trends

Jennifer A. Dlouhy March 19, 2025 (Bloomberg) – The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution […]

In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively […]

The American Petroleum Institute today joined over 100 other trade groups representing a wide range of stakeholders in sending a letter to House and Senate leadership welcoming Congress’ efforts to protect consumers and reverse California’s […]

MOL has discovered a new oil field near Somogysámson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. According to the results, the […]

Baker Hughes and NextDecade Corporation have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (Equipment Packages) and enter into contractual services agreements to perform maintenance […]

 Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman spoke out in support of President Donald Trump’s recent signing of the H.J.Res.35, which through the Congressional Review Act process disapproves of […]

There has been much talk from analysts and industry leaders of an impending plateau or peak for oil demand by 2035, or even as soon as 2030. During a strategic roundtable at this week’s CERAWeek […]

(WO) – In many of the panels during CERAWeek 2025 by S&P Global—whose event boasted a record-breaking over 10,000 attendees this year—LNG cropped up as an ever-present staple of discussion.  In many cases, such as […]

Kistos, an independent energy company focused on generating value across the upstream and midstream markets, noted the announcement made today by Vår Energi, the operator of the Balder Area, regarding the tow-out of the Jotun […]

Gulf Marine Services (GMS), a leading provider of self-propelled, self-elevating support vessels to the offshore energy industry, has secured three-year contract extensions with a major National Oil Company (NOC) in the Middle East […]