Finance News

Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has ended 2019 on a high, posting record results in the same week as it was listed within the 23rd annual Sunday Times Virgin Atlantic Fast Track 100.

Oil production from non-OPEC countries is expected to grow at record speed in 2020, creating a headache for the Organization of the Petroleum Exporting Countries (OPEC), which is scheduled to meet this week in Vienna to discuss extending oil production cuts.

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) has announced that the Company has entered into a series of definitive agreements to acquire a broad portfolio of U.S. Gulf of Mexico producing assets, exploration prospects and acreage from affiliates of ILX Holdings, Castex Energy and Venari Resources for $640 million as of the effective date.

Chevron Corporation announces a 2020 organic capital and exploratory spending program of $20 billion. The 2020 budget supports a robust portfolio of upstream and downstream investments, highlighted by Chevron’s world-class Permian Basin position, the company’s major capital project at TCO in Kazakhstan, and an advantaged queue of deepwater opportunities in the Gulf of Mexico.

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