trends

Enverus Intelligence® Research (EIR), a subsidiary of Enverus, has released its annual Montney and Duvernay Play Fundamentals that examines recent drilling trends, well inventory counts and associated economics within both Canadian plays. “The […]

Empire Petroleum Corporation announced that it has entered into an amendment to its Revolver Loan Agreement with Equity Bank, increasing the total principal commitment to $20.0 million, up from an initial $10.0 million through December […]

The African Energy Chamber (AEC) has voiced its support for the inaugural Congo Energy & Investment Forum (CEIF), set to take place in March 2025. Unveiled during African Energy Week: Invest in African Energies in […]

McDermott has received the International Organization for Standardization (ISO) 50001 certification for energy management at four of its major fabrication yards: the Batam Fabrication Yard (BFY) in Indonesia, the Jebel Ali Fabrication Yard (JAY) in […]

(Bloomberg) – OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group said. “This strategy […]

A team of researchers from across the University of Oklahoma Mewbourne College of Earth and Energy, Los Alamos National Laboratory, with industry partners, have been awarded an $18.7M grant from the U.S. Department of Energy […]

(Bloomberg) – BP Plc anticipates strong growth in the U.S. as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand. “We look forward to […]

ADNOC Logistics and Services announced it has taken delivery of ‘Al Shelila,’ the first of six newbuild liquified natural gas (LNG) carriers from Jiangnan Shipyard in China. The vessel has been delivered two months ahead […]

ConocoPhillips today announced that it has completed its acquisition of Marathon Oil Corporation. “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while […]

Oil States has introduced an industry-first Low Impact Workover Package (LIWP), announced this week at the SPE/ICoTA 30th European Well Intervention Conference in Aberdeen, Scotland. Oil States brings more than four decades of […]