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Oil Market Outlook: A Year of Growth, but Slower Than Before

Rextag

The global oil market is full of potential but also fraught with challenges. A Year of Growth, but Slower Than Before The International Energy Agency (IEA) has revised its forecast for global oil demand in 2024, projecting growth of 921,000 barrels per day (bpd) a slight increase from earlier predictions of 862,000 bpd. million bpd.

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Why Are Oil Giants Backing Away from Green Energy: Exxon Mobil, BP, Shell and more

Rextag

As world leaders gather at the COP29 climate summit, a surprising trend is emerging: some of the biggest oil companies are scaling back their renewable energy efforts. CEO Darren Woods said the company didnt have expertise in those areas and instead focused on hydrogen and lithium, areas closer to its traditional oil business.

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Gulf Oil Operators Chevron, BP, Equinor, Shell Brace as Tropical Storm Rafael Threatens Production

Rextag

Oil companies across the Gulf of Mexico are springing into action as Tropical Storm Rafael bears down, marking yet another disruption in a storm-laden season. million barrels of oil and 6.39 619-349-4970 or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business.

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Shell Wins Appeal in Climate Case: Does Big Oil Really Bear Responsibility for Carbon Emissions?

Rextag

Is this a victory for Big Oil or just a delay in the climate accountability movement? 619-349-4970 or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business. Shell overturned a landmark court order demanding it cut emissions by nearly half.

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Introducing Novi’s Insight Engine

Novi

The oil and gas industry has long struggled with clunky interfaces, tedious data prep work, and fragmented datasets. Explore the details below or scroll to the bottom for our video demo and a firsthand look. You can seamlessly toggle between oil, gas, BOE, GOR, or WOR metrics and explore data through log or linear charts.

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AI advisor helps geoscientists unlock the value of exploration data

IBM: Oil & Gas

Resource optimization is the key challenge facing oil and gas companies today. AI powers a new way of oil and gas exploration decision making To improve the process, we worked with IBM Research in Brazil to create a GeoScience Advisor that combines the digital with the human. Want to learn more about IBM solutions for Oil and Gas?

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

Rextag

As the leaves fall and we settle into Halloweens cozy, pumpkin-spiced vibes, its not just the ghostly shadows creeping through the energy sector; major oil companies have reported mixed Q3 earnings, facing various challenges and surprises. Despite a dip in realized oil prices and a 13.5% billion, its lowest in nearly four years.

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