trends

Image: Equinor  Image: Equinor (Bloomberg) – Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor’s new Johan Castberg field in the Barents Sea.  […]

(Bloomberg) – Liquefied natural gas demand and prices are both set to rise through the end of this year, according to Woodside Energy Group Ltd., Australia’s biggest producer of the fuel.  Woodside CEO […]

(Bloomberg) – Tullow Oil Plc is in talks with its bondholders about refinancing a nearly $1.3 billion bond due next year, as the imminent maturity adds to pressure on the Africa-focused oil explorer.  […]

ProFrac and Seismos have entered a strategic partnership for the launch of Closed Loop Fracturing, now available across all major U.S. basins.  The collaboration marks the first large-scale deployment of an extensively operator-validated, […]

ExxonMobil has signed a long-term agreement with Cerebre to accelerate and sustain ExxonMobil’s Foundational Digital Backbone. This strategic collaboration underscores ExxonMobil’s commitment to data and innovation targeted at driving enterprise operational efficiency.  About […]

MedcoEnergi has recorded a reduction of more than 1.5 million tons of Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline. This amount surpasses the company’s 2025 target of 1.08 million […]

Rystad Energy’s latest research shows the global amount of discovered, recoverable oil resources has increased by 5 billion barrels (bbls) over the past year, even though 30 billion bbls were produced globally in 2024. This […]

Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) have highlighted new employment figures showing a decrease in upstream […]

(Bloomberg) — Petroliam Nasional Bhd. is still discussing details of a cooperation framework with Sarawak’s oil company as part of efforts to resolve an ongoing dispute over gas resources in the state.   […]

(Bloomberg) — Centrica Plc signed a 10-year agreement to buy natural gas from Devon Energy Corp. to help expand its activities across the Atlantic.  Centrica Energy, its trading arm, will receive 50,000 million […]