Industry & Analysis
News
April 09, 2024
Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a new report highlighting the organization’s view that it does not expect global oil demand to peak or plateau by the end of the decade.
News
April 09, 2024
European supermajors have historically lagged behind their U.S. peers, with some investors pointing at large spending on renewables as part of the reason why shares have underperformed.
News
April 09, 2024
Investors would likely support mergers between major Canadian energy producers that increased scale and improved cost efficiencies — and Canadian companies are in a position to do such deals, said Brad Wells, head of energy at BMO Capital Markets.
News
April 08, 2024
Crude futures topped $90 a bbl last week for the first time since October as a combination of robust consumption, output disruptions and geopolitical risks pushed prices higher.
News
April 08, 2024
Jamie Dimon said U.S. delays of liquefied natural gas (LNG) projects were done for “political reasons” to pacify those who believe oil and gas projects should be stopped — a position he calls “wrong” and “enormously naïve.”
News
April 07, 2024
The American Petroleum Institute released a statement from API Senior Vice President and General Counsel Ryan Meyers on the U.S. Securities and Exchange Commission’s decision to stay its climate-related risk disclosure rule while courts adjudicate its legality.
News
April 07, 2024
Brent crude rallied more than 2% to climb above $90 a barrel on Thursday after Israeli Prime Minister Benjamin Netanyahu vowed to retaliate to any attack from Iran, despite the United States urging Israel to protect civilians.
News
April 05, 2024
Chesapeake Energy Corp.’s $7.4 billion takeover of Southwestern Energy Co. has been delayed until the second half of the year after antitrust regulators demanded more details from the natural gas operators.
News
April 04, 2024
Elected officials and trade groups representing businesses across the supply chain are sounding the alarm over the Biden administration’s new emissions standards for heavy-duty trucks which could threaten the speed and cost of goods moving throughout the country.
News
April 04, 2024
Prates’ potential departure after more than a year in the role underscores how Petrobras struggles to meet conflicting expectations from the government and minority shareholders.
News
April 04, 2024
A panel of key members led by Saudi Arabia recommended no policy changes at an online review meeting on Wednesday, according to a statement posted on the group’s website. That means roughly 2 MMbpd of production curbs will remain in place until the end of June.
News
April 04, 2024
Senegal will review agreements signed with oil and gas and other resources companies to ensure they’re optimized for the state to benefit, newly elected President Bassirou Diomaye Faye said.
News
February 01, 2024
Since its initial release nearly 40 years ago, API Specification Q1 has undergone numerous revisions, adapting to the evolving demands for safety and excellence in the natural gas and oil industry.
News
April 03, 2024
Helms joined the Houston executive management team in 2012 as Executive Vice President, Exploration and Production, managing EOG's operations across several divisions along with the company's Engineering and Acquisitions and Business Development functions.
News
April 03, 2024
The Energy Department said it was “keeping the taxpayer’s interest at the forefront” in its decision not to purchase as many as 3 MMbbl of oil for a Strategic Petroleum Reserve site in Louisiana.
News
April 02, 2024
Lawyers for Shell said on the first day of the appeal in The Hague that a 2021 ruling ordering the oil and gas giant to slash its greenhouse gases faster had no legal basis, would be ineffective and counterproductive and could have disastrous consequences for the Netherlands.
News
April 02, 2024
The acquisition will help SLB expand its artificial lift technology, which helps keep output from older wells flowing. SLB has the biggest market share in artificial lift with 21%, and ChampionX will add to that with its 5% of the market, according to Evercore ISI, citing data from industry consultant Spears & Associates.
News
April 01, 2024
In 2024, ADNOC Gas will continue enhancing operational efficiency and driving accelerated growth with a focus on decarbonization, digital transformation, and artificial intelligence (AI)-led technology innovation.
News
March 31, 2024
American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued a statement on EPA’s newly finalized heavy-duty vehicle standards covering model years 2027 through 2032:
News
March 31, 2024
India — the third-largest crude importer and Moscow’s second largest buyer after China — is the latest market seeing an influx of U.S. oil. American shipments to India are set to jump in March to the highest in nearly a year, according to data from crude tracking firm Kpler.
News
March 28, 2024
Market sentiment still lacks the exuberance of early 2023, when traders widely proclaimed the return of $100 oil, but Wall Street banks like Morgan Stanley and trading giants such as Trafigura Group are predicting further price gains.
