What’s Next for Carbon Capture Technology? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Mar 07, 2025, 1:00 PM CST CCS projects are receiving significant investments, but...Continue Reading
Norweigan oil company DNO has reached an agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million (USD) based on an enterprise value of $1.6 billion. The Sval Energi assets will enable DNO to quadruple its North Sea production. SourceContinue Reading
The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same...Continue Reading
Rystad: Oil Prices Under Pressure, But Don’t Expect a Freefall | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Mar 07, 2025, 11:30 AM CST Oil prices took a hit this week,...Continue Reading
ADNOC is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the matter. CEO Sultan Al Jaber is set to outline the investment strategy, including a U.S. focus, during a speech at the CERA Week energy conference in Houston on...Continue Reading
“Drill, Baby, Drill”: Natural Gas Producers Eye a Boom | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Mar 07, 2025, 11:00 AM CST Rising natural gas prices, up 160% in...Continue Reading
By strengthening their balance-sheets through partial privatization, transferring their regulatory roles to independent entities and acquiring more assets, African NOCs are emerging as strong partners for foreign firms. SourceContinue Reading
Caterpillar Oil & Gas has developed its new Caterpillar® Gas Mechanical System (GMS), a fully integrated power solution, purposefully built to bring optimum mechanical efficiency and simplicity to frac operations, while utilizing 100% natural gas. SourceContinue Reading
Shell Boosts Deepwater Oil Production Offshore Malaysia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 07, 2025, 10:30 AM CST Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday...Continue Reading
Oil Prices Begin to Recover After a Turbulent Week | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Mar 07, 2025, 10:00 AM CST After what has been a rollercoaster of a week for oil markets, oil prices started to recover...Continue Reading
