Industry News

QatarEnergy Plans to Charter 25 LNG Vessels from Nakilat

Industry News - Tue, 2024-02-13 00:30
QatarEnergy and Nakilat have agreed on a time-charter arrangement for up to 25 newbuild LNG carriers.

CBed Puts Newly Acquired SOVs Straight to Work

Industry News - Tue, 2024-02-13 00:30
The two service operation vessels have been contracted by Hughes Subsea.

Oil Shows Minimal Change on Mixed Geopolitical Signs

Industry News - Mon, 2024-02-12 14:53
Oil was little changed as traders weighed increasing military activity in the Middle East against diplomatic efforts to alleviate the conflict.

Black Hills Sees Higher Profit as Customers Increase

Industry News - Mon, 2024-02-12 14:00
Black Hills reported a net income of $79.6 million for the fourth quarter of 2023.

ConocoPhillips Plans to Slow Down US Production This Year

Industry News - Mon, 2024-02-12 12:30
ConocoPhillips will focus on efficiency after delivering a company record for the Lower 48 with an output of 1.1 MMboepd in 2023.

North America Goes Back to Adding Rigs

Industry News - Mon, 2024-02-12 11:00
North America increased its rig count week on week, according to Baker Hughes.

Athabasca, Cenovus Form JV Focused on Kaybob Duvernay

Industry News - Mon, 2024-02-12 09:00
Duvernay Energy Corporation will target strong, high netback cash flow and production growth focused on the Kaybob Duvernay resource play in Alberta, Canada.

Diamondback to Buy Endeavor for $26B in Oil Megadeal

Industry News - Mon, 2024-02-12 08:31
Diamondback will fund the deal with 117.3 million shares and $8 billion in cash.

Minister Says Aramco Capacity Halt Is Due to Energy Shift

Industry News - Mon, 2024-02-12 08:00
'We are transitioning'.

Petrobras Closes Acquisition of STP Stakes in Africa

Industry News - Mon, 2024-02-12 06:00
'The operation marks the resumption of exploratory operations on the African continent, with the aim of diversifying the portfolio'.

EIA Estimates USA Crude Oil Output Hit All Time High In December

Industry News - Mon, 2024-02-12 05:37
The U.S. Energy Information Administration estimated that U.S. crude oil production reached an all-time high in December.

Diamondback, Endeavor in Advanced Talks for Merger Worth over $50B

Industry News - Mon, 2024-02-12 04:45
Diamondback and Endeavor are in final discussions toward a deal that would create an oil-and-gas giant worth more than $50 billion.

BMI Says Outlook for Asia Natural Gas Demand Remains Bullish

Industry News - Mon, 2024-02-12 04:44
The outlook for Asia's natural gas demand remains bullish, according to a new report from BMI.

MOL, JX to Study CCS Value Chain Between Japan, Australia

Industry News - Mon, 2024-02-12 02:26
The MoU covers the establishment of a CCS value chain by capturing carbon dioxide emitted from the ENEOS refinery and nearby various industries in Japan.

Barclays Halts Financing of Upstream Expansion

Industry News - Mon, 2024-02-12 02:22
There will also be restrictions for new energy clients engaged in expansion and on non-diversified energy clients engaged in long-lead expansion.

Var Energi Taps AGR for Well Control Job Offshore Norway

Industry News - Mon, 2024-02-12 01:50
AGR secured a long-term contract for the provision of blowout and well control studies and associated services for Var Energi activities on the Norwegian continental shelf.

Nigeria to Pilot Methane Abatement Project with US Help

Industry News - Mon, 2024-02-12 01:42
Nigeria's national oil company NNPC is designing a methane abatement project in collaboration with the US State Department and Deloitte.

TotalEnergies Starts Production at Akpo West Field in Nigeria

Industry News - Mon, 2024-02-12 01:36
TotalEnergies put onstream the Akpo West field tie-back project offshore Nigeria, adding condensate and gas output capacity.

Atmos Posts Higher Quarterly Profit

Industry News - Sun, 2024-02-11 05:00
Atmos reported a quarterly net income of $311.3 million.

Donald Trump Is the Oil and Gas Industry's Top Choice for President

Industry News - Sat, 2024-02-10 06:00
Donald Trump is the oil and gas industry's undisputed top pick for the Republican presidential nomination.

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