Key Takeaways Petrobras will return the ES-M-596 block in the Espirito Santo basin to the regulator ANP.Multiple wells drilled since 2018 have failed to show commercial viability for development.Petrobras still holds three other Espirito Santo blocks, including ES-M-669, under evaluation.Petrobras (PBR) , the Brazilian integrated oil and gas company, is set to return the ultra-deepwater block ES-M-596 located in the Espírito Santo basin to the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”), ...

ExxonMobil has taken the final investment decision (FID) on the Hammerhead project, the seventh development on Guyana's Stabroek block, following regulatory clearances. The Stabroek block is operated by ExxonMobil Guyana, which holds a 45% interest. Hess Guyana Exploration and CNOOC Petroleum Guyana have 30% and 25% stakes in the block, respectively. The $6.8bn Hammerhead project is expected to commence operations in 2029. The project will use a floating production storage and offloading (FPSO) vessel ...

Key Takeaways ExxonMobil reached FID on Hammerhead, its seventh offshore project in Guyana's Stabroek Block.The $6.8B development includes 18 wells and an FPSO with 150,000 barrels per day capacity.XOM targets 1.7M boe/d from Guyana by decade's end, with current output near 650,000 boe/d.ExxonMobil Corporation (XOM) , a U.S.-based energy major, has taken the final investment decision for the Hammerhead project, its seventh offshore development in the Stabroek Block. The Stabroek Block, offshore Guyana, is o ...

Kuwait's crude oil production capacity has reached 3.2 million barrels per day (mbbl/d), according to the country’s Oil Minister Tariq Al-Roumi. In an interview with Kuwaiti newspaper Al Qabas, the minister said that this marks the highest level in more than a decade, following a peak of 3.3mbbl/d in 2010 before output capacity fell below 3mbbl/d, reported Reuters. Kuwait plans to increase its oil production to 2.56mbbl/d from October this year under the Organisation of the Petroleum Exporting Countries ...

By John Lee.Genel Energy and DNO have issued statements relating to recent media reports of an agreement on the export of oil from Iraqi Kurdistan via the Iraq-Turkey Pipeline to the port of Ceyhan.DNO, the largest operator in the Kurdistan Region, said it is eager to resume exports but "pursuant to agreements that ensure payment surety for both past arrears and future exports."Noting the DNO statement, its joint venture partner Genel Energy, welcomed the progress made to date.No official statement of an ag ...

Santos, an Australian oil and gas company, has announced that the BW Opal floating production, storage and offloading (FPSO) vessel has received its first gas from the $4.5bn (A$6.83bn) Barossa LNG project offshore northern Australia. The floating unit serves as the central production hub for the Barossa project. The news comes after the BW Opal reached its ready-for-start-up (RFSU) status on 16 September and gas began to flow from the subsea wells last week. The BW Opal FPSO is set to be permanently st ...

Oslo, 23 September 2025 - DNO ASA, the Norwegian oil and gas operator, today announced that it welcomes the reports that agreements have been reached between the Federal Government of Iraq, the Kurdistan Regional Government and a group of international oil companies to resume exports of crude oil produced in Kurdistan through the Iraq-Türkiye Pipeline. DNO has consistently stated that it is eager to resume exports but pursuant to agreements that ensure payment surety for both past arrears and future exports ...

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The arbitrage window for U.S. crude sold in Asia is shrinking amid higher tanker rates and a climbing WTI price, Reuters has reported, citing traders. The publication cited LSEG data showing that Very Large Crude Carrier rates jumped to 12.5 million last week, which was the highest since March 2023. The rate increase resulted from increased demand for U.S. crude from Asian buyers that emerged during the summer. Since then, rates have eased somewhat to $12 million but remain elevated enough to sap appetite ...

9月23日原油系期货价格行情 | 合约名称 | 开盘价 | 昨收价 | 昨结价 | | --- | --- | --- | --- | | SC原油 | 476.60 | 483.00 | 484.20 | | 燃料油 | 2745.00 | 2784.00 | 2778.00 | | 沥青 | 3375.00 | 3401.00 | 3414.00 | | 液化石油气 | 4258.00 | 4274.00 | 4293.00 | | 低硫燃料油 | 3330.00 | 3382.00 | 3373.00 | 9月22日，商品仓单数据显示： 9月23日，国内期市原油系板块全线走低，原油主力跌逾2%。具体来看，截止目前，原油主力下跌 2.58%，报471.70元/桶；燃料油主力下跌0.97%，报2751.00元/吨；沥青主力下跌1.41%，报3366.00元/ 吨；液化石油气主力下跌1.49%，报4229.00元/吨。 中质含硫原油期货仓单5401000桶，环比上个交易日持平； 燃料油期货仓单127140吨，环比上个交易日持平； 石油沥青期货仓库仓单18940吨，环比上个交易日减少4300吨；石油沥青期货厂库 ...