Shell Offshore Inc. has added to its Paleogene exploration success in the Perdido area in the deepwater US Gulf of Mexico with a discovery in its Whale well. The well encountered 1,400 net ft of oil-bearing pay, Shell said. Source: News

PJSC UkrGasVydobuvannya has let a contract to Honeywell UOP to provide hydrotreating catalyst for production of ultralow-sulfur diesel fuel at its Shebelynka gas, condensate, and oil processing department’s 500,000 tonne/year processing plant at Andreyevka in eastern Ukraine’s Kharkov region.   Source: News

Light, sweet crude oil for March delivery on the New York market tumbled to settle below $65/bbl on Jan. 30 as US production inches closer to historic levels. Source: News

US President Donald Trump asked Congress in his 2018 State of the Union address to generate legislation that will produce at least $1.5 trillion to rebuild crumbling US infrastructure. “Any bill must also streamline the permitting and approval process, getting it down to no more than 2 years, and perhaps even one,” Trump added during […]

Following its successful 13-well drilling campaign last summer, Wintershall Holding GMBH is expanding production in the western part of Germany’s largest existing onshore oil field. The wells are connected to the Cretaceous Bentheim sandstone, which lies at a depth of 700-900 m. To date, the operator has invested a total €30 million. Source: News