ExxonMobil to triple Permian production by 2025

ExxonMobil Corp. plans to triple total daily production from its Permian basin operations by 2025 and invest $2 billion in terminal and transportation expansions to support the operations, spurred by changes to the US corporate tax rate and increased low-cost supply. Source: News


C-NLOPB lifts suspension of Husky Energy’s SeaRose operations

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) reported Jan. 26 that it has lifted the notice to suspend operations for the SeaRose floating production, storage, and offloading vessel and associated facilities. Source: News