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OPEC production dips in December as UAE implements supply cutbacks

*OPEC+ Newswire – OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at buoying global oil markets. Output from the Organization of Petroleum Exporting Countries fell […]

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Varel Energy Solutions acquires Ace Well Technology, strengthening completions portfolio

Varel Energy Solutions (VES) has acquired Ace Well Technology (ACE), an international leader in the supply of oilfield casing, cementing and completion products. This transaction strengthens VES’s robust portfolio of primary cementing equipment, […]

Thousands left without heat or gas in Moldova’s pro-Russian separatist region

Transdniestria, a mainly Russian-speaking breakaway region along the Ukrainian border, had received Russian gas via Ukraine for decades, using it to generate electricity also sold to the rest of Moldova, providing 80% of the country’s […]

Halliburton, Coterra launch first fully automated hydraulic fracturing program

Halliburton and Coterra Energy announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. This technology automates stage delivery execution with […]

Central Europe gas flows adjusted after Ukraine transit ends

Austria received gas through Slovakia until the year-end even though its contracted supplies from Russian gas giant Gazprom had stopped in November. Austrian Grid Management said in a daily report on Monday the country boosted […]

Egypt ramps up exploration, production efforts

*Egypt President Abdel Fattah El-Sisi. – As President meets with Minister of Petroleum Cairo — Egypt President Abdel Fattah El-Sisi has emphasized the importance of developing newly discovered wells and including them in the nation’s […]

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Final Section 45V regulations will expand opportunity for natural gas, CCS, says API

The American Petroleum Institute (API) has released a statement regarding the U.S. Department of the Treasury’s final regulations for the Section 45V Clean Hydrogen Production Tax Credit. “Clear, consistent policy is essential for […]

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Biden offshore drilling ban “significant and catastrophic,” says IPAA

The Independent Petroleum Association of America (IPAA) have responded to the announcement of the Biden Administration’s plan to remove millions of acres of U.S. oceans from potential oil and gas drilling, barring the sale of […]

Aradel Holdings launches Employability Training Programme for host community youths

*Aradel Holdings launches Employability Training Programme. Oritsegbubemi Omatseyin Lagos — Aradel Holdings Plc has launched its Employability Training Programme for 120 youths within its six host communities in PML 14, formerly OML 54 in Rivers […]

Senegal, Mauritania achieve first gas at Greater Tortue Ahmeyim

*Greater Tortue Ahmeyim (GTA) development. – Signaling new era of energy security and West African gas production Dakar, Senegal — Senegal and Mauritania have achieved a historic milestone with the start of operations at the […]