The US Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026.
US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million bpd. Despite this new record, crude oil export year-over-year growth slowed to 1% in 2024, compared with 14% in 2023 and 21% in 2022.
Rystad Energy predicts significant risks to US operators who could be forced to bring down their pace of production growth.
bp has announced that the company's board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course.
Markets respond to US ‘Liberation Day’ and recent OPEC+ meeting.
Christian Keon and Indu Moola, Nanoprecise Sci Corp., Canada, describe fuelling energy operations with AI-driven maintenance.
Jeff Forsyth Jan Frieling and Fraser Smith, StimStixx, Canada, explore working with in-situ acid generation for oil and gas with opportunities in carbon capture and geothermal well stimulation.
Vijay Desiraju, Celonis, explains why process intelligence can help capture value in the upstream industry.
The US Energy Information Administration (EIA) revised its forecast for 2025 average US benchmark Henry Hub natural gas spot prices upward following a cold end to February.
Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for North Sea decommissioning.
Centrium Energy Solutions, an oil and gas chemical supplier, has announced it has developed a domestic distribution model that solves critical challenges in sourcing, logistics and performance.
J. Andres Chavarria, Luna Innovations – OptaSense, USA, and Veronique Mahue, Silixa – a Luna company, UK, present an outline of available analysis tools to assess conditions in producing wells.
The US Senate has voted on a resolution that would overturn the Biden administration's proposed fee on methane emissions, according to Reuters.
Richard Toomes, Strategic Business Development Manager, and Matthew Offenbacher, VP Marketing and Technology, AES Drilling Fluids, argue that a holistic viewpoint of drilling fluids’ impact on the drilling process is required to drive efficiency.
Arun Karupaiah, Celeros Flow Technology, outlines how OEM equipment manufacturers and specialist engineering companies are providing practical technological solutions and additional support to help mitigate fugitive emissions.