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The eight OPEC+ producers withholding supply to the market are set to complete the unwinding of their 2.2 million barrels per day (bpd) production cuts from 2023 with another supersized output hike of 550,000 bpd for September, five sources with knowledge of the alliance’s discussions told Reuters on Monday.
The completion of the transaction is subject to customary regulatory approvals. At the end of 2023, Eni agreed to sell 9% in Plenitude to Energy Infrastructure Partners (EIP). Under the agreement, global alternative investment manager Ares Management will buy 20% in Plenitude for $2.3 billion (2 billion euros), Eni said on Monday.
(BOE Report) – OTTAWA – A peer review of fossil fuel subsidies between Canada and Argentina — already years behind schedule — stalled after Argentina ceased communication following its 2023 election and subsequent change in government. It was only supposed to take about two years to complete.
a manufacturer of all-electric medium and heavy-duty urban vehicles, has completed production of its first lithium-ion battery pack at the company’s battery manufacturing facility located in Mirabel, Quebec. The Lion Electric Co.,
Freeport LNGs export terminal with three liquefaction trains completely shut down (all three trains) in June 2022 after an explosion and fire (see Explosion Rocks Freