Exxon Set to Exit Equatorial Guinea
Exxon is leaving Equatorial Guinea after three decades in the country, part of the company’s strategy to focus on low-cost and fast-growth locations.
Source: oilprice.com
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Exxon set to exit Equatorial Guinea - Oil & Gas 360
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Source: oilandgas360.com
ExxonMobil to end oil drilling in Equatorial Guinea after nearly three decades
Exxon’s key asset is the Zafiro field, which produced more than 1 Bbbl over more than 20 years. In 2022, Exxon announced plans to retire the field’s platform after it was shut down due to a safety incident.
Source: worldoil.com
Exxon Mobil to Exit Equatorial Guinea After Nearly Three Decades
(Bloomberg) -- Exxon Mobil Corp. plans to leave Equatorial Guinea within months, marking an end to almost three decades of oil drilling that transformed the small West African nation into an OPEC member. Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimBonds Fall After $25 Billion Sale as Stocks Churn: Markets WrapEinhorn Sa
Source: yahoo.com
Appalachian Gas Companies Launch Collective Effort to Rein In Methane
The Appalachian Methane Initiative has a trio of firms collaborating on methane emission monitoring and reduction, an effort that might remove obstacles to permitting and investment in pipeline infrastructure.
Source: energyintel.com