Chevron boosts oil and gas production in New Mexico’s Permian Basin
Chevron is intensifying its oil and gas production in the New Mexico side of the Permian Basin, a region renowned …
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TotalEnergies anticipates decline in Q3 earnings due to low refining margins
TotalEnergies is anticipating a significant decline in its Q3 earnings, primarily due to a substantial decrease in refining margins across …
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Robotics adoption increasing in oil and gas to ease HS&E concerns
Robotics is the branch of technology that deals with the design, construction, operation, and application of robots. The oil and …
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JAPEX, Idemitsu and HEPCO collaborate on CCS projects in Tomakomai, Japan
Japan Petroleum Exploration (JAPEX), Idemitsu Kosan (Idemitsu) and Hokkaido Electric Power (HEPCO) have partnered with the Japan Organisation for Metals …
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Corrosion Inhibitors for the Oil and Gas Industry: Corrosion Prevention and Protection
In the oil and gas industry, the integrity of any infrastructure is critical. Corrosion is a relentless and extremely irritating incursion …
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Congo cancels auction of 27 oil exploration sites citing insufficient competition
Congo's Government has announced the cancellation of an auction for 27 sites that were designated for oil exploration. The decision was …
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Norwegian court rules against environmental injunction on oil and gas fields
The Norwegian appeals court has ruled in favour of the government, dismissing an injunction sought by environmental activists to halt …
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Red Sea oil tanker traffic has dropped by 50% this year, says EIA
The amount of crude oil and oil products flowing through the Bab el-Mandeb, the southern chokepoint at the mouth of …
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Baker Hughes and Repsol collaborate on AI-driven oilfield technology
Baker Hughes and Repsol have partnered to develop next-generation AI capabilities through the Leucipa automated field production solution. This strategic collaboration …
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OPEC revises down oil demand growth again on Chinese uncertainties
In the wake of continuing economic uncertainty in China, the Organization of the Petroleum Exporting Countries (OPEC) has reduced its …
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Nigeria signs gas supply deal for $3.5bn Brass methanol production plant
Nigeria has entered into a gas supply agreement with several joint venture (JV) partners to support a proposed $3.5bn (N5.72trn) …
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ADNOC’s $3.62bn acquisition of controlling stake in Fertiglobe to close tomorrow
Abu Dhabi National Oil Company (ADNOC) has announced that its acquisition of a controlling stake in Fertiglobe from OCI Global …
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Chennai Petroleum to raise $3.3bn for new oil refinery in India
Chennai Petroleum is in discussions with banks to secure a substantial loan of $3.3bn to support the construction of a …
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Woodside completes Scarborough Energy project trunkline installation
Woodside has completed the 433km trunkline installation for the Scarborough Energy project, which is located 375km off the Pilbara coast …
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Revealing the business opportunities of a circular economy
Our traditional linear economy – which is geared to consume resources on a single-use basis – is no longer sustainable. …
