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A service for energy industry professionals · Thursday, June 5, 2025 · 819,191,563 Articles · 3+ Million Readers
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ExxonMobil Offshore Oil News Monitoring

  • Published on Jun 4, 2025

    Local suppliers benefit from over $170B in work from ExxonMobil –during 2024

    EXXONMOBIL Guyana and its contractors have set a new benchmark for local economic impact, injecting over GY$170 billion into the economy through Guyanese suppliers in 2024 alone, according to its latest annual report. This massive injection according to …

    Source: Guyana Chronicle - Pro-Government
  • Published on Jun 4, 2025

    ExxonMobil Guyana may possibly pay higher risk insurance due to Venezuelan military incursion

    Last Updated on Tuesday, 3 June 2025, 21:41 by Denis Chabrol The Venezuelan military patrol vessel at extreme right of one of the oil production vessels in the Stabroek Block ExxonMobil Guyana, which is GY$700 billion “in the red”, might have to fork out …

    Source: Demerara Waves - Neutral
  • Published on Jun 3, 2025

    Azerbaijan’s SOCAR inks oil exploration deals with ExxonMobil and BP

    The State Oil Company of Azerbaijan Republic (SOCAR) has reportedly signed new agreements with Exxon Mobil and bp for oil and gas exploration in the country. This collaboration aims to sustain Azerbaijan's oil output, which is projected to remain at …

    Source: Yahoo Finance - Center-left
  • Published on 02:08 GMT

    Stop work order issued over efforts to restart oil pipline on Gaviota coast which ruptured in 2015

    There’s a major development in the fight to restart the Santa Barbara County oil pipeline, which ruptured in 2015, causing a 140,000-gallon oil spill. A judge issued a temporary restraining order Tuesday to suspend Sable Offshore Corporation’s effort to …

    Source: KCLU - California - Public Broadcaster
  • Published on Jun 2, 2025

    Exxon Signs Agreement With Azeri SOCAR to Explore Oil Production

    Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields, according to three sources. Azerbaijan's …

    Source: World Energy News - Connecticut - Pending
  • Published on Jun 4, 2025

    Greening State Capitalism in an Era of Climate Change and Great Power Competition

    Greening state capitalism will become increasingly necessary as global competition and the world both continue to heat up. Governments and their national (i.e., state-owned) oil companies (NOCs), which claim up to an estimated ninety percent of the world’s …

    Source: The National Interest - Washington D.C. - Right-wing
  • Published on Jun 3, 2025

    Robert Sulnick: With Oil Ban, Santa Barbara County Shows Way for National Movement

    On May 13, Santa Barbara County provided an example of how to fight climate change by voting to ban new oil and gas drilling and phase out existing oil and gas operations locally. The significance of this can’t be overstated. Santa Barbara County is oil …

    Source: Noozhawk - California - Pending
  • Published on Jun 3, 2025

    Former County Supervisor David M. Yager of Santa Barbara, 1930-2025

    David M. Yager, former Santa Barbara County First District Supervisor, has died at the age of 94. David was the first baby born in what was then the Fleischmann Wing of Cottage Hospital, on July 15, 1930 to Jesse and Helen Yager. David attended the …

    Source: Noozhawk - California - Pending
  • Published on Jun 2, 2025

    IOCs stage major comeback into onshore exploration

    ...as  stability returns to Nigeria’s oil and gas production After a decade-long absence, International Oil Companies (IOCs) are once again staging a return to Nigeria’s volatile but highly lucrative oil and gas sector, Business Hallmark can report. The …

    Source: Business Hallmark - Neutral
  • Published on Jun 2, 2025

    TotalEnergies Exits Bonga Field in Nigeria

    TotalEnergies SE has signed a deal to sell its 12.5 percent stake in Nigeria’s OML118 production sharing contract, which contains the producing Bonga field, to Shell PLC for $510 million. The French company, through subsidiary TotalEnergies EP Nigeria Ltd …

    Source: Rigzone - Neutral
  • Published on Jun 1, 2025

    OPINION: Education and training at the leading edge of Guyana’s development

    Last Updated on Sunday, 1 June 2025, 15:49 by Writer By Dr. Randy Persaud, Professor Emeritus & Adviser, Office of the President Upward social mobility is an integral aspect of human development. In societies such as Guyana, the surest way to ascend …

    Source: Demerara Waves - Neutral
  • Published on Jun 1, 2025

    Second energy boss slams Victoria’s gas policy after North Korea comparison

    Another CEO of a major Australian energy company has torn into the Victorian government’s gas policy after the state was compared to North Korea last week. Victoria’s handling of gas development and the state government’s attitude towards investment came …

    Source: Sky News Australia - Right-wing
  • Published on Jun 1, 2025

    Shell Deepens Roots in Nigeria with $510M Bonga Oil Field Deal

    Shell has agreed to purchase TotalEnergies’ 12.5% stake in Nigeria’s Bonga offshore oil field for $510 million, boosting its own share to 67.5%. The transaction marks TotalEnergies’ strategic exit from a production-sharing deal signed with Nigeria in 2021, …

    Source: Africa.com - Center-left
  • Published on May 30, 2025

    Shell Boosts Offshore Assets with $510 Million Bonga Field Deal

    Shell Nigeria Exploration and Production Company Limited (SNEPCo) took a giant stride towards cementing its hold on Nigeria’s deepwater oil sector with the $510 million high-cost acquisition of a Shell Nigeria 12.5 percent stake in Oil Mining Lease 118 ( …

    Source: The News Chronicle - Neutral
  • Published on May 30, 2025

    X-raying Tinubu’s 2 years’ foreign policy

    Foreign Affairs analysts have expressed the view that Nigeria’s foreign policy under President Bola Tinubu since his assumption of office on May 29, 2023, has been a mixed bag of the old and the new. It has been a continuity of the nation’s traditional …

    Source: Blueprint Newspapers Limited - Pending
  • Published on May 30, 2025

    TotalEnergies sells stake in Bonga Field for $500m to SNEPCo

    TotalEnergies yesterday announced that its subsidiary TotalEnergies EP Nigeria (TEPNG) has signed an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for the sale of its non-operated 12.5% interest in the OML118 Production …

    Source: Daily Trust - Indeterminate
  • Published on May 29, 2025

    State Regulator warns Sable Offshore that claims that oil production is underway may have violated lease terms

    SANTA BARBARA COUNTY, Calif. – The California State Lands Commission sent a letter on May 23 of this year to Sable Offshore warning the Houston-based energy company that its claims to have restarted commercial oil production and lack of communication …

    Source: KEYT - California - Neutral
  • Published on May 29, 2025

    Glacier gone

    2025-05-26 ‘A THREAT’: Guyanese President Irfan Ali called on Venezuela to follow international court rulings over the region, whose border Guyana says was ratified back in 1899 Misael Zapara said he would vote in Venezuela’s first elections yesterday for …

    Source: Taipei Times - Neutral
  • Published on May 28, 2025

    Suriname’s Oil, Election, and Geopolitical Stakes

    Suriname’s oil future looms large as the nation faces a political transition and rising foreign interest in its oil reserves. Suriname is a small country located on the northeastern shoulder of South America. A former Dutch colony with a population of less …

    Source: The National Interest - Washington D.C. - Right-wing
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