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Hilcorp fined $9.4M in first settlement for fracing violations under new standards

(WO) — Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico. […]

Minister tasks NMDPRA, FRSC on tanker drivers to curb explosion

*Scenes from the Jigawa petrol tanker explosion. Mkpoikana Udoma Port Harcourt — The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has emphasized the importance of using certified drivers to transport petroleum products, […]

Minister, OPTS chart course for increased gas production

*Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, with OPTS Executive Director, Mr. Gwueke Ajaifa. Mkpoikana Udoma Port Harcourt — Nigeria’s quest to become a major player in the global gas market is […]

Iran oil terminal built to bypass Strait of Hormuz is filling with crude

(WO) — An oil terminal Iran built to bypass the vital Strait of Hormuz appears to have partially filled with crude — offering Tehran a means to get a little of its oil into the […]

Canada oil and gas leaders honored at Energy NL 2024 Industry Achievement Awards Gala

(WO) – Energy NL recognized leaders in the Newfoundland and Labrador energy industry through the Energy NL Industry Achievement Awards which took place yesterday at the Sheraton Hotel, St. John’s. These individuals and companies have […]

India’s HPCL to start LNG terminal around year-end, seeks term supply, sources say

HPCL has built a 5 million metric ton per year (tpy) LNG import terminal at Chhara in western India, the country’s sixth, as New Delhi seeks to boost the use of the cleaner fuel. The […]

China’s September refinery output falls for the sixth straight month

Refiners processed 58.73 million metric tons of crude oil last month, data from the National Bureau of Statistics (NBS) showed, equivalent to 14.29 million barrels per day (bpd). The September level rose from August’s 13.91 […]

Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record

Anwar said the government was on track to narrow the deficit to 3.8% of gross domestic product (GDP) next year from an estimated 4.3% in 2024. “Next year, the fiscal reforms will be more aggressive […]

Siemens’ new intelligent link module combines IT with operational technology

(WO) — Siemens has launched SIRIUS 3RC7, an intelligent link plug-and-play module that offers complete data transparency down to the field level. The expansion module combines information technology (IT) and operational technology (OT) with minimal […]

Siemens’ new intelligent link module combines IT with operational technology

(WO) — Siemens has launched SIRIUS 3RC7, an intelligent link plug-and-play module that offers complete data transparency down to the field level. The expansion module combines information technology (IT) and operational technology (OT) with minimal […]