Industry & Analysis
News
November 15, 2024
(Bloomberg) – The head of Liberty Energy Inc., the world’s second-largest fracing services company, has gained prominent endorsements as a potential pick for Donald Trump’s energy secretary.
News
November 15, 2024
On the back of a series of policy reforms and regulatory changes, Ghana has positioned itself as a globally competitive oil and gas market, with ambitious energy targets and goals to boost oil production while stimulating development across the natural gas value chain.
News
November 14, 2024
Pepperstone today shared an in-depth analysis of the latest movements in the international oil markets and short-term scenarios. Trading is centered around $67 per barrel, a level that has limited declines since September and reflects uncertainty about market outlook, the report states.
News
November 13, 2024
Viasat, Inc. has shared its ‘State of Industrial IoT in 2024’ report, which finds energy is leading investment in IoT. The oil and gas sector has remained steady in its investment ($3.2m) since 2021, while renewables moves to increase its investment figures ($3.5m).
News
November 13, 2024
The American Petroleum Institute (API) has released a new policy roadmap for the incoming Trump administration and next Congress to secure American energy leadership and help reduce inflation.
News
November 11, 2024
(Bloomberg) – India's Oil and Natural Gas Corp.’s (ONGC) quarterly profit beat analyst estimates despite a dip in production and weak crude prices. ONGC's net income rose 17% from a year earlier to 119.8 billion rupees ($1.4 billion) in the July-September quarter, according to a stock exchange filing Monday.
News
November 11, 2024
ADNOC Gas plc and its subsidiaries today announced strong earnings for the third quarter of 2024, with net income increasing 11% year-on-year (YoY) to $1.24 billion, beating Bloomberg consensus for the quarter.
News
November 11, 2024
Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) showcased six high-potential onshore licensing opportunities and extensive data packages at African Energy Week: Invest in African Energies.
News
November 10, 2024
The Republic of Congo (ROC) is preparing a new Gas Code to incentivize investment across the natural gas value chain. Concurrently, the country is preparing to launch its Gas Master Plan (GMP), serving as a roadmap for investing in the ROC’s gas sector.
Article
October 2024
Part 2: Since 1929, the Independent Petroleum Association of America (IPAA) has advocated for, protected and defended thousands of independent producers. As the association nears its 95th Annual Meeting in October, this second of two articles examines the last 30 years.
Article
October 2024
Oil prices faced another dip in September, following a recovery in August levels. Prices are expected to rise for October, when the final data are compiled.
News
November 07, 2024
Western Energy Alliance today congratulated the newly re-elected president Donald J. Trump. The association of western oil and natural gas exploration and production companies also recognized Senator Steve Daines (MT) for his successful chairmanship of the National Republican Senate Committee flipping the U.S. Senate.
News
November 06, 2024
Former President Donald J. Trump will be President again, come Jan. 20, 2025, after his historic comeback win in the U.S. presidential election of Nov. 5. World Oil Editor-in-Chief Kurt Abraham gives his take on what change the election results could bring for the oil and gas industry.
News
November 06, 2024
The National Ocean Industries Association (NOIA) issued a statement congratulating President-elect Trump, and expressing belief that the benefits of American offshore energy production transcend political affiliations.
News
November 06, 2024
The Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman issued a statement on the results of the 2024 presidential election, congratulating Trump and expressing enthusiasm for Trump's commitment to energy leadership.
News
November 06, 2024
The American Petroleum Institute (API) President and CEO Mike Sommers have issued a statement congratulating President Trump on his election victory.
Article
October 2024
(WO) -- We’ve all heard plenty of evidence that U.S. operators continue to strive to drill more footage per well to maximize oil production, and World Oil research indicates that both goals are being achieved. That being said, the performance varies among some key states.
Article
October 2024
(WO) – The Middle East has historically been an important contributor to the global oil and gas market, with numerous prolific reservoirs. Accordingly, analysts and investors expect to see some big changes over the next 12 months.
News
November 05, 2024
Nighthawk Completion Services has received a majority investment and growth equity commitment from an investor group led by Bruce Ross, including Backcast Partners and certain energy service executives.
News
November 04, 2024
(Bloomberg) – Some oil explorers are “not satisfied” with South Africa’s industry rules that were signed into law last month, according to a lobby group. The Upstream Petroleum Resources Development Act includes regulations for the ownership and development of oil and gas blocks.
News
November 03, 2024
During its 95th Annual Meeting in Boca Raton, Fla., last week, the Independent Petroleum Association of America (IPAA) announced its new chairman for a two-year term while also revealing its first Chief Roughneck Award winner in five years. The two-day event hosted independent producers from across the U.S.
