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Oil & Gas

US fines ExxonMobil for violating Russian sanctions Petrochemical giant ExxonMobil has been slapped with a fine of $2m by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on grounds of violating sanctions on Russia in the year 2014. Oil & Gas > Refining & Petrochemicals > News

Latest Oil & Gas News by Sector

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Drilling and Production

Harren & Partner to buy SAL Heavy Lift
By EBR Staff Writer
Germany-based shipping company Harren & Partner has agreed to acquire SAL Heavy Lift for an undisclosed price from Tokyo-based "K" Line Group.
Oil & Gas > Drilling & Production > News
Gazprom Neft commences production at Otdalennaya fields
By EBR Staff Writer
Russian oil firm Gazprom Neft has commenced production at the Otdalennaya group of fields located in the Yamalo-Nenets Autonomous Okrug.
Oil & Gas > Drilling & Production > News

Exploration & Development

ExxonMobil discovers additional oil in Guyanese offshore field
By EBR Staff Writer
Petrochemical giant ExxonMobil has discovered additional oil reserves in an offshore Guyanese field, raising the estimate of its Payara discovery to nearly 500 million oil-equivalent barrels.
Oil & Gas > Exploration & Development > News
UK launches 30th licensing round for offshore oil and gas drilling
The UK Oil and Gas Authority (OGA) has launched the 30th licensing round for offshore oil and gas exploration in the UK Continental Shelf (UKCS).
Oil & Gas > Exploration & Development > News

Refining & Petrochemicals

TPG closes acquisition of US-based Discovery Midstream
By EBR Staff Writer
TPG Growth has completed its acquisition of Dallas-based, full-service midstream provider Discovery Midstream.
Oil & Gas > Refining & Petrochemicals > News
Beach Energy announces Birkhead oil discovery in Cooper Basin
Beach Energy has announced a Birkhead oil discovery on the Western Flank of the Cooper Basin.
Oil & Gas > Exploration & Development > News

Transportation & Storage

Edison to sell ITG pipeline and stake in Adriatic LNG to Snam
By EBR Staff Writer
Snam has agreed to acquire Infrastrutture Trasporto Gas (ITG) along with a 7.3% stake in the offshore Terminale GNL Adriatico (Adriatic LNG) terminal from Edison in Italy for a total price of approximately €225m.
Oil & Gas > Transportation & Storage > News
Black & Veatch wins EPC contract for Swan’s FLNG project in India
By EBR Staff Writer
Black & Veatch has bagged the engineering, procurement and construction (EPC) contract for a floating liquefied natural gas (FLNG) project in India from Swan LNG.
Oil & Gas > Transportation & Storage > News