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World Oil News
SLB has announced a definitive agreement to sell its interests in the Palliser Block located in Alberta, Canada. The block consists of oil and gas wells, surface facilities, a pipeline network and certain oil and gas development rights. Source
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Energy NL hosted their annual awards gala to recognize growth, innovation and outstanding achievements of Newfoundland and Labrador energy industry leaders. Source
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An oil terminal Iran built to bypass the vital Strait of Hormuz appears to have partially filled with crude — offering Tehran a means to get a little of its oil into the world without using the waterway. Source
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Siemens’ new SIRIUS 3RC7 intelligent link module offers complete data transparency down to the field level with minimal installation and commissioning effort. Source
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ADNOC has announced the deployment of AIQ’s Advanced Reservoir 360 (AR360) solution on more than 30 reservoirs across ADNOC’s upstream operations, following the solution’s initial success in early 2024. Source
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ABS has secured a contract to provide and test a digital twin solution for real-time condition monitoring for a Petrobras FPSO unit. Source
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In response to rising tensions in the Middle East, Rystad Energy is sharing analysis from its local team on the potential implications for the region‘s upstream sector and the global oil and gas market. Source
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The American Petroleum Institute is challenging EPA’s emissions standards for heavy-duty (HD) vehicles. These restrictive mandates are opposed by most voters in battleground states, API has found. Source
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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. Source
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Petrobras is pushing to extract as much oil as possible from its existing fields in Brazil while simultaneously hunting for new reserves to prevent production from starting to decline in the 2030s. Source
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