Latest News for: Oil assets

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Crescent Point Energy selling $600M of assets to Saturn Oil & Gas

Moosejaw Today 07 May 2024
It says production from the assets is expected to be 13,500 barrels of oil equivalent per day over the next 12 months ... Saturn Oil & Gas, also based in Calgary, has assets across Alberta and Saskatchewan.
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Most actively traded companies on the Toronto Stock Exchange

Moosejaw Today 07 May 2024
Canadian heavy oil has historically sold at a discount to lighter U.S ... oil ... It says production from the assets is expected to be 13,500 barrels of oil equivalent per day over the next 12 months.
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Bayou Midstream, LLC and EIV Capital, LLC Complete Sale of Operating Subsidiaries to Bridger Pipeline LLC

GetNews 07 May 2024
Bayou’s subsidiaries own and operate crude oil gathering, storage, and transportation assets and a strategic sand transloading terminal in the western Bakken ... through our midstream assets.
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Promethean Energy Starts Work To Decommission Orphan Wells In The Gulf Of Mexico On Behalf ...

MENA FN 07 May 2024
(MENAFN - PR Newswire) HOUSTON, May 7, 2024 /PRNewswire/ -- Promethean Energy , an oil and gas company focused on stewarding mature assets has started work on the temporary abandonment of 9 orphan ... .
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HNR Acquisition Corp Reports Compliance with NYSE American Company Guide Following Filing of its Annual ...

ACCESSWIRE 07 May 2024
On November 15, 2023, HNRA acquired its operating entity, LH Operating, LLC, whose assets include interests in the Grayburg-Jackson oil field in the prolific Permian Basin in Eddy County, New Mexico.
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Sapura and Paratus JV lands $1.8bn PLSV contract with Petrobras

Splash24/7 07 May 2024
Seadrill sold its 35% stake in Paratus to John Fredriksen’s family investment vehicle, Hemen, and funds managed by Lodbrok Capital and Melqart Asset Management in 2022.
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Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025

CNBC 06 May 2024
Exxon claims right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources ... .
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Occidental explores sale of Permian assets worth over $1 billion, sources say

Natural Gas World 06 May 2024
However, Occidental has kicked off the sale process for the Barilla Draw assets, as it sees an opportunity to attract strong interest from other Permian oil producers who have completed their recent dealmaking spree, the sources said.
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Divestment: Oando to Double Crude Output to 50,000bpd after Eni Deal

This Day 06 May 2024
But questions have been asked about the capacity of the domestic companies to operate major assets and finance new drilling at a pivotal moment for Nigeria’s oil sector ... flow the oil or the gas.
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UK offers over 30 oil and gas licenses in offshore wind farm sites

Splash24/7 06 May 2024
The UK has offered 31 new oil and gas licences to operators at sites which are meant for offshore wind licensing ... More fossil fuels will only create stranded assets and stranded jobs at a time when demand for oil and gas is falling,” he added.
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Oil Companies Contaminated a Family Farm. The Courts and Regulators Let the Drillers Walk Away.

ProPublica 06 May 2024
In November 2019, shortly after the Ledgerwoods’ attorney sent discovery requests to Wise Oil & Gas, the company filed in a Texas court for voluntary Chapter 7 bankruptcy — a full liquidation of its assets.
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Saudi Aramco, ADNOC are betting on AI. Is NNPC aware?

Business Day Online 06 May 2024
The world is prepping for an oil and gas industry where completely unmanned assets are operated, inspected and maintained with. read more Saudi Aramco, ADNOC are betting on AI. Is NNPC aware? ... .
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Shell to keep upstream operations in SA but quits forecourts

Business Day 06 May 2024
The oil and gas major in November also entered into a sale and purchase agreement with Brazil’s state oil company, Petrobras, relating to the divestment of its downstream businesses in Uruguay and Paraguay as well as “certain assets” in Colombia.
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Heir of French luxury brand Cartier arrested for attempted money laundering using USDT

Invezz 06 May 2024
How did Cartier execute the operations? ... Per an April 23 Invezz report, the stablecoin issuer vowed to freeze assets linked to PDVSA. This decision followed reports that the Venezuelan state-run oil company plans to leverage USDT to dodge U.S ... ....
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