Chevron is in talks with Iraq to take over the West Qurna 2 oilfield from Lukoil. This field is huge, making up about 0. 5% of the world's oil supply and nearly 10% of Iraq's output. The U. S. put sanctions on Lukoil because of Russia's actions in Ukraine. These sanctions made it hard for Lukoil to
Baker Hughes, a major player in the oilfield services industry, recently shared its quarterly results. The company saw a notable increase in its adjusted profit, up by 11%. This growth was largely driven by the demand for equipment and services, like gas turbines and compressors, which are crucial f
Kazakhstan's Tengiz oilfield, a major player in global oil production, is facing a significant setback. A recent fire at the GTES-4 power station caused a power supply issue, leading to a temporary shutdown of both the Tengiz and Korolevskoye fields. This halt in production is expected to last anoth
In a dramatic turn of events, Syria's army has taken charge of significant parts of the north, pushing Kurdish forces out of areas they had controlled for over a decade. This move has raised eyebrows and sparked tension, as the Kurds feel betrayed by what they see as a breach of trust. The Syrian g
Deep in the heart of Texas, a toxic legacy lingers in the oilfields of Caldwell County. Hydrogen sulfide, a deadly gas, is being released in alarming levels, threatening the health and wellbeing of those living and working in the area. The gas, often referred to as the "rotten egg" smell, is a bypro
