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Russian government to discuss gasoline exports ban next week, sources say

Novak’s office declined to comment. One of the sources said the meeting may take place on Tuesday or Thursday. Last week, news agency TASS reported that the Federal Anti-Monopoly Service may initiate a one-month ban […]

Diamondback in talks to acquire Double Eagle for $5 billion, WSJ reports

According to The Wall Street Journal, Diamondback Energy is reportedly in talks to acquire Double Eagle. Sources familiar with the situation suggest a formal deal announcement could be made in the upcoming days. […]

Sunnen launches all-electric honing machine for oil and gas bore applications

Sunnen Products Company has launched the HTE 1600W Tube Hone, an all-electric precision honing machine specifically designed for the oil and natural gas industry’s demanding small diameter, long bore applications. The HTE 1600W […]

Oil to snap three-week losing streak as trade war fears ease

Brent futures were up 37 cents, or 0.49%, at $75.39 a barrel by 1418 GMT. U.S. West Texas Intermediate (WTI) crude gained 24 cents, or 0.34%, to $71.53. Both contracts were on track for weekly […]

ADNOC Drilling reports record $1.3 billion net profit from 2024

ADNOC Drilling has announced record financial results for the fourth quarter and full year ending December 31, 2024. Full-year revenue $4.03 billion, +32% year-on-year Full-year EBITDA $2.01 billion, +36% year-on-year, 50% margin Full-year […]

Norway’s Vipo expands U.S. presence with new manufacturing facility for swellable packers

Vipo has opened a new Swellable Packer Manufacturing facility in Monclova, Ohio. This factory was established to better supply the long-standing oil and gas customer with swellable packers for use in installations all over the […]

Kosmos Energy produces first LNG from bp-operated GTA project, offshore W/Africa

*bp-operated Greater Tortue Ahmeyim (GTA) LNG project. Newswire — Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & […]

Oil price falls ahead of Trump-Putin Ukraine war negotiations

*Global oil flow. Lagos — “Oil prices experienced a significant decline after three consecutive days of gains. West Texas Intermediate (WTI) recorded its biggest drop since January, falling approximately 2.5%, partially affected by the latest […]

STRYDE wins S3 contract to deploy 42,000 nodes for CCS project, onshore Denmark

STRYDE, a global leader in nodal seismic acquisition technology, has secured a major contract to supply 42,000 autonomous nodes to Smart Seismic Solutions (S3). STRYDE nodes The nodes will be deployed on a […]

UNEP seeks collaboration with NUPRC to combat methane emissions in Nigeria

*UNEP and NUPRC officials during the visit Oritsegbubemi Omatseyin The delegation, led by the UNEP Programme Manager Marci Baranski, emphasised the importance of working closely with NUPRC to actualise methane reduction efforts in Nigeria. Baranski […]