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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

A marginal field bidding round was launched in 2020 to entice indigenous operators to invest in marginal field opportunities, drawing in 591 companies seeking to develop 57 oilfields. Improved fiscals introduced through Nigeria’s Petroleum Industry Act in 2021 further enticed investments by both international and regional players.

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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. billion between 2020 and 2030 for decarbonization projects, with €3.1 billion in 2024.

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Industry Bodies Look at Texas Upstream Employment in May

Rigzone

In the statement, TXOGA noted that, “since the Covid-low point of September of 2020”, the sector has added 51,200 Texas upstream jobs, which TXOGA pointed out is a 33.7 percent increase and an average growth of 875 jobs per month.

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Wink to Webster: The 1.5M bpd Superhighway Out of the Permian

Oil Gas Leads

petroleum infrastructure—backed by careful planning, robust financial support, and community coverage. miles Current Permitted Mileage (2024): 521.71 miles Current Permitted Mileage (2024): 521.71 miles Current Permitted Mileage (2024): 521.71

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PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum

Rigzone

Natural Gas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum by Paul Anderson | Rigzone Staff | Tuesday, June 10, 2025 | 2:28 AM EST The contract involves maintenance and upgrades to sustain production levels across offshore assets in the South China Sea.

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4 Oil Market Myths That Just Won’t Die

OilPrice

became a net petroleum exporter in 2020 for the… From campaign slogans to cocktail party arguments, here's what the data really says. 1) The U.S. is Energy Independent Energy independence has been a key slogan in the campaigns and presidential terms of President Donald Trump.

Oil
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ConocoPhillips files to expand arctic drilling near $7.5 billion willow project

Oil & Gas 360º

billion Willow oil development in Alaska’s National Petroleum Reserve, Bloomberg reports. The proposal, filed with the Bureau of Land Management, would significantly extend the company’s Arctic footprint and marks its most ambitious exploration effort in the region since 2020. The price of Alaska North Slope crude averaged $85.24

E&P