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Wellington Dhumira

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EXPLORATION

shelloffshore.jpeg Shell adds another deep-water discovery in the Perdido Corridor of the U.S. Gulf of Mexico

Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, announced a material discovery at the Blacktip North prospect in the U.S. Gulf of Mexico. The Blacktip North...
Wellington Dhumira -
Uncategorized

Oil rises above $78 on optimism about 2022 outlook

Reuters) Oil rose above $78 a barrel on Monday, supported by tight supply and hopes of a further demand recovery in 2022, despite OPEC+...
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EXPLORATION

Column: Shrunken U.S. oil inventories point to chronic under-supply: Kemp

U.S. petroleum inventories have continued to slide over the last month and are well below their normal seasonal levels, which has helped push oil...
Wellington Dhumira -
EXPLORATION

shale.jpeg Exxon plans to raise shale output in Permian by 25% this year

(Reuters) ExxonMobil said it plans to raise production volumes in the largest U.S. shale basin by 25% this year on top of a similar...
Wellington Dhumira -
DRILLING AND PRODUCTION

Oil benchmarks on course for biggest weekly losses in 2 years

Oil prices dipped in and out of negative territory on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to...
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EXPLORATION

DOE announces sales, Strategic Petroleum Reserve

The U.S. Department of Energy (DOE) announced that contracts have been awarded for 30 million barrels from the Strategic Petroleum Reserve (SPR) that was...
Wellington Dhumira -
EXPLORATION

U.S. scraps three offshore oil and gas drilling auctions

Reuters) - The Biden administration said it would scrap three planned sales of offshore oil and gas leases in Alaska and the Gulf of Mexico. In...
Wellington Dhumira -
POWER GENERATION

NuScale gets a boost in project investment to over $220MM

NuScale Power, LLC, the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor technology, and Spring Valley Acquisition Corp., a publicly traded special...
Wellington Dhumira -
POWER GENERATION

BASF Freeport BASF and X-ELIO sign power purchase agreement to supply Freeport site with renewable energy

BASF and X-ELIO have signed a 12-year Power Purchase Agreement (PPA) to supply 48 megawatts (MW) of solar power to BASF’s Verbund site in...
Wellington Dhumira -
POWER GENERATION

DOE approves $150 million to INL nuclear improvements

The U.S. Department of Energy (DOE), announced $150 million in funding provided by President Biden’s Inflation Reduction Act for infrastructure improvements at DOE’s Idaho National...
Wellington Dhumira -

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