Testing page for app

US crude exports to China have decreased from peak levels in May and June, but Vortexa said there may be unique opportunities looking forward.

Although based on “intensity” and not “absolute” emissions, oil giants say it’s a step toward net-zero goals for 2050.

The combined company will target the renewables market. Aker Solutions intends to spin off its wind development and its carbon capture technology businesses into two new companies, which will be part of its renewable energy group, Aker Horizons.

In its push to boost deepwater production, Petrobras is aiming to launch a leasing tender to build an FPSO described as Brazil’s largest-ever oil platform. Decommissioning work begins in the Campos and the Sergipe-Alagoas Basins.

Lease Sale 256 was originally set for August but was moved due to COVID-19’s impact on the oil and gas markets. Bids will be accepted by mail only due to the ongoing pandemic.

The Mozambique LNG project expects to achieve financial close in Q3.

Energy Transfer pursued the stay and expedited appeal after its emergency request for a stay was denied by the US District Court for the District of Columbia.

IHS Markit says the industry’s “striking pace of growth” and a dynamic commercial environment are fueling the movement to zero-carbon sources.

Why stimulate horizontal wells one by one when they can be done two at a time? The largest pressure-pumping company in the business says it might even be possible to complete three wells at once.

The 18-month contract is for work in the Al-Nasiriyah oil field in southern Iraq’s Dhi Qar province.