Adrian Lara, Principal Analyst at Wood Mackenzie, comments on the election of Javier Milei as President of Argentina, and the impact this may have on the country’s oil upstream industry.
Energy and marine consultancy ABL has opened an office at Batam in Indonesia to support the significant offshore and maritime operations that take place on an off the island.
Around 45 new full-time jobs, in various disciplines, will be created at the site.
XCMG Machinery's electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China, which has reduced 25.812 t of carbon emissions for the oil exploitation project.
Serica Energy has announced the execution of agreements for the acquisition of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (GBA) from Jersey Oil & Gas (JOG).
Oil markets are eagerly awaiting the OPEC+ meeting on 26 November, in anticipation of what kingpin Saudi Arabia decides over its voluntary crude oil production cuts of 1 million bpd.
As a result of the order issued by the United States court of appeals for the fifth circuit, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261.
PETRONAS has signed a Memorandum of Cooperation (MoC) with Vietnam oil and gas group (PETROVIETNAM) to explore potential collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam.
Dron & Dickson has announced a contract award with Harbour Energy for an integrated electrical engineering and wholesale contract.
Exxon Mobil Corporation has announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at US$4.9 billion.
North Sea production has received a significant boost with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others.
The group behind a drive to improve mental health in the North Sea has praised the response to its call to arms after a further 29 organisations signed up to its mental health and well-being charter.
Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at US$53 billion.
New episode of the Palladian Energy Podcast: Enabling sustainability with automation, with Rockwell Automation.
The African upstream oil and gas sector is in the middle of an US$800 billion capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as a major investment theme alongside traditional deepwater oil according to Wood Mackenzie.