(Bloomberg) – Oil gained Friday as traders braced for fresh U.S. efforts to crimp Russian energy exports. West Texas Intermediate advanced almost 3% to settle above $68 a barrel after President Donald Trump […]
Houston-based technology company Xecta has expanded its partnership with global energy company Santos to scale the deployment of the Integrated Production System Model (IPSM) across the company’s assets in Eastern Australia and Papua New Guinea. […]
Novak was also quoted as saying that the government was still discussing a possible complete gasoline export ban and that the decision depended on market prices in the next few days. Russia has to compensate […]
Perenco has completed its acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago, the company announced Friday. The finalization of the deal, combined […]
Russia, the holder of world’s largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022. At the same time, Russia’s diversification […]
ASTM International is developing a standard (WK92298) that will provide a procedure to measure the rate of evaporation of oil over time and with temperature, the company announced. The test method aims to measure the […]
*Afieyegha Seiyefa, a fisherwoman shows her hands stained by oil, following an oil spill at Santa Barbara in Nembe, in Bayelsa, Nigeria, November 25, 2021. Picture taken November 25, 2021. REUTERS/Temilade Adelaja – Strengthen climate […]
Mach Natural Resources today announced its expansion into the Permian and San Juan basins with two acquisitions valued at a total of $1.3 billion. The assets purchased from Sabinal Energy and IKAV Energy will nearly […]
*Gimi FLNG vessel – Joins AEW 2025 as Gold Partner Cape Town, South Africa — Golar LNG has officially announced that its FLNG Gimi vessel has reached its Commercial Operations Date (COD) under the 20‑year lease-and-operate agreement […]
*People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. – […]
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