Latest News for: Oil assets

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Africa’s Oldest Oil-Rich Dictatorship Has a Succession Problem

Hindustan Times 18 Apr 2024
Africa’s Oldest Oil-Rich Dictatorship Has a Succession Problem ... The Texas oil giant is currently transferring its Equatorial Guinea assets to the government as it exits the country after nearly three decades.
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The aftermath: Iran faces new sanctions following attack on Israel

LBC International 18 Apr 2024
Iran is already subject to US sanctions, where Washington prohibits all forms of trade with Tehran, freezes Iranian assets, and also restricts foreign aid, arms sales, and oil.  ... on oil trade.
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Iran sanctions: four decades of Western pressure

Naharnet 18 Apr 2024
The EU, meanwhile, bans technical assistance or the transfer of oil technology to Iran, imposes a ban on purchasing Iranian oil and freezes hundreds of assets including those of Iran's central bank.
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Israel looks to seize funds owed to Iran for attack losses

The New Arab 18 Apr 2024
In 2015, Switzerland’s highest court, ordered Israel to pay $1.1 billion to Iran, determining that Israel was obliged to pay Iran compensation for the assets and oil installations that, until 1979, ...
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Petrofac lands $350 million contract in West Africa

Upstream Online 18 Apr 2024
... the asset from ExxonMobil late this year.
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MultiSensor AI Announces Launch of MSAI Inspections Business

ACCESSWIRE 18 Apr 2024
MSAI's solutions are deployed by organizations to protect critical assets across a wide range of industries including distribution & logistics, manufacturing, utilities, and oil & gas.
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Lokpobiri: Nigeria Has Lost $34bn in Oil Output Decline from Delayed Seplat-ExxonMobil Deal

This Day 17 Apr 2024
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that Nigeria lost $34 billion in the last two and a half years due to the fall in production from the assets being ...
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Shell destroyed thousands of livelihoods – Amnesty International

Russia Today 17 Apr 2024
British energy giant Shell should not be allowed to sell its onshore assets in Nigeria until it properly addresses the environmental damages its decades of oil spills have caused in the Niger Delta ...
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Shell destroyed thousands of livelihoods Amnesty International

Beijing News 17 Apr 2024
British energy giant Shell should not be allowed to sell its onshore assets in Nigeria until it properly addresses the environmental damages its decades of oil spills have caused in the Niger Delta ...
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i3 Energy PLC Announces Partial Sale of the Company's Royalty Assets

ACCESSWIRE 17 Apr 2024
As part of i3's high-impact Montney oil asset at Simonette, the Company has retained its 16,160 acre royalty position, along with approximately 35 boe/d of associated production (3) (collectively the "Simonette Royalty"), throughout this core area.
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PetroEnergy 2023 profit higher at P944M

The Manila Times 17 Apr 2024
PETROENERGY Resources Corp ... In 2022, the plant had to be shut down for almost one month due to major preventive maintenance activities ... For this year, crude oil production will also continue at existing oil assets in Gabon, West Africa ... ....
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Jericho Energy Ventures Explores Spin-Off And Separate Listing Of Hydrogen Platform To Maximize Shareholder Value

ACCESSWIRE 17 Apr 2024
Jericho also owns and operates long-held producing oil and gas JV assets in Oklahoma which it is currently developing from cash flows in an effort to further increase production.
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BOEM Imposes Stricter Cleanup Bond Requirements for Offshore O&G

The Maritime Executive 16 Apr 2024
For the first time in 20 years, the Bureau of Ocean Energy Management has changed the rules on how offshore oil and gas operators guarantee that they will clean up after a platform is decommissioned.
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Nigeria Records Highest Quarterly Oil Output in Three-years Despite Production Decline in Q1, 2024

This Day 16 Apr 2024
A review of the oil production assets which were the most problematic during the period showed that Bonny terminal recorded a steady decline in 2024, falling from 6.36 million barrels in January to ...

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In this photo provided by the Ukrainian Emergency Service, firefighters put out a fire after Russia's missile attack in Kharkiv, Ukraine, Sunday, Dec. 31, 2023.
AP / Ukrainian Emergency Service via AP
In this photo provided by the Ukrainian Emergency Service, rescuers work at the site of a Russian missile strike in Chernihiv, Ukraine, Wednesday, April 17, 2024.
AP / Ukrainian Emergency Service via AP Photo
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