Anadarko Signs Long-Term Deal With CNOOC For Mozambique Gas

Anadarko Petroleum Corp said on Feb. 1 a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply LNG from Mozambique.

BP To Support Investor Group’s Call For Greater Reporting Around Paris Goals

BP said Feb. 1 that it will support a call from a group of institutional investors for the company to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement.

EIA: US Crude Production In November Rose To 11.9 Million bbl/d

U.S. crude oil production rose to a new high of 11.9 million barrels per day (MMbbl/d) in November, up 345,000 bbl/d from the previous month, the U.S. Energy Information Administration said in a monthly report on Jan. 31.

Chesapeake Energy Closes Nearly $4 Billion Acquisition Of Eagle Ford Producer WildHorse

Chesapeake Energy completed its acquisition of WildHorse Resource Development Corp. on Feb. 1, creating an Eagle Ford oil producing powerhouse.

Eni Keeps Foot On The Gas In High-Speed Gulf Drive

In less than 12 months Eni (NYSE: E) CEO Claudio Descalzi has turned the Middle East from a sideshow to a strategic hub for the Italian energy major. And the shift is not over.

SSE To Sell Stake In Stronelairg, Dunmaglass Wind Farms In Scotland

The move is part of SSE’s wider strategy to focus on its core businesses of regulated networks, renewables, flexible thermal generation and business energy sales, the company said.

Leviathan Gas Rig Reaches Israel

Leviathan will be connected by a subsea pipeline to a production platform much closer to shore, just 10 km (6 miles) from a popular beach, angering some opposition lawmakers, environmentalists and residents.

OMV Inks $540 Million Sapura Partnership

OMV and Sapura Energy Berhad have closed the agreement to form a strategic partnership, the company said on Feb. 1.

Chevron’s Quarterly Profit Rises On Higher Oil Production, Prices

Results from Chevron reflected higher oil and gas production with output for the quarter up 156,000 barrels per day from a year earlier. Prices paid for its crude also rose.

Exxon Mobil’s Profit Tops Estimates As Production Rebounds

Exxon Mobil said its oil and gas production in the Permian Basin, the largest U.S. shale basin, rose 90% over a year ago.

Shares Of Weatherford Jump As Wall Street Shrugs Off Earnings

Oilfield services provider Weatherford, which has not reported a quarterly profit in four years, has struggled under the weight of a massive debt load since oil prices crashed in 2014.

Table: Top 12 IP Wells In The Three Forks

A recent Three Forks completion by Marathon Oil flowed 3.303 MMcf of gas, 6.204 Mbbl of oil per day.