Tagged Crude Oil

New pipeline transports first oil from Shell’s Appomattox

Rate this article By Offshore Energy Today.. Systems owned by Proteus Oil Pipeline Company and Endymion Oil Pipeline Company increased volumes of crude oil from the startup of the Shell-operated Appomattox floating production system via the… … Read Full Article Here For more great articles: Offshore Energy Today

Petrobras books smaller profit as output declines

Rate this article By Offshore Energy Today.. Hit by lower crude oil prices, Brazilian state-owned oil and gas giant Petrobras recorded a smaller profit in the first quarter of 2019 when compared to the same period last year amid production… … Read Full Article Here For more great articles: Offshore Energy Today

Hess posts profit driven by higher crude oil production

Rate this article By Offshore Energy Today.. Hess Corporation booked a profit for the first quarter of the year as opposed to a loss in the same period last year driven by higher production from the Gulf of Mexico, Bakken, and North Malay Basin. … Read Full Article Here For more great articles: Offshore Energy…

Hess cuts losses in fourth quarter 2018

Rate this article By Offshore Energy Today.. U.S. oil company Hess reduced its net loss for the fourth quarter 2018 compared to the prior-year period on the back of exploration and production business and higher crude oil and gas prices. Hess… … Read Full Article Here For more great articles: Offshore Energy Today

Wintershall CEO: Europe’s ports need LNG fueling stations

Rate this article By LNG World News Germany’s largest natural gas and crude oil producer Wintershall, a unit of BASF, is advocating greater use of liquefied natural gas (LNG) in maritime shipping. “Europe’s ports need LNG fueling stations,” Wintershall’s Chief Executive Officer Mario Mehren said in a recent meeting with Hamburg’s First Mayor Peter Tschentscher,…