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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

“Facilities such as this will play an instrumental part in supporting marginal field production by facilitating crude exports and increasing revenue generation in Nigeria,” said the African Energy Chamber (AEC) in a statement. “As For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency.

Field 130
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US natgas end-of-season storage seen at three-year low in October

Oil & Gas 360º

That compares with an eight-year high of around 3.938 tcf at the end of the summer injection season in 2024 and a five-year (2020-2024) average of 3.782 tcf. The 387 active storage fields in the Lower 48 states had a design capacity of 4.671 tcf in November 2024, according to the latest federal data available. (BOE Report) – U.S.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Of this, 40% is dedicated to slowing down production declines at existing fields. In Qatar , domestic investment has ramped up sevenfold since 2015 with the accelerated development of the huge North Field, while foreign investment has quadrupled in the same period.

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Petronas to Cut 10 Pct of Workforce on Profit Slump

Rigzone

“The margins are shrinking, the fields are getting smaller,” Taufik said. Taufik, who has been heading Petronas since 2020, said it needs to be competitive with international oil majors and not just other national oil companies. To achieve that, Petronas is looking for opportunities abroad as fields at home shrink.

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Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation

Enverus

Andrew McMurray, CEO of ShearFRAC, said, “Enverus was the obvious choice for us as a technology service business in the oil field services space. Enverus customers joined in explaining how they were benefiting from EVOLVE. They have a very intuitive platform that allows me to get my colleagues up to speed very quickly.

Energy 130
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

2 Total 2020 emissions are based on the EU Emissions Trading System (ETS) 2020, considering only industry emissions. Since 2020, EU ETS allowance prices have increased from €25/ton CO 2 to approximately €60 to €80/ton today. Power generation is not included. “ETS database v51,” European Environment Agency, May 2023.

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ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea

Rigzone

miles) northeast of the Heidrun field and about 270 kilometers (168 miles) north of Kristiansund. The Directorate reported that the Slagugle oil discovery, proven in 2020, holds an estimated 4.9 The second appraisal well, 6507/5-12 S, was drilled about 22 kilometers (13.7

Oil 104