Onshore Press Releases

With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui & Co. will come as a relief to Petroleos Mexicanos.Pemex is a few months away from closing an agreement for…
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…
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