United Oil & Gas has entered an option agreement to acquire 20% of the Block B production-sharing contract in Benin from Elephant Oil. The 1.1 million-acre block is in the Dahomey Embayment west of Cotonou. The basin has had no drilling in Benin, but Dahomey Embayment wells along the coasts of Ghana and Nigeria have encountered […]

Indian Oil Corp. has let multiple contracts totaling $12 million to Emerson Electric Co. to provide services related to a major modernization and upgrade of operations and emissions programs to increase operational efficiency, reduce emissions, and expand production of cleaner fuels at several of its refineries to ensure compliance with India’s looming more-stringent environmental standards. […]

Phu My Plastics Production JSC has let a contract to Honeywell UOP LLC to provide process technology for a grassroots propane dehydrogenation (PDH) unit at its operations in Ba Ria, Vung Tau Province, Vietnam. Source: News

US House Natural Resources Committee Chairman Raul M. Grijalva (D-Ariz.) and Energy and Minerals Subcommittee Chairman Alan Lowenthal asked acting US Interior Sec. David Bernhardt for information about the US Bureau of Land Management’s safety and environmental regulation enforcement efforts. Source: News

Benchmark crude oil prices gained on markets in both London and New York Mar. 11 after Saudi Energy Minister Khalid al-Falih said production cuts led by OPEC likely will continue until at least June. Speaking before the start of CERAWeek by IHS Markit in Houston, al-Falih told Reuters Mar. 11 that it would be too early […]

Qatar Petroleum has reached an agreement with Eni SPA to farm in to Block A5A in the Angoche basin offshore Mozambique. Saad Sherida Al-Kaabi, minister of state for energy affairs and QP president and chief executive officer, said the deal is part of a strategy to expand the company’s exploration portfolio “to ensure diversification of […]

The National Oceanic and Atmospheric Administration announced that it is proposing possible changes in the Coastal Zone Management Act aimed at making the federal consistency process more efficient across all stages of US Outer Continental Shelf oil and gas projects from leasing through development. Source: News

Mexico’s commercial crude oil production began in 1901. The government agency that Luis R. Vera Morales began to lead soon after President Andres Manuel Lopez Obrador was inaugurated this past December has existed for about 4 years. Source: News

Both ExxonMobil Corp. and Chevron Corp. separately reported plans last week to increase oil and gas production from their respective operations in the Permian basin. Source: News

For the political left, the oil and gas business has long served as a foil. The industry is huge, mechanically complex, and mysterious to outsiders. It sometimes blunders with messy consequence. It therefore remains a bright target for political opportunism. Source: News