Interesting Engineering on MSN3d
World’s largest metamorphic rock oilfield in China’s Bohai Sea commences production
The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...
Colorado-based Bayswater oil, gas company selling $603M of assets in Denver-Julesburg Basin
Bayswater Exploration and Production, a Denver-based oil and gas company, has entered into an agreement to sell $603 million ...
vegconomist2h
NoPalm Ingredients’ Yeast-Based Oil Reaches Industrial Scale, Cutting Emissions by 90%
Dutch biotech company NoPalm Ingredients has scaled its fermentation-derived oil production to an industrial level of 120,000 ...
U.S. November Oil Production Drops To Year-Ago Level
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
The Associated Press on MSN11d
Exxon Mobil's strong fourth quarter fueled by rising production
Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...
JD Supra1d
OFAC Announces Two New Waves of Sanctions Targeting Russia’s Oil Production and Exports, Military-Industrial Base, and Sanctions Evaders
On January 10 and January 15, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping ...
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...