Upstream news
McKinsey’s redesigned Global Energy Perspective reveals rising demand and emerging hurdles affecting the pace of the energy transition
Renewables projected to grow up to 80%; hydrogen demand revised down by up to 25%, fossil fuels set to ‘plateau’ rather than peak.
OMMICA reports breakthrough into Asian energy sector
OMMICA, the chemical analysis expert, has broken new ground in Central Asia's oil and gas industry thanks to its innovative THPS testing kits.
AccuWeather: Hurricane Francine causes US$9 billion damage and economic loss
AccuWeather’s?preliminary estimate?of the total?damage?and economic loss from Hurricane Francine in the USA is US$9 billion.
ARA Petroleum presented with Ntorya Gas development licence at Tanzania ceremony
ARA Petroleum is pleased to announce it was presented with the 25 year Development Licence over the Ntorya Gas discovery at a handover ceremony in Tanzania.
Orlen discovers 'big’ oilfield in western Poland
The oilfield was discovered in the Lubuskie region next to the existing Rzeczyca field which holds 100 000 metric t of oil, says Reuters.
Diamondback Energy closes merger with Endeavor Energy Resources
Diamondback Energy has completed the merger with Endeavor Energy Resources, creating a leading operator focused on the Permian Basin.
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.
Aquaterra Energy launches legacy well re-entry and re-abandonment services, enabling CCS and hydrogen storage projects
Newly released Recoverable Abandonment Frame technology could reduce abandonment costs by £20 million per well and cut project timelines by 50%.
Denmark's first CO2 storage facility now ready to receive large amounts of CO2
The 23 partners behind Project Greensand have now submitted the final report from the pilot project, which has aimed to develop, test and demonstrate safe and efficient storage of CO2 in the North Sea subsurface.
Successful installation of passive technology for two major projects in Australia
Sentinel Subsea has announced the successful installation of WellSentinel™ systems for two significant projects in Australia.