Exxon’s Guyana Oil Discovery May Be 12 Times Larger Than Economy
(Bloomberg) — An Exxon Mobil Corp. discovery in the Atlantic Ocean off Guyana may hold oil and natural gas riches 12 times more valuable than... Read More
Environmentalists want California to stop offshore hydraulic fracturing
LOS ANGELES (AP) — Environmentalists Tuesday called on Gov. Jerry Brown to halt plans for months of hydraulic fracturing in the waters off Southern California, warning that... Read More
FMC Technologies awarded $297 million subsea production system contract
June 23, 2015 By PennEnergy Editorial Staff Source: FMC Technologies, Inc. FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from BP Exploration (Shah Deniz) Ltd. to... Read More
State approves Shell’s plan for US Appalachian ethylene plant
HOUSTON, June 23 06/23/2015 By Robert Brelsford OGJ Downstream Technology Editor Pennsylvania’s Department of Environmental Protection (DEP) has approved a permit allowing Royal Dutch Shell PLCsubsidiary... Read More
IEA: Global oil demand rising on economic recovery, lower oil prices
HOUSTON, June 11 06/11/2015 By OGJ editors According to the International Energy Agency’s most recent Oil Market Report, global oil demand averaged 93.3 million b/d in this... Read More