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French and US companies to invest $10 billion to extract oil off Suriname’s coast
Officials say that France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a historic investment for the South American country.
France's TotalEnergies and U.S. hydrocarbon company APA Corp. say they'll invest $10 billion to extract oil off Suriname
France's TotalEnergies and U.S. hydrocarbon company APA Corp. say they'll invest $10 billion to extract oil off Suriname
TotalEnergies to Invest $10.5 Billion in Suriname Oil Project
French energy major TotalEnergies said it would invest $10.5 billion in a large offshore oil-and-gas field in Suriname, in what would be the South American country’s first offshore hydrocarbon development.
France's TotalEnergies to invest billions in Suriname oil project
French energy and petroleum company TotalEnergies will invest $10 billion in a project to extract oil off the coast of Suriname, officials announced on Tuesday. From 2028, 220,000 barrels of oil will be produced daily 150 kilometres off the coast of the South American country,
1d
US oil demand grew to highest seasonal level since 2019 in July, EIA data shows
U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for the second time in three ...
19h
Saudi Strategic Shift Raises Specter Of Another Oil Bust
Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...
Hosted on MSN
4d
Oil expert issues major prediction on price of oil in 2025 as OPEC ‘fights back’ against American production
An oil and gas expert has given his prediction to GB News on the price of oil going into 2025 as the Organisation of the ...
4d
About 24% of oil production shut in US Gulf of Mexico due to Hurricane Helene
About 24% of crude oil production and 18% of natural gas output in the U.S. Gulf of Mexico was shut in response to Hurricane ...
2h
Oil prices surge following Iranian missile attack on Israel
Crude prices spiked due to concerns over a potential major production disruption following Iran's missile attack on Israel.
12h
Oil prices surge as Iran missile attack prompts supply fears
Oil prices surged on Tuesday after Iran fired a barrage of missiles at Israel, inching the Middle East closer to a full-scale ...
Upstream
1d
Here’s how much US oil majors paid foreign governments in 2023 for extraction
The four largest producers in the
US
by revenue sent nearly
US
$50 billion combined to foreign governments in the form of ...
5d
on MSN
Why oil prices have plunged 3% today
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
14h
Oil prices spike as the world awaits Israeli response to Iranian missile attack
There were no reports of attacks on oil production or export facilities, but experts say expanding hostilities in the region ...
1d
Devon Energy acquires Grayson Mill’s US assets for $5bn
The acquired assets are expected to sustain a production level of around 100,000 barrels of oil equivalent per day (boepd) by ...
RTE Online
1h
Oil jumps over $1 due to rising Middle East concerns
Oil prices jumped by over a dollar today due to rising concerns Middle East tensions could escalate, potentially disrupting ...
1d
on MSN
FTC Warns of Oil-Patch Collusion. Energy Executives See Political Smear.
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
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Hurricane Helene
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