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Oil & Gas Trade
Kazakhstan to Compensate for Exceeding OPEC+ Quota in March
An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar…
Oil&Gas Drilling
Texas Challenges US EPA Limits on Oil and Gas Industry Methane Emissions
A smoke stack at the Valero refinery by the Houston Ship Channel is seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo Purchase Licensi…
Geothermal Power Plant
Fervo Energy Raises $244M for Geothermal Deployment
(Credit: Fervo Energy)Fervo Energy announced that it has raised $244 million in new funding led by Devon Energy, meant to enable Fervo’s next phase of gro…
Oil & Gas Trade
Bulgaria Replacing Russian Crude With Oil From Kazakhstan, Iraq, Tunisia
An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar…
Oil Exploration
US lays out plan at COP 28 to slash greenhouse gas methane from oil and gas
An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo Acquire Licensing RightsThe Biden administrat…
Natural Gas
Seplat to Build a $250 Million Gas Plant in Sapele, Delta State
The Director of New Energy at Seplat PLC, Mr. Effiong Okon has disclosed plans of the company to build a new $250 million gas in Sapele, Delta state as part of …
Oil Exploration
Totalenergies' $27BN Bet on Iraq Boosts Ailing Oil Industry
Pouyanne at the signing ceremony for the dealTotalEnergies’ signing of a long-stalled $27 billion deal to develop several energy-related projects in Iraq …
Natural Gas
GWC Energy Created to Bolster Global Oil and Gas Industry
Sheikh Abdulla Bin Fahad Bin Jassem Bin Jaber Al ThaniQatar’s logistics leader, GWC Group has floated a new subsidiary, GWC Energy, which is set to become the …
Geothermal Power Project
US DOE Awards USD 165M Grant to Geothermal Consortium Leveraging Oil and Gas Tech
The US DOE has awarded a $165M grant to the consortium that aims to accelerate development of geothermal by harnessing expertise from the oil and gas industry. …
Oil&Gas Drilling
The Increasing Number of Oil and Gas Exploration and Production Activities Are Increasing Demand for Oilwell Completion Tools Market
Drilling for Success: Key Drivers Fueling the Growth of the Oilwell Completion Tools MarketThe Growing Importance of Artificial Lift Systems: Artificial Lift Sy…
Oil Price
Biden Sets Sights on Scrapping Oil and Gas Subsidies
The Biden administration is planning to eliminate subsidies for the oil and gas industry in its next budget, Reuters has reported, citing a White House document…
Geothermal Power Plant
Geothermal Transition Summit Aims to Bridge the Gap Between Energy Industries
The newly established Geothermal Transition Summit by Offshore Network aims to help bridge supply chain gaps for the oil and gas industry to contribute to the g…
Net Zero Emission
Energy Industry Lies at the Core of Making Net Zero Possible
The Mahani field in Sharjah. For more than 150 years, the oil and gas industry has continued to innovate. Photo: Sharjah Government Media BureauWe have pledged …
Oil & Gas Trade
What Will the New Year Bring to the Oil & Gas Industry?
The year, which is now behind us, was marked by a global energy crisis and price volatility, putting the energy trilemma into stark relief. However, 2023 is sti…
United States
The Rise of Robots in the Oil and Gas Industry
The U.S. of robotics in the oil and gas industry is expected to pick up significantly over the next decade after the Covid pandemic accelerated the digitalizati…
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