Special reports

OPITO launches new energy industry council to address skills gap and competence challenges.

Intensifying Middle East crisis pushes prices; high spare capacity keeps them in check for now – Rystad Energy's oil macro market update.

AUTOMA 2024 will be held in Düsseldorf, Germany on 14 - 16 October 2024.

GlobalData: Gulf of Mexico's oil and gas operations recover as Hurricane Helene moves north.

In June, Russia promised to meet its OPEC+ oil production targets after pumping too much oil in May.

As of 8:00 a.m. eastern time on 26 September, Hurricane Helene was expected to make landfall as a Category 3 hurricane on the eastern part of the Florida Panhandle late Thursday 26 September with sustained winds of 115 mph, creating the potential for significant disruptions to energy infrastructure.

US crude oil inventories fell by more than expected in late September, dropping by 4.34 million bbl, reported the American Petroleum Institute (API).

Saudi Arabia is preparing to increase its oil output to regain its market share, with abandoning its required oil price part of the plan.

Multiple energy companies, both domestic and international, have submitted bids for the ninth round of India's Open Acreage Licensing Policy (OALP-9), as confirmed by the Directorate General of Hydrocarbons (DGH), the country's upstream regulator.

Reuters has reported that the US Federal Trade Commission is expected to greenlight US oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil's challenge to the US$53 billion deal as its final hurdle.

The oil body said there "has been further recognition that the world can only phase in new energy sources at scale when they are genuinely ready”.

Caterpillar Oil & Gas has announced that North American pressure pumping operators using its Tier 4 DGB system reduced diesel consumption by approximately 100 million gallons in 2023.

Read today's market analysis on behalf of Rania Gule, Senior Market Analyst, XS.com

Reuters reported that oil prices rose on news of monetary stimulus from China while another hurricane threatened supply in the US.

The US Energy Information Administration reports that cash from operations in 1Q24 has decreased due to lower natural gas prices.