OilPrice

MARCH 7, 2025

Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday as Europes largest oil and gas companies are pivoting back to strategies to boost output of fossil fuels.

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OilPrice

MARCH 6, 2025

Tanzania plans to launch in May its fifth oil and gas licensing round for 26 exploration blocks in what will be the East African countrys first such bidding round since 2014.

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NGT News

MAY 15, 2023

says its Delo 600 ADF 10W-30 and Delo 600 ADF 15W-40 heavy-duty engine oils have been approved for use in Cummins mobile natural gas engines. Chevron Products Co.

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OilPrice

MARCH 9, 2025

Oil-rich Egypt has big plans for the future of its fossil fuel development with several major new auctions and investments planned for the North African country.

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OilPrice

MARCH 12, 2025

Traders havent been this bearish on oil in months or so bullish on U.S. natural gas in years. natural gas futures showed two contrasting trendsspeculators are betting that oil prices would remain low or go even lower while increasing the bets that natural gas prices would continue marching higher.

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OilPrice

MARCH 12, 2025

Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports and a weaker dollar that should stimulate stronger demand. At the time of writing Brent crude was trading at $70.05 per barrel, with West Texas Intermediate at $66.75 per barrel, as the U.S. Even an estimated U.S.

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OilPrice

MARCH 10, 2025

Operations at Saudi Arabias Jafurah shale gas field the countrys largest unconventional non-oil associated gas site and arguably one of the biggest outside the U.S. will begin this year, according to a comment last week from Saudi Aramcos president and chief executive officer, Amin Nasser.

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Oil & Gas 360º

MARCH 6, 2025

(World Oil) –Ecuadors President Daniel Noboa has ordered a consortium seeking to take over the nations top oil asset to pay an entry fee of $1.5 Previously, the consortium of local subsidiaries of Chinese oil company Sinopec and New Stratus Energy Inc. billion by March 11, moving up the deadline by more than three weeks.

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Oil & Gas 360º

MARCH 11, 2025

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. The gas could also be used for power to support data centers.

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OilPrice

MARCH 6, 2025

The press release stressed that the return of oil may be paused or reversed subject to market conditions, easing fears among traders who previously A statement posted on OPEC's website on Monday revealed that Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Kazakhstan, Oman and Algeria will start unwinding a 2.2

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OilPrice

MARCH 7, 2025

billion social fund, which collects revenues from oil and gas exploration and production, as approval ratings of President Luiz Inacio Lula da Silva have slumped to a record low. Brazil looks to boost its economy with money from its $3.5-billion

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POWER Magazine

JANUARY 26, 2024

A study from a group that recruits workers for energy sector jobs has found that as many as 39% of workers in the nascent green hydrogen industry are coming from […] The post Oil, Gas Groups Will Support New Jobs in Hydrogen Sector appeared first on POWER Magazine.

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Oil & Gas 360º

MARCH 11, 2025

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Last weeks 80 Bcf draw in working natural gas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line).

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Energy Transition

DECEMBER 12, 2023

Oil and gas companies have been the biggest winners of the energy price hikes of 2022. Oil and gas companies have hugely profited from 20322’s energy price hikes. The world’s top public oil and gas producers cumulatively benefited from over. Is there hope that they will? Joelle Thomas reports.

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POWER Magazine

JANUARY 29, 2025

GW coal-fired […] The post Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland appeared first on POWER Magazine.

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POWER Magazine

FEBRUARY 10, 2025

Texas-based oil and gas major Energy Transfer said the company has entered into a long-term agreement with Colorado-based CloudBurst Data Centers for the energy supply to serve a data center […] The post Energy Transfer Will Provide Natural Gas to Texas Data Center Project appeared first on POWER Magazine.

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Oil & Gas 360º

MARCH 4, 2025

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5

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Rigzone

MARCH 7, 2025

Texas had the highest oil and gas payroll in the country in 2024, according to TIPRO's latest State of Energy report.

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Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Offshore infrastructure projects are also advancing, including Enis Structures A&E Project, which channels gas from two fields to the Mellitah treatment plant.

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Marcellus Drilling News

MARCH 12, 2025

Earlier this month, the Texas Independent Producers & Royalty Owners Association (TIPRO) released the 10th edition of its State of Energy Report, offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for ?the the energy industry in 2024 (full copy below).

