Latest News for: Oil asset

Edit

For Reinvestment in Mobil, Shell, Agip, Equinor Oil Blocks, NUPRC Gives Two-week Ultimatum

This Day 04 May 2024
He stated that it was also meant to consider due diligence and interrogation on compliance with the laws and processes that govern the proposed divestment of oil and gas assets by International Oil Companies (IOCs) to indigenous companies.
Edit

To Accelerate Reinvestment in Mobil, Shell, Agip, Equinor Oil Blocks, NUPRC Gives Two-week Ultimatum

This Day 04 May 2024
He stated that it was also meant to consider due diligence and interrogation on compliance with the laws and processes that govern the proposed divestment of oil and gas assets by International Oil Companies (IOCs) to indigenous companies.
Edit

NUPRC: $1.28bn Seplat-Mobil Oil Assets Sales Deal to Wind Up in Less Than 14 Days

This Day 03 May 2024
The news came a day after THISDAY reported that NUPRC was trying to speed up the conclusion of regulatory oversight on the ongoing oil assets divestment by International Oil Companies (IOCs).
Edit

NUPRC: $1.28bn Seplat-Mobil Oil Assets Sale Deal to Wind Up in Less Than 14 Days

This Day 03 May 2024
The news came a day after THISDAY reported that NUPRC was trying to speed up the conclusion of regulatory oversight on the ongoing oil assets divestment by International Oil Companies (IOCs).
Edit

Oil and gas firms turning to digital twins for generating actionable insights

Offshore Technology 03 May 2024
Digital twins can effectively simulate the management of oil and gas assets and forecast potential scenarios ... Digital twins can effectively simulate the management of oil and gas assets and forecast potential scenarios.
Edit

ConocoPhillips misses quarterly profit estimates on lower gas prices

Natural Gas World 03 May 2024
oil majors Exxon Mobil and Chevron ... Lance said ConocoPhillips was closely following the auction process of Venezuela-owned refiner Citgo, as it awaits compensation related to expropriations of its oil assets in the country.
Edit

HNR Acquisition Corp Reports Financial Results for Six Weeks as an Operating Company and for ...

ACCESSWIRE 03 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.
Edit

Azule Energy Inks Farm-In Deal with Rhino Resources, Underscoring the Prospectivity of the Orange Basin

Capital Ethiopia 03 May 2024
The deal is a testament to the prospectivity of the basin as well as the high level of international interest in Namibia’s offshore oil and gas opportunities ... The Orange Basin continues to reveal substantial deposits of untapped oil and gas.
Edit

UK will allow fossil fuel companies to explore under offshore wind farm sites

Offshore Technology 03 May 2024
More fossil fuels will only create stranded assets and stranded jobs at a time when demand for oil and gas is falling.” Equinor signs agreement for Wisting and Bay Du Nord offshore projects How ...
Edit

Hubble Network Makes Bluetooth Connection With a Satellite For the First Time

Slashdot 03 May 2024
Aria Alamalhodaei reports via TechCrunch ... Haro said the low-hanging fruit is those industries that are desperate for network coverage even once per day, like remote asset monitoring for the oil and gas industry ... Read more of this story at Slashdot. .
Edit

Stocks to watch next week: BP, Saudi Aramco, Uber, and interest rates

AOL 03 May 2024
In the Middle East, the world’s most profitable company Saudi Aramco will show if oil is still king ... Analysts expect BP's profits to slow due to a lower oil price, weaker refining margins and concerns over its energy transition strategy.
Edit

MultiSensor AI Announces Investor Agreements for the Conversion of $6.555 Million Convertible Debt to Equity

ACCESSWIRE 03 May 2024
MSAI's cloud and edge solutions are deployed by organizations to protect critical assets across a wide range of industries including distribution & logistics, manufacturing, utilities, and oil & gas.
Edit

Paradigm Oil & Gas, Inc. (PDGO) Expands Market Presence with Proposed Strategic Oil and Gas Acquisitions

GetNews 02 May 2024
(PDGO), an OTC listed corporation in the oil and gas industry, has previously announced that a related entity had made a strategic acquisition aimed at bolstering PDGO’s market presence and enhancing its portfolio of assets.
Edit

Nigeria on verge of approving delayed ExxonMobil-Seplat deal

Business Day 02 May 2024
Abuja/Lagos — ExxonMobil’s Nigerian petroleum assets sale to Nigeria’s Seplat could be approved in less than two weeks, the country’s oil regulator said on Thursday.
Edit

NUPRC Moves to Speed Up Approvals for Divesting IOCs, Sets to Raise Oil Production by 700,000bpd

This Day 02 May 2024
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is moving to speed up the conclusion of regulatory oversight on the ongoing oil assets divestment by International Oil Companies (IOCs), THISDAY learnt yesterday.
×