Business news

In 2019, for the first time since 1957, energy production exceeded energy consumption in the US on an annual basis, according to the EIA’s Monthly Energy Review.

In a recent research report, the company identified non-core midstream assets that companies are likely evaluating as part of their evolving strategic plans.

It is consistent with the 1Q20 dividend and is a 5.3% increase from the company’s 2Q19 quarterly dividend.

The company has announced that it has completed its 10 million bbl crude oil expansions at its Texas facilities.

EIA has analysed how low liquidity and limited available storage pushed WTI crude oil futures prices below zero.

The Group achieved the UKAS certification to the ISO/IEC 17020 standard for its onshore and offshore inspection activities.

BP has confirmed its commitment to completing the sale of its Alaska (US) business to Hilcorp, first announced in August 2019.

Stress Engineering Services, Inc. and RPS have developed a sustainability scorecard to assess emissions, carbon footprint and environmental impacts.

Japanese company Cosmo Oil Co. Ltd has rolled out new solutions to help it more efficiently procure indirect materials

Shareholders have approved a feasibility study to separate the company’s upstream and midstream businesses in a demerger.

The measures are designed to enhance the company’s financial flexibility and provide access to additional resources.

The settlement is designed to facilitate the cost-effective transportation of natural gas from the WCSB to key North American demand centres.

The company has announced a cash distribution and its plans to maintain its quarterly distribution.

Total acquires Tullow’s entire interests in the Uganda Lake Albert project, including EACOP.

The companies have successfully completed a live seabed-to-shore data harvesting mission using an unmanned surface vessel for A/S Norske Shell.