Drawing on this longstanding cooperation and aiming to support the goals of the Paris Agreement, Equinor and Rosneft will join forces to develop low carbon solutions and reduce the carbon footprint from joint projects. SourceContinue Reading
At an open meeting of the Railroad Commission of Texas, Commissioner Wayne Christian was unanimously elected Chairman for a second time. SourceContinue Reading
OPEC sees oil demand continuing to grow to the middle of next decade, even as world leaders prepare for another attempt to avert catastrophic climate change. SourceContinue Reading
European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts. SourceContinue Reading
CGG announced the award to Sercel of a major contract to supply land seismic equipment for a 3D mega-crew survey in North Africa. SourceContinue Reading
The upstream oil and gas industry is investing heavily in search for new reserves or resource plays, new extraction technologies, and advancements in operational automation. SourceContinue Reading
Oil’s latest upswing has come with a flurry of bullish price predictions from banks and traders, forecasts for surging demand this winter, and speculation that the industry isn’t investing enough to maintain supplies. SourceContinue Reading
Inmarsat has secured a contract for its new Fleet LTE service, covering the connectivity needs of several Solstad Offshore North Sea vessels. SourceContinue Reading
A $1 billion project to haul natural gas from Pennsylvania to New Jersey has become the latest casualty of opposition to pipelines across the U.S. SourceContinue Reading
Investors placed more than $34 billion of orders for Abu Dhabi-based ADNOC Drilling Company PJSC’s $1.1 billion initial public offering, further underscoring the global clamor for equity deals. SourceContinue Reading