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2023-07-26 08:26:15 ET TotalEnergies ( NYSE: TTE ) said Wednesday it has started commercial drilling at its Tilenga petroleum project in Uganda, ahead of an expected start of oil production in the country in 2025. TotalEnergies ( TTE ) and its partner, China's Cnooc ( ...
2023-07-05 17:25:30 ET Guyana's environmental regulator said Wednesday it granted approval to the consortium led by Exxon Mobil ( NYSE: XOM ) to drill 35 new exploration and appraisal wells through 2028 in the Stabroek offshore block. The group, which also includes Hess ( ...
2023-06-21 10:15:17 ET Exxon Mobil ( NYSE: XOM ) and Guyana are in talks over which unexplored offshore areas will be returned to the government, Reuters reported Wednesday. The Exxon-led ( XOM ) consortium including Hess ( HES ) and China's Cnooc ( OTCPK:CEOHF ) tha...
2023-06-08 15:22:47 ET A Guyana Appellate Court judge has temporarily stayed a lower court's order requiring Exxon Mobil ( NYSE: XOM ) its and partners in the Stabroek offshore oil field to provide an unlimited guarantee to cover potential oil spills, Reuters reported Thursday. ...
2023-05-25 11:33:18 ET The Exxon Mobil-led ( NYSE: XOM ) consortium operating offshore Guyana earned $5.8B last year, Reuters reported Thursday, citing audited results filed in an appeal of a court ruling that found the group in breach of insurance obligations. The filing is the...
2023-05-01 06:17:56 ET Summary Hess Corporation is an attractive capital appreciation opportunity due to its exposure to Guyana's emerging upstream oil industry. Management is shareholder-friendly and intends to return up to 75% of Hess' free cash flow over the medium-term back to...
2023-03-22 16:00:38 ET Summary The Guyana partnership will give up roughly 1.32 million acres as the agreement with Guyana states. The partners will, of course, keep the priority acreage. The original acreage is 6.6 million acres, which is equivalent to roughly 1150 Gulf of Me...
Summary If you assume all my MOEX stocks are worth 0, I am down 34%. If you take the MOEX stocks at their current value, I am down c10%. I also have various GDRs and a reasonable weight in JEMA – formerly JP Morgan Russian. So if all Russian stocks are a 0, you can probably knock...
Summary The Norway Petroleum Directorate reported that production rebounded from June to July to 1,664 kb/d and then rose to 1,773 kb/d in August. Guyana added an additional 30 kb/d of production in August to reach a new high of 390 kb/d. On September 23, 2022, WTI settled bel...
CNOOC Limited press release ( OTCPK:CEOHF ): 1H GAAP EPS of RMB1.57. Revenue of RMB176.68B (+75.6% Y/Y). For further details see: CNOOC Limited GAAP EPS of RMB1.57, revenue of RMB176.68B