MedcoEnergi has recorded a reduction of more than 1.5 million tons of Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline. This amount surpasses the company’s 2025 target of 1.08 million tons CO₂e. SourceContinue Reading
Rystad Energy’s latest research shows the global amount of discovered, recoverable oil resources has increased by 5 billion barrels over the past year, even though 30 billion barrels were produced globally in 2024. SourceContinue Reading
A new report from the Texas Independent Producers and Royalty Owners Association (TIPRO) highlights new employment figures showing a decrease in upstream employment in Texas in the month of July. SourceContinue Reading
A new report from the Texas Independent Producers and Royalty Owners Association (TIPRO) highlights new employment figures showing a decrease in upstream employment in Texas in the month of July. SourceContinue Reading
Petroliam Nasional Bhd. (Petronas) is still discussing details of a cooperation framework with Sarawak’s oil company as part of efforts to resolve an ongoing dispute over gas resources in the state. SourceContinue Reading
Centrica Plc signed a 10-year agreement to buy natural gas from Devon Energy Corp. to help expand its activities across the Atlantic. SourceContinue Reading
Algeria is close to finalizing a deal with ExxonMobil and Chevron to tap the North African nation’s vast gas reserves, including shale, for the first time, a senior official said. SourceContinue Reading
Tenaris has reached a new technical milestone in offshore Brazil with the successful deployment of corrosion-resistant alloy (CRA) tubulars with its renowned Dopeless® technology in two wells located in the Búzios and Jubarte fields. SourceContinue Reading
Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being fueled by the Bourdon discovery in the offshore Dussafu License in March 2025, alongside production increases led by Perenco, BW Energy and VAALCO Energy. SourceContinue Reading
Azule Energy, a joint venture between bp and Eni, is fast-tracking its Namibia oil operations as it competes with companies including TotalEnergies SE to be among the first to produce crude in one of the world’s newest hotspots. SourceContinue Reading
