trends

(Bloomberg) – The plunge in oil prices over the past week was more severe than the market’s dynamics justify, and the drop may be short-lived, according to Canadian energy executives gathered in Toronto. […]

(Bloomberg) – The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about missed putts or lost balls. The Texas oilmen on the fairways had a more serious […]

U.S. Energy Secretary Chris Wright. Image: official portrait U.S. Energy Secretary Chris Wright will tomorrow begin a nearly two-week tour of three Middle East countries, including Saudi Arabia, marking his first visit as […]

The collaboration will bolster ENERGYai’s AI-powered agents and LLM with deep industry insights. Gulf Energy to provide AIQ with exclusive access to its proprietary datasets, and industry-leading documents ENERGYai is already trained on […]

TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a shallow water ocean bottom node (OBN) acquisition contract in Trinidad. The 3D baseline contract is scheduled […]

Liebherr has successfully sold two offshore cranes of the type RL 2600 (Ram Luffing 2600) and RL-K 2600 (Ram Luffing knuckle boom 2600) to Singapore-based Yinson Production. The cranes will support the Agogo FPSO (Floating […]

(Bloomberg) – Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed up an output revival battered crude prices. The Joint Ministerial […]

(Bloomberg) – Brazil’s state-controlled oil producer Petroleo Brasileiro SA said it has finished building a wildlife rescue center, marking a step toward its first exploratory well in a promising yet contentious region offshore the country’s […]

The Railroad Commission of Texas this week released preliminary data on statewide oil and gas production for the month of January 2025. The figures for this month reflect output from 158,555 oil wells […]

The Railroad Commission of Texas on Friday released its figures for March drilling in the state, showing a noticeable gain over the previous month’s number. The overall figure also tied the level achieved […]