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Malcolm Graham Wood

MARCH 4, 2025

Oil under pressure due to Opec. The post Oil price, Savannah, UJO, NTOG, Predator. Savannah is back from suspension with a raise and UJO gets better at Moccasin. NTOG raise and Predator are ready to drill. And finally… appeared first on Malcy's Blog.

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POWER Magazine

JANUARY 10, 2024

PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission […] The post PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts appeared first on POWER Magazine.

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OilPrice

MARCH 11, 2025

Once upon a time, in the not-so-distant past, the United States was the world's largest importer of energy, guzzling down foreign oil and gas like a frat boy at a kegger. has transformed from energy junkie to pusher, with liquefied natural gas (LNG) as its hottest commodity. Natural gas production was declining, and

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Oil & Gas 360º

MARCH 4, 2025

(World Oil) – Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the worlds biggest oil producer Saudi Aramco. Oil use is set to rise by 1.3 Saudi production has lingered near the lowest level in more than three years.

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Oil & Gas 360º

MARCH 5, 2025

(Oil Price) –The worlds biggest sovereign wealth fund, Norways $1.8 trillion oil fund, has made its first investment in an external hedge fund with long-short strategies, amid changing and volatile markets, a top executive of the funds manager told the Financial Times.

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Malcolm Graham Wood

MARCH 7, 2025

Oil has bounced today and is only $2 down on the week.Today DEC remind markets about dilution, not and JOG see Dana step back from the FPSO. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG. And finally… appeared first on Malcy's Blog.

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OilPrice

MARCH 11, 2025

That man is Kazakh millionaire Kenges Rakishev, who made his money from oil and gas and metals, and now wants a piece of the EV pie. Sales of electric vehicles have been slowing down across markets, but one man believes the future remains bright.

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Rigzone: News

FEBRUARY 17, 2025

This agreement strengthens our long-standing partnership with Indian Oil and is a testament to the dynamic and robust energy ties between the UAE and India', ADNOC Gas CEO Fatema Al Nuaimi said.

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POWER Magazine

SEPTEMBER 13, 2023

Petra Nova, one of the world’s only two carbon capture and storage (CCS) retrofits at a commercial power plant, has restarted operations, JX Nippon Oil and Gas Exploration Corp.

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Keystone Energy Tools

MARCH 7, 2025

In todays fast-paced oil and gas industry, proactive equipment repairs and maintenance are more than just routine taskstheyre vital to ensuring operational efficiency, safety, and long-term cost savings.

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Malcolm Graham Wood

MARCH 3, 2025

Oil remains under pressure with tariffs and Opec all imminent. The post Oil price, JOG, Hunting, Petrofac. Today JOG are remarkably upbeat and rightly so, Hunting have done some housekeeping and PFC goes from one court appearance to another. And finally… appeared first on Malcy's Blog.

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Oil & Gas 360º

MARCH 12, 2025

Weekly Crude Oil Storage as of March 7, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 crude oil refinery inputs averaged 15.7 crude oil imports averaged 5.5 Over the past four weeks, crude oil imports averaged about 5.8 million barrels, U.S.

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Oil & Gas 360º

MARCH 5, 2025

Weekly Crude Oil Storage as of February 28, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 3.6 crude oil refinery inputs averaged 15.4 crude oil imports averaged 5.8 Over the past four weeks, crude oil imports averaged about 6.0 million barrels, U.S.

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Enverus

MARCH 4, 2025

After confirming a trend of rising retirement extensions, this report evaluates and lists the timing of natural gas plant retirements likely to be delayed, based on plant efficiency and projected power demand growth. Looking at expected natural gas plant retirement delays across the U.S., gigawatts of capacity. Wilmot said.

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POWER Magazine

SEPTEMBER 19, 2023

In the common global quest for sustainable and renewable energy sources, traditional oil and gas producers are beginning to focus on alternative sources. Geothermal is emerging as one of the […] The post Geothermal: Hydrocarbon Sector’s Evolution to Own the Energy Revolution appeared first on POWER Magazine.

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Oilholics Synonymous Report

FEBRUARY 14, 2025

Over the course of Thursday and Friday - days III & IV - of India Energy Week 2025 that put us on the home stretch of the global event, conversations turned more meaningfully towards the Indian government's assertion of placing a 'gas economy' at the heart of its march to net zero by 2070.

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