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With the CERAWeek 2025 conference in Houston drawing to a close, C-Suite executives, ministers and top officials have weighed in on the trajectory of the global oil and gas sector with experts debating whether tariffs, trade, and competition will replace security, affordability, and sustainability in shaping energy markets and policy.
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.
With momentum for sustainability building, Africa’s oil and gas producing nations have a unique opportunity to embark on an inclusive energy transition and chart a course toward a sustainable future.
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.
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. Have a read here if you wish.
(Investing) –LONDON -Oil prices were stable on Friday after a more than 1% loss in the previous session, as investors weighed the diminishing prospects of a quick end to the Ukraine war that could bring back more Russian energy supplies to Western markets. “Brent oil has hovered around the $70 mark for the past two weeks.
EnerCom Denver is the largest independent investor conference for the global oil and gas industry and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
The traditional business model of oil and gas players is under pressure. Investing in the sustainable-power value chain can provide an opportunity to diversify and play a leading role as the industry transitions.
How Energy & Transportation industries like EV, Oil & Gas, and Utilities & Grid industries impact the environment, their challenges, their roles in sustainability, and why they should collaborate or shift to the EV industry.
The partnership has agreed to create an Acquisition and Development Company ( ADC ) focused on delivering reliable, cost efficient, net-zero power from natural gas and captured coal mine methane ( CMM ) to meet the soaring demand of data centers for reliable power. and DANBURY, Conn. The partnership initiative, using U.S.-made
(World Oil) – ChampionX announced today its ChampionX Emissions Technologies Aerial Optical Gas Imaging (AOGI) platform has received approval from the U.S. Given the scale of the oil and gas industry, streamlining the leak detection process is a big relief to operators, especially for small businesses.
The oil and gas industry is experiencing a profound transformation, driven by several key trends that are reshaping its future. While technological advancements play a crucial role, other factors such as sustainability initiatives, regulatory pressures, and market demands are also significantly influencing the sector.
The report provides an outlook to 2050 for each energy type and carrier, including hydrogen, sustainable fuels, natural gas, oil, and coal, as well as a view on the role of carbon capture, utilization, and storage (CCUS).
Training programs are essential for boosting productivity and profitability in the oil and gas industry. By prioritizing employee development, oil and gas companies can mitigate risks, improve operational performance, and drive sustainable profitability.
From Drill Bits to Drones: Innovations in Texas Oil and Gas Production Introduction: As the energy demand continues to grow, so does the need for more efficient and sustainableoil and gas production methods. The oil and gas industry constantly evolves, with modern technologies and innovations always emerging.
Oil & Gas Firms Embrace Green Hydrogen and Carbon Capture for Net-Zero Goals Key Points: Oil and gas companies are focusing on green hydrogen and carbon capture to reach net-zero targets. Green hydrogen and carbon capture technologies are central to achieving sustainability goals.
Oil & Gas 360 –CALGARY, Alberta, March 14, 2025 (GLOBE NEWSWIRE) Calfrac Well Services Ltd. The Company executes on its brand promise of Do It Safely, Do It Right, Do It Profitably to generate long-term, sustainable returns for its shareholders. Further information regarding Calfrac Well Services Ltd.,
Pioneering the Future: Technological Breakthroughs in Texas’s Oil and Gas Production The oil and gas industry constantly evolves, and Texas has long been at the forefront. A noteworthy innovation within the oil and gas sector is the wide adoption of automation and artificial intelligence (AI).
EnerCom Denver is the largest independent investor conference for the global oil and gas industry and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
1, is making a strategic move to supply natural gas-powered energy to AI data centers across the United States. Chevrons Natural Gas-Powered Solution Chevron, GE Vernova, and Engine No. made GE Vernova 7HA natural gas turbines , known for their high efficiency and reliability. million U.S. homes for one year.
.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No.
Oil and gas is a complex landscape of processes, each playing a crucial role in ensuring the safe and efficient delivery of energy resources to homes and businesses worldwide. One critical, yet often overlooked, component in this journey is the field gas conditioner, also known as a JT skid. What is a Field Gas Conditioner?
Balancing Energy and the Environment: Environmental Concerns Associated with Texas Oil and Gas Production Introduction: The Texas economy heavily relies on the oil and gas industry; however, it also has the potential to cause significant environmental harm.
Yours truly will be holding three panel sessions and two fireside chats at the event with Hardeep Singh Puri, India's Honorable Minister of Petroleum and Natural Gas, and Chris Ashton, Chief Executive Officer of Worley. The three panels will include distinguished industry thought leaders.
The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer. All at a time when oil prices are currently lurking around 2021 lows. This is expected to drive a surge in natural gas demand.
The Nigerian oil and gas industry has the potential to become a leading exporter of expertise and services to other African nations. Speaking at the 2024 Nigeria Oil and Gas (NOG) Energy Week in Abuja, Dr. Reforming the Bidding Process A more robust and fair bidding process is essential for the growth of local capacity.
The World Bank puts the direct or explicit subsidies for coal, oil, and gas in 2021 at $577 billion. Big oil has sustained. If you’ve lived long enough that revelation probably isn’t surprising, but it’s nonetheless disappointing.
El-Wazir added that the project aims to localize the petrochemical industry in Egypt by sustainably securing the raw material needs of petrochemical companies in Alexandria to operate at full capacity and create new investment opportunities in the oil, gas, and petrochemical sectors.
Monday also saw several ministers speak at ADIPEC including the UAE's energy Suhail Al Mazroui and India's minister for petroleum and natural gas Hardeep Singh Puri, as did OPEC Secretary General Haitham Al Ghais, fresh from the crude producers' group's decision to postpone its planned production increase by a month.
Efficient water management is crucial for long-term sustainability and resilience. Focus on water-intensive industries: Certain industries, such as power generation, oil and gas extraction, and utility operations, are particularly water-intensive. The Permian Basin , one of the most productive oil fields in the U.S.,
DIC Oil Tools is one of the leading Suppliers of Drill Pipes for the oil and gas industry. At DIC Oil Tools, we only use the most durable materials available for OCTG and drill pipe manufacturers. Why choose DIC Oil Tools for Drill Pipe? Keep reading to learn more about this system and the benefits youll see.
In the context of an oil and gas field company, ESG considerations are becoming increasingly important for several reasons. First , the oil and gas industry has traditionally been associated with environmental risks, such as oil spills, emissions, and habitat destruction.
Introduction Oil and Gas companies operate in a complex global environment that requires them to balance energy demand with a lower carbon footprint. GHG reporting for an Oil and Gas company involves collecting data from a wide range of systems, calculating emissions, and reviewing emission data before submitting them to the EPA.
Here are the details of the sessions: Monday, November 4, 2024 @ 15:30 GST Climate finance: the role of the energy and finance sectors With: - Lina Osman, Managing Director & Head, Sustainable Finance - Africa and MENAP, Standard Chartered - Bruce Johnson, Director, Corporate Finance and Treasury, Masdar - Jassim AlSane, Co-head of Investment Banking (..)
US natural gas utilities and combined electric and gas utilities have an opportunity to convert their infrastructure into clean-fuels networks—a move that could help enable a decarbonized energy system.
Port of Rotterdam supports ZEMBA initiative with additional incentive for sustainable shipping fuels | Port of Rotterdam. The Port of Rotterdam Authority has also determined that discount does not apply to bio-blended fuel oil, marine gasoil.
As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally.
This week the Colorado Oil & Gas Association released its highly anticipated 2022 Community Impact Report, highlighting the industry’s ongoing commitment to environmental progress and community development in Colorado.
Government officials are creating sustainability regulations, which target greenhouse gas emissions. They target pollution from the oil and gas industry to meet decarbonization goals. Countries are using alternative fuel sources to decrease their fossil fuel reliance.
percent decline in crude oil production. Total crude oil produced amounted to a total of 35.42 This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields.
At Pro-Gas LLC in Dallas, we get that maximizing efficiency in Natural Gas Liquid (NGL) production is crucial for success in today’s competitive energy market. NGLs, valuable byproducts of natural gas processing, represent a significant revenue stream for producers. Their extraction is crucial for several reasons.
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