Oil Production News Monitoring

Vice President Shettima Leaves For Dubai

December 13, (THEWILL) – Vice President Kashim Shettima, on Friday, departed Abuja for Dubai, the United Arab Emirates, to represent President Bola Tinubu at the commissioning and naming of a $315 million oil production and storage facility. The facility, …

Argo's October 2024 Oil Production And Update

OPEC+ expands oil production cut until finish of 2026

Argentine Oil Output Is Poised to Oust Colombia From South America’s Top Three

(Bloomberg) — A shale-drilling frenzy in Argentina has put the country on the verge of leapfrogging regional rival Colombia as a top-three crude producer in South America. Article content Drilling activity is accelerating in Argentina’s Vaca Muerta shale …

Seplat Energy Completes Acquisition Of Mpnu

Seplat Energy becomes Nigeria's leading independent energy company Production doubles, combined assets include 11 blocks (onshore and shallow water Nigeria); 48 producing oil and gas fields; 5 gas processing facilities; and 3 export terminals …

Seplat Energy Completes Acquisition Of Mobil Nigeria From ExxonMobil

December 13, (THEWILL) – Seplat Energy Plc has finalized its acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil Corporation, marking a significant milestone in the Nigerian oil and gas sector. The $800 million transaction, initially agreed …

North American Grain/Oilseed Review: Canola, grains go to the downside

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market moved to the downside on Friday to go with comparable oils showing gains and declines. Chicago soyoil and Malaysian palm oil were lower, while European rapeseed sharply rose and crude oil was …

Adeyemi-Bero’s OPEC Appointment A Big Leap For IPPG 

  Uche Cecil Izuora The Independent Petroleum Producers Group (IPPG) has celebrated the historic appointment of Ademola Adeyemi-Bero, one of its founding members, pioneer Chairman, and Trustee, as Chairperson of the Organisation of Petroleum Exporting …

See Seplats Expanded Plan Of Operations After ExxonMobil Acquisition

  Yemisi Izuora Indigenous oil company Seplat has announced the completion its acquisition of ExxonMobil’s onshore and shallow water business after an almost three-year process, in the most high-profile IOC divestment deal to get over the line. Seplat …

Replace fossil fuel subsidies with investments in clean energy

The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com Robert Weissman is the president of Public Citizen. He wrote this for …

Seplat completes acquisition of MPNU from ExxonMobil

Seplat Energy says it has completed the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. In a statement on Thursday, Seplat Energy described the transaction as transformative. Seplat said it will more than double production and …

High Court Hears NEPA Challenge for Proposed $1.5B Crude Oil Railway

U.S. Supreme Court justices heard oral arguments Dec. 10 in a case that when decided next year, could reshape the scope of federal environmental reviews of critical U.S. infrastructure projects.  The case, Seven County Infrastructure Coalition v. Eagle …

Trump says Jan. 6 pardons could come in ‘first 9 minutes’ of 2nd term

[Karah Rucker] PRESIDENT-ELECT DONALD TRUMP WAS NAMED TIME’S “PERSON OF THE YEAR” – AND WE’RE LEARNING MORE ABOUT HIS “DAY ONE” PRIORITIES AFTER THE EXCLUSIVE SIT-DOWN WITH THE MAGAZINE. TRUMP SAYING WITHIN THE FIRST MINUTES OF HIS SECOND TERM – HE INTENDS …

Seplat finalises $800m acquisition of Mobil Unlimited from ExxonMobil

Firm urges end to gas flaring, advocates new approach to community engagement Seplat Energy Plc has completed the $800 million acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil The acquisition positions Seplat as a key player in …

Big bank’s surprise call on cost of living

Westpac says despite the high cost of living, Aussies are still finding a way to pay their mortgage. Outgoing chief executive Peter King told Friday’s annual general meeting the number of customers who remain on hardship payments is falling as mortgage …

Shettima Departs For Dubai To Represent Tinubu At Launch Of Oil Facility

  Vice President Kashim Shettima has departed Abuja on Friday for Dubai, the United Arab Emirates, to represent President Bola Tinubu at the commissioning and naming of a $315 million oil production and storage facility. The facility, a fully Nigerian- …

Number of active U.S. drilling unchanged this week

HOUSTON, Dec. 13 (Xinhua) -- The number of active drilling rigs in the United States stands at 589 this week, unchanged from the previous week but down by 34 from a year ago, according to the weekly data released Friday by Houston-based oilfield services …

The Ethical Investor: What is Project 2025 and how could it impact ESG investors?

Project 2025 pushes conservative US reforms Climate change risks rise under Project 2025 Australia could face trade, security fallout from Project 2025   In recent months, there has been growing global attention in something called Project 2025. Project …

A look at the future of renewable energy amid policy shifts

While the change in administration ushers in a period of uncertainty for the renewable energy industry, the clean energy transition won't stop in its tracks; in fact, some of the developments may prove beneficial for renewable energy deployments. With …

Batteryless Storage Solutions Market to Grow at a 29.6% CAGR, Surpassing US$ 9.2 Bn by 2034

The global batteryless storage solutions market, valued at $540 million in 2023, is projected to grow at a 29.6% CAGR, reaching $9.2 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global batteryless …

Advanced Wind Turbine Blade Materials Market to Reach US$ 9.8 Bn by 2034, Expanding at a 6.3% CAGR

The global advanced wind turbine blade materials market, valued at $5.0 billion in 2023, is projected to grow at a 6.3% CAGR, reaching $9.8 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Paper-based Biofuel Cell Market Forecast: From US$ 300.0 Mn in 2023 to US$ 580.0 Mn by 2034

The global paper-based biofuel cell market, valued at $300 million in 2023, is projected to grow at a 6.3% CAGR, reaching $580 million by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global paper-based biofuel …

Floating Wind Turbines Market Trends: Valued at US$ 4.9 Bn in 2023, Projected to Reach US$ 83.4 Bn by 2034

The global floating wind turbines market, valued at $4.9 billion in 2023, is projected to grow at a 29.4% CAGR, reaching $83.4 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global floating wind …

Smart Bins for Waste Management Market Forecast: From US$ 75.3 Mn in 2023 to US$ 292.4 Mn by 2034

The global smart bins for waste management market, valued at $75.3 million in 2023, is projected to grow at a 13.1% CAGR, reaching $292.4 million by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global smart …

Solar Panel Operation & Maintenance Market Set to Achieve US$ 16.4 Bn by 2034, Growing at a 10.1% CAGR

The global solar panel operation & maintenance market, valued at $5.7 billion in 2023, is projected to grow at a 10.1% CAGR, reaching $16.4 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

SEAPEAK LLC DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS

HAMILTON, BERMUDA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company’s Series A preferred units (NYSE:SEAL PR A) and $0.5313 per unit on the Company’s …

Teflon Heat Exchanger Market Expected to Grow at a 7.7% CAGR, Reaching US$ 2.5 Bn by 2034

The global Teflon heat exchanger market, valued at $1.1 billion in 2023, is expected to grow at a 7.7% CAGR, reaching $2.5 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global Teflon heat exchanger …

Alternative Energy Market Projected to Reach US$ 3.4 Trn by 2034, Growing at a 12.4% CAGR

The global alternative energy market, valued at $940.4 billion in 2023, is projected to grow at a 12.4% CAGR, reaching $3.4 trillion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global alternative energy …

8 Trends Influencing U.S. Freight Railroading In 2025

Consumer confidence, energy pricing & deregulation, among other factors, provide a favorable environment for short-term growth and long-term industry planning MARLTON, NJ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to …

Smart Society Ventures Releases Whitepaper on Decentralized Energy and Grid Technology

GENEVA, SWITZERLAND, December 13, 2024 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV) is proud to announce the release of its latest whitepaper, “Building a Smart Society: Decentralized Energy and the Grid Tech to Power It.” This …

Worry Free Davis Bacon Isssues for Construction Companies Doing Business with the Federal Government

Tax Incentives SCOTTSDALE, AZ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Making sure that every employee receives the prevailing wage on a government construction job may sound easy if the company has 2 or 3 employees. Add in 15 …

Arden Nights 2024: How Music and Evertreen’s Tree-Planting Initiative Transformed Nepal’s Ecosystems

LOS ANGELES, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Evertreen, the platform that makes it easy to plant real trees online, is thrilled to look back on the success of its partnership with Arden Records during Arden Nights 2024. …

Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida

SÃO PAULO, SÃO PAULO, BRAZIL, December 13, 2024 /⁨EINPresswire.com⁩/ -- Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida A contagem regressiva para o Natal já começou, e esta é a época perfeita …

LOBO Systems: A 2025 Revolution in Safe and Cost-Effective Work Platforms

DERBY, DERBYSHIRE, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- As industries strive for greater efficiency and safety in the face of rising costs and tighter schedules, LOBO Systems offers a timely alternative to traditional …

CE-LINK Launches 3000W Portable Power Station Solution for Electric Vehicle Charging

DONGGUAN, CHINA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In recent years, the electric vehicle market has been growing rapidly as the global awareness of green mobility increases. However, the construction of charging infrastructure has not been …

CE-LINK Launches 3000W Portable Power Station Solution for Electric Vehicle Charging

DONGGUAN, CHINA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In recent years, the electric vehicle market has been growing rapidly as the global awareness of green mobility increases. However, the construction of charging infrastructure has not been …

Belgian software company Itineris accelerates expansion in the U.S.

3 contracts signed, including one with the City of Dallas, the ninth largest city in the country. BELGIUM, December 13, 2024 /⁨EINPresswire.com⁩/ -- Ghent, Belgium & Atlanta, U.S. – Itineris, a global leader in innovative SaaS solutions for …

Solar Alliance shareholders approve all resolutions at Annual General Meeting

TORONTO and KNOXVILLE, Tenn., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to …

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans. SYDNEY, AUSTRALIA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In the spirit of giving, Econnex has announced that it is on the mission to # …