Industry News

NuVista Posts Oil Output High for Fourth Quarter

Industry News - Mon, 2024-01-15 10:00
NuVista has posted a new company record with fourth-quarter 2023 production of 85,900 boepd, above its guidance range of 82,000 to 84,000 boepd.

Texas LNG Inks Tolling Agreement with EQT

Industry News - Mon, 2024-01-15 09:00
The HOA is expected to be finalized into a definitive 15-year tolling agreement for 0.5 million tons per annum of LNG.

Chesapeake and Southwestern Energy to Merge

Industry News - Mon, 2024-01-15 08:39
The combination has been approved by the boards of directors of both companies.

Maritime Intelligence Co Advises Clients to Suspend Red Sea Operations

Industry News - Mon, 2024-01-15 05:00
'The situation escalated with NATO forces launching airstrikes against Houthi targets'.

Qatar Pauses Gas Shipments Via Red Sea After USA Airstrikes

Industry News - Mon, 2024-01-15 03:46
Qatar paused sending liquefied natural gas tankers through the Bab el-Mandeb Strait.

SLB, Nabors Partner on Automated Drilling Solutions

Industry News - Mon, 2024-01-15 01:06
SLB has formed a partnership with Nabors to scale up the adoption of automated drilling solutions.

Jumbo Offshore Scores Guyana FPSO Job

Industry News - Mon, 2024-01-15 01:05
Jumbo Offshore has been contracted by MODEC Guyana for the pre-installation of the mooring spread of FPSO Errea Wittu.

RE Growth Hits Record High but Remains Concentrated: IEA

Industry News - Mon, 2024-01-15 00:45
The globe nearly doubled RE capacity additions in 2023 compared to the previous year but growth continued to be concentrated in China, Europe and the US.

Design Change for Trans Mountain Pipeline Gets Canada Approval

Industry News - Mon, 2024-01-15 00:32
Trans Mountain's application to use smaller pipes in a section of its pipeline expansion project was approved by Canada's energy regulator.

AET Secures $100MM Credit Facility, Eyes Zero-Emission Vessels

Industry News - Sun, 2024-01-14 22:40
Energy logistics firm AET has secured a $100 million sustainability-linked Islamic revolving credit facility from Maybank Singapore, which it plans to use for emission reduction efforts.

Northern Ireland Regulator Rejects Unshinagh Wind Farm

Industry News - Sun, 2024-01-14 06:00
Northern Ireland's Department for Infrastructure issued a notice of opinion refusing planning permission for the Unshinagh Wind Farm.

Vietnam Set to Expand Graft Probe Into Misuse of Key Energy Fund

Industry News - Sat, 2024-01-13 06:00
If expanded, the probe will involve other officials from the finance and trade ministries and some related companies.

Oil Tanker Firms Halt Red Sea Trips After USA Strikes Yemen

Industry News - Fri, 2024-01-12 15:00
At least three large oil tanker firms said they stopped sending their ships through the southern Red Sea.

Oil Rises After Retaliation Airstrikes Begin in Yemen

Industry News - Fri, 2024-01-12 14:28
Oil rose after the US and its allies launched airstrikes against Houthi rebels in Yemen, retaliating for attacks on ships in the Red Sea that have imperiled flows of fuel and goods through the vital waterway.

British Columbia Issues Environmental Warning to Coastal GasLink Operator

Industry News - Fri, 2024-01-12 13:00
BC's Environmental Assessment Office accused TC Energy of 'not properly rehabilitating riverbanks and streams'.

Minesto Executes Launch and Recovery System for New Tidal Kite

Industry News - Fri, 2024-01-12 11:30
Minesto executed a launch and recovery system for the first megawatt tidal kite Dragon 12.

Generative AI Will Continue to Gain Traction in Oil in 2024

Industry News - Fri, 2024-01-12 11:00
'We'll continue to see the scaling potential for all forms of AI grow in the year ahead'.

Beacon Offshore Makes FID on GOM's Winterfell Discovery

Industry News - Fri, 2024-01-12 09:00
The Winterfell discovery will be developed as a cost-effective and low emissions subsea tieback.

USA EIA Reveals Latest Brent Price Forecasts

Industry News - Fri, 2024-01-12 07:10
The U.S. Energy Information Administration released its latest Brent spot price forecasts in its January short term energy outlook.

VIDEO: USA Central Command Details Houthi Strikes

Industry News - Fri, 2024-01-12 05:36
'This multinational action targeted radar systems, air defense systems, and storage and launch sites for one way attack unmanned aerial systems, cruise missiles, and ballistic missiles'.

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