NuVista Posts Oil Output High for Fourth Quarter
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
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
The combination has been approved by the boards of directors of both companies.
Maritime Intelligence Co Advises Clients to Suspend Red Sea Operations
'The situation escalated with NATO forces launching airstrikes against Houthi targets'.
Qatar Pauses Gas Shipments Via Red Sea After USA Airstrikes
Qatar paused sending liquefied natural gas tankers through the Bab el-Mandeb Strait.
SLB, Nabors Partner on Automated Drilling Solutions
SLB has formed a partnership with Nabors to scale up the adoption of automated drilling solutions.
Jumbo Offshore Scores Guyana FPSO Job
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
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
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
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
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
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
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
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
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
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
'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
The Winterfell discovery will be developed as a cost-effective and low emissions subsea tieback.
USA EIA Reveals Latest Brent Price Forecasts
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
'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'.