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News Ticker
  • [ June 20, 2025 ] Oil dips as Trump indicates Iran strike decision will take time News
  • [ June 20, 2025 ] Oil prices slip as US sanctions ease fears of escalation in Iran News
  • [ June 20, 2025 ] Mozambique energy minister optimistic on TotalEnergies’ plan to resume LNG project News
  • [ June 20, 2025 ] Expro wins well test contract for major UK CCS project News
  • [ June 19, 2025 ] Halliburton, Petronas announce partnership for subsurface modeling, reservoir management News
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News

InCapture joint venture, Halliburton to collaborate on commercial-scale CCS project

InCapture and joint venture partners SK earthon Australia and Carbon CQ have awarded Halliburton Australia the full scope of the G-15-AP CCS Declaration of Storage Project and signed a memorandum of understanding ( MOU) with […]

News

Oil revival plan put forth by Ecuador’s president falters amid re-election effort

(Bloomberg) – Ecuador President Daniel Noboa’s plan to revitalize the nation’s biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Since striking a deal last year […]

News

Deferred well plug and abandonment could add $5.5 billion to UK decommissioning bill

(WO) – Latest analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for North Sea decommissioning. Political and fiscal uncertainty has impacted […]

News

Canada’s Whitecap, Veren announce $10.4 billion merger to form major shale producer

Whitecap Resources and Veren today announced a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The all-share deal holds a value […]

News

MODS wins contract to deploy software for global offshore asset management

MODS, a leading provider of intelligent industrial asset management software, has secured a two-year contract with one of the world’s largest industry-leading offshore engineering consultancies. The agreement will see MODS’ new client implement […]

News

Oil declines for seventh week amid tariffs, Ukraine truce talks

(Bloomberg) – Oil’s one-day advance wasn’t enough to rescue prices from a seventh straight weekly decline as the prospect of a temporary truce in Ukraine capped on-again, off-again tariff news that upended global markets. […]

News

DNO to acquire Sval Energi, quadrupling North Sea oil output

Norwegian oil company DNO has reached an agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million (USD) based on an enterprise value of $1.6 billion. The Sval Energi […]

News

ADNOC looks to purchase U.S. natural gas fields as part of expansion strategy

(Bloomberg) – The United Arab Emirates’ biggest oil company is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the […]

News

African national oil companies (NOCs) partnering with independents to drive E&P

Africa’s national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. By strengthening their balance-sheets through partial privatization, transferring their regulatory roles to independent entities and acquiring more […]

News

Cat Oil & Gas launches new gas-powered system to streamline frac operations

Caterpillar Oil & Gas has developed its new Caterpillar® Gas Mechanical System (GMS), a fully integrated power solution, purposefully built to bring optimum mechanical efficiency and simplicity to frac operations, while utilizing 100% natural […]

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Recent News

  • Oil dips as Trump indicates Iran strike decision will take time

    Oil dips as Trump indicates Iran strike decision will take time

    June 20, 2025
  • Oil prices slip as US sanctions ease fears of escalation in Iran

    Oil prices slip as US sanctions ease fears of escalation in Iran

    June 20, 2025
  • Mozambique energy minister optimistic on TotalEnergies’ plan to resume LNG project

    Mozambique energy minister optimistic on TotalEnergies’ plan to resume LNG project

    June 20, 2025
  • Expro wins well test contract for major UK CCS project

    Expro wins well test contract for major UK CCS project

    June 20, 2025
  • Halliburton, Petronas announce partnership for subsurface modeling, reservoir management

    Halliburton, Petronas announce partnership for subsurface modeling, reservoir management

    June 19, 2025
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