EIA expects flat oil and natural gas production from the Gulf of Mexico
In its Short-Term Energy Outlook EIA implemented a new model for forecasting crude oil and natural gas production from the US Federal Offshore Gulf of Mexico.
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OPEC cuts oil demand growth projections
The body’s monthly report indicates a 2025 growth at 1.7 million bpd, slightly below this year’s figure.
Rystad Energy oil macro update: oil market is dominated by a bearish sentiment due to China’s and US’ economic risks
Rystad Energy oil macro update from 11 September.
EIA expects oil prices to increase despite concerns over economic growth and petroleum demand
The EIA expects that Brent crude oil prices will return to above US$80/bbl this month.
AEW 2024 to navigate the future of oil and gas financing amid energy transition
The African Energy Week: Invest in African Energy conference will gather industry leaders to explore oil and gas financing tools and strategies in the age of the energy transition.
US carbon capture and storage stakeholders must overcome serious trust deficits to meet net zero potential new research shows
Worley and researchers at Princeton University’s Andlinger Center for Energy and the Environment, have identified that a lack of trust between project stakeholders is slowing the pace of infrastructure delivery that is critical to net zero.
Premium energy basins: Focus on emissions reduction as oil and gas demand persists
Despite the accelerating energy transition, oil and gas will remain central to the global energy mix for the foreseeable future as the key hydrocarbon sources continue to satisfy global primary energy demand, which is projected to exceed 650 exajoules (EJ) in the coming years.
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Izomax wins milestone maintenance contract with Shell
Izomax has scored a significant milestone frame agreement with Shell. The contract will enable Shell to leverage Izomax's patented AOGV technology to reinvent plant maintenance procedures.
Heilind and Glenair are Making Reliable Connections in the Oil & Gas Industries
Heilind connects engineers and procurement professionals to interconnect solutions from the experts in high-reliability solutions manufacturing, Glenair. When conditions are at their most challenging – high-pressures, depths, and temperatures – Glenair manufactures components ready to rise to the challenge. For oil & gas engineering, rely on Glenair products to keep operations running.
Wintershall Dea acquisition to complete in early September
Harbour Energy has announced that it now expects to complete the acquisition of the Wintershall Dea asset portfolio in early September.
Joint study agreement for a feasibility assessment on BECCS in South Sumatra, Indonesia
Marubeni Corporation and Japan Petroleum Exploration Co have entered into a joint study agreement with PT Pertamina and its subsidiary PT Pertamina Hulu Energi to conduct a feasibility assessment on BECCS at a pulp mill and nearby oil field area in South Sumatra Province, Indonesia.
Chevron builds on CCS portfolio with greenhouse gas assessment permit offshore Australia
Chevron, through its subsidiary Chevron Australia New Ventures, has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia.
Kent to develop decarbonisation economics guidelines for upstream oil and gas sector on behalf of the Energy Institute
Kent and the Energy Institute have announced a new collaborative effort to create comprehensive guidelines for decarbonisation economics in greenhouse gas (GHG) emission reduction projects in the upstream oil and gas industries.
Miros supports pipelay operations for pioneering CCS project in Norway
Miros has successfully supported the laying of a 109 km pipeline for the Northern Lights CO2 transport and storage (CCS) project.
Raptor Data awarded ConocoPhillips plug and abandonment (P&A) verification and validation contract
Raptor Data has announced that it has been awarded a contract from ConocoPhillips Company (ConocoPhillips) to manufacture and deploy a fleet of tools based on its acoustic telemetry technology, Pathfinder.