U.S. oil and gas trade groups, including the Independent Petroleum Association of America (IPAA) and the National Ocean Industries Association (NOIA) released statements after Senate Energy & Natural Resources Committee Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY) introduced the permitting reform package, the Energy Permitting Reform Act of 2024. SourceContinue Reading

Stock Market’s Short-Term Focus Threatens Energy Transition Goals | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jul 22, 2024, 5:00 PM CDT KKR: The energy transition would need a major change in...Continue Reading

Valaris Limited has been awarded a multi-year contract with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA (“Equinor”), for drillship VALARIS DS-17. The contract relates to work offshore Brazil on Project Raia. Equinor’s project partners are Repsol Sinpoec Brazil (35%) and Petrobras (30%). SourceContinue Reading

The campaign was conducted by the Petrodec HAEVA rig and has delivered sustained production gains of around +5 MMcfd, in line with expectations.  The planned scope was completed ahead of schedule and within budget, confirming the technical and commercial success of the project. SourceContinue Reading

SK E&S, a South Korean energy producer with operations in the U.S., has entered into a significant multimillion-dollar agreement to support energy research at the Hamm Institute for American Energy at Oklahoma State University. SourceContinue Reading

The Kintore-based company’s first ever scope of work in Canada has involved the supply of three subsea battery-powered control systems to maintain integrity of the subsea electrical infrastructure when topside electrical power is unavailable. SourceContinue Reading

NFE’s proprietary Fast LNG design is the first of its kind, pairing the latest advancements in modular liquefaction technology with jack up rigs or similar offshore infrastructure to enable a faster deployment schedule than traditional liquefaction facilities. SourceContinue Reading

Geomagnetic Storms Could Devastate Washington DC’s Power Supply | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 22, 2024, 3:00 PM CDT We have previously noted the early indicators of the sun’s upcoming 11-year solar cycle. Currently, Solar Cycle 25 is at...Continue Reading

Indonesia Considers Russian Crude as Domestic Production Falls | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Jul 22, 2024, 2:30 PM CDT Former OPEC member Indonesia is looking to buy Russian crude for the...Continue Reading

Solar Surplus: California’s Renewable Energy Dilemma | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jul 22, 2024, 2:00 PM CDT California grapples with excess solar power...Continue Reading