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LLOG Exploration Announces First Production from Spruance Field in Deepwater GoM
2022-06-28 - LLOG Exploration Co. announced the first oil produced from its deepwater Gulf of Mexico Spruance Field, with 16,000 bbl/d of oil, as well as 13 MMcf/d of gas.
West White Rose to Bloom Again After East Coast Oil Project Revived
2022-06-01 - Cenovus Energy and its partners are set to restart the West White Rose project off the Atlantic coast of Canada that had been shelved during the COVID-19 pandemic.
Ecopetrol, Occidental Petroleum to Jointly Develop Offshore Oil Blocks
2022-05-19 - Ecopetrol will take a 40% stake in the blocks while Occidental Petroleum subsidiary Anadarko Colombia Co. will have a 60% stake and will serve as the blocks’ operator, Ecopetrol said.
Israel Rejects Lebanese Accusation About Gas Field, Says Conflict Unlikely
2022-06-06 - Lebanon on June 5 warned against any activity in the disputed area, responding to the arrival of a vessel operated by London-based Energean to produce gas for Israel.
Why OPEC’s Higher Output Pledge Won’t Bring Down Pump Prices
2022-06-07 - The group of major oil producers has announced a planned production increase, but significant challenges remain.