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Exxon Mobil’s Total Reserves Fall after COVID-19 Oil Price Drop
Total reserves for all products fell to 15.2 billion barrels at the end of 2020.
Petrobras Gets Single Offer from SBM for Mero 4 Oil Platform
Petrobras’ business plan foresees Mero 4 entering operation in 2025 with a capacity to produce 180,000 barrels of oil a day.
Malaysia’s Petronas Discovers Oil at Indonesia’s Hidayah-1 Exploration Well
The well tested at about 2,100 barrels of oil per day with good crude quality, Petronas said in a statement.