit application with the Louisiana Department of Environmental Quality (LDEQ) to construct a new ethane cracker plant…
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Proposed law seeks to ban fracking in Colombia
The project has obtained the support of both pro-government and center-right political parties.
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Chevron expands CCS portfolio with greenhouse gas assessment permit in Western Australia
Obtaining the greenhouse gas assessment license in Western Australia boosts the company's offshore carbon capture and storage (CCS) strategy.
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Dozens of NGOs accuse UK offshore oil and gas licenses of “illegality”
The legal action is supported by organizations such as Greenpeace and Friends of the Earth.