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World Oil News
Paradigm has announced an expanded Aberdeen facility which will house its growing workforce and asset base, enabling it to deploy technologies that lower the carbon impact and cost of traditional oil and gas exploration and production operations. Source
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(Bloomberg) – Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan. Petrobras’ eight-person executive office proposed that amount for the 2025-2029 period, according to a filing Monday. Source
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The Energy Workforce & Technology Council (EWTC) and National Ocean Industries Association (NOIA) have both voiced their support of President-elect Trump’s choices for U.S. Energy Secretary and U.S. Interior Secretary, respectively. Source
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Following this week’s sixth-annual South Asian Geoscience Conference and Exhibition 2024, also known as GEO India, the Association of Petroleum Geologists (APG) India has shared its key highlights from the industry event. Source
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Texas A&M University has announced the launch of a new Chancellor’s National Academy STEM Ph.D. Fellowship Program, an elite opportunity for students pursuing graduate studies in science, technology, engineering and mathematics (STEM). Source
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Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geothermal Energy Utilization and Storage. Source
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ChampionX has completed a multi-million-dollar transformative project to enhance its chemical manufacturing hub in the Permian Basin. The project is a key initiative to meet industry demands while reducing inter-plant transportation, and associated carbon emissions, by approximately 56.7 tons of CO2 per year. Source
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Today in Newsweek, API President and CEO Mike Sommers outlines how the next administration and new Congress can advance commonsense energy policies that work for all Americans. Strength in leadership, homegrown production and upholding consumer choice are among his top points to consider. Source
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National Ocean Industries Association (NOIA) President Erik Milito voiced his support following President-elect Trump’s nomination of North Dakota Governor Doug Burgum as the next Secretary of the Interior. Burgum is also nominated as chair of the new National Energy Council. Source
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The Energy Workforce & Technology Council (EWTC) has issued a statement in support of Chris Wright, CEO of Liberty Energy, following his nomination as the United States Secretary of Energy. The EWTC praised Wright’s leadership and his commitment to advancing American energy. Source
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