Industry & Analysis
News
October 17, 2024
The Railroad Commission of Texas (RRC) has imposed more than $1 million in fines on operators and businesses within the state’s oil and gas industry.
News
October 17, 2024
Oman’s state energy company raised $2 billion from the initial public offering of its exploration and production business, marking the sultanate’s biggest listing on record.
News
October 17, 2024
Peru’s government can’t find board members to lead its struggling state-owned oil company more than five weeks after its last board resigned.
News
October 16, 2024
Enverus industry analysts have released a summary of 3Q24 upstream M&A activity, with the pace of deals significantly slowing in the third quarter of 2024 to just $12 billion in announced deals.
News
October 16, 2024
Iran suffered an oil leak just a few miles from Kharg Island, its top export terminal in the Persian Gulf, according to a local news source and shipping official.
News
October 15, 2024
Enverus Intelligence Research gives an in-depth analysis of challenges and opportunities in hydrocarbon supply amid commodity price volatility
News
October 15, 2024
Oil prices dropped and concerns over supply chain disruption were eased Tuesday after a report that Israel may avoid targeting Iran’s crude infrastructure. Traders’ focus is now turned back to the International Energy Agency’s expectations of a surplus early next year.
News
October 14, 2024
OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use.
News
October 13, 2024
At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer’s stock reached a 10-year high this week.
News
October 11, 2024
The U.S. Export-Import Bank authorized a $690 million loan to help build a petrochemical plant in Malaysia, despite objections from climate activists.
News
October 11, 2024
bp Plc expects its net debt to have risen in the third quarter due to lower refining margins and changes to the timing of asset sales.
News
October 11, 2024
The U.S. broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran.
News
October 10, 2024
The National Ocean Industries Association (NOIA) has awarded SEACOR Marine the third annual ESG Excellence Award, recognizing the company’s significant contributions to environmental, social, and governance (ESG) performance in the offshore energy industry.
News
October 10, 2024
Iraq’s semi-autonomous region of Kurdistan has cut its oil production by half upon request from Baghdad, as the second-largest producer in OPEC tries to meet its output quota.
News
October 10, 2024
Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominee’s campaign for a second term in the White House.
News
October 10, 2024
Gulf Marine Services is pleased to announce the award of a new long-term contract in Europe and the extension of two existing contracts in the Middle East, bringing the backlog total to $505 million.
News
October 09, 2024
The 2024 Gulf Energy Information Excellence Awards was held on Wednesday evening at the Post Oak Hotel in Houston, Texas (U.S.). The black-tie gala recognized the energy industry’s leading innovations and thought leaders.
News
October 10, 2024
Woodside has finalized the acquisition of Tellurian Inc. and its U.S. Gulf Coast Driftwood LNG development for approximately $900 million in cash, or $1.00 per share, with an implied enterprise value of $1.2 billion.
News
October 09, 2024
ADNOC Gas is using advanced 3D printing technology to manufacture critical replacement components, aiming to save $50 million by 2028. The company has created one of the largest digital libraries in the energy industry, storing over 3,500 scanned components that can be printed on demand.
News
October 09, 2024
The Railroad Commission of Texas (RRC) has exceeded key performance goals set by the Texas Legislature for Fiscal Year 2024, continuing its strong record of protecting public safety and the environment.
News
October 09, 2024
Jindal Power Ltd. is walking away from a venture that would have operated an oil-processing facility for Venezuela’s state-controlled crude producer, according to people familiar with the matter.
