Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million bbls to less than 25 million bbls between early April and early June, according to Wood Mackenzie.
Launched on 9 June at the EAGE Annual Conference in Aberdeen, the Halo range delivers high-fidelity imaging, enhanced operational assurance and connected acquisition at a low cost, while retaining the simplicity and scalability STRYDE technology is known for.
After two profitable bootstrapped years, the Zurich-based industrial AI company will accelerate deployment of its end-to-end thermal monitoring platform across sawmills, recycling, mining, chemical processing, oil and gas, and maritime operations - categories where fire and downtime risk are increasingly outpacing what insurers are willing to cover.
Designed for upstream, midstream, and downstream oil and gas, as well as chemical processing and industrial utility environments, the new platform delivers performance comparable to other leading manufacturers with a more competitive total cost of ownership.
The project, led by Geolander, will support a major oil and gas operator’s carbon capture and storage (CCS) ambitions by improving understanding of subsurface conditions and storage potential.
Odfjell Technology has signed a Memorandum of Understanding (MoU) with Applied New Technologies (ANT) to work together to deliver a next generation erosion tool for well plug and abandonment (P&A) projects across Southeast Asia.
Technology enables engineers to seamlessly import well design files from various platforms to optimise design, further advancing the leading rod design platform.
The US’s first US$500 million sale of Venezuelan crude marks a strategic reset in hemispheric energy relations as Latin America and the Caribbean enter a critical investment moment.
IMI expands its NEON sensor range with a combined sound and temperature sensor for the acoustic wireless monitoring of steam traps and pressure/safety relief valves.
INEOS Energy has signed a major long-term deal with US energy company Kinetik Holdings Inc., to supply natural gas to Europe from 2027, a move that will help keep Europe’s homes warm, factories running and prices competitive.