Onshore Press Releases

LUKOIL has completed construction of the sixth well, a water injector, at Vladimir Filanovsky field in the Caspian Sea and started to drill the seventh, a horizontal one, also a water injector. The first five wells, completed earlier, are producers. At the same time, the company is mounting the topside…
BP advances its commitment in support of a lower carbon future: the project portfolio has the total capacity to reduce up to 2.5 million tonnes of CO2 equivalent per year and improve the livelihoods of more than 2 million people. BP Target Neutral, BP’s voluntary carbon offsetting programme, is celebrating…
The University of Wisconsin-Madison and ExxonMobil have announced a two-year renewal of an agreement to research the fundamental chemistry of converting biomass into transportation fuels. The research is part of a broad effort to identify scalable and commercially viable solutions to help meet increasing global energy demand with a renewable…
The oil and gas industry has always been seen as conservative and resistant to change but due to the recent drop in the oil prices, both the upstream and downstream companies are looking now at innovative ways to reduce CAPEX and increase production and safety to achieve operational excellence. The…
Exxon Mobil Corp is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the American energy revolution, Darren Woods, chairman and chief executive officer, said Monday. The projects, at 11 proposed and existing sites, are expected…
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