OGCI sets first collective methane target

The Oil & Gas Climate Initiative (OGCI) set a target to reduce by 2025 the collective average methane intensity of its aggregated upstream gas and oil operations by one-fifth to below 0.25%, with the ambition…

Marathon, Andeavor shareholders approve merger

Shareholders of both Marathon Petroleum Corp. and US independent Andeavor, formerly Tesoro Corp., have voted to approve the combination of the two companies to create the largest US refiner by capacity and one of the…

Valeura plans Yamalik appraisal in Turkey

Valeura Energy Inc., Calgary, soon will spud Inanli-1, the first of three appraisal wells planned for its Yamalik-1 discovery in Northwest Turkey, newly recompleted for the start of a long-term production test.

Total makes gas discovery offshore UK

Total SA made a natural gas discovery on the Glendronach prospect offshore UK West of Shetland that it believes can be commercialized quickly and at low cost by leveraging the existing Laggan-Tormore infrastructure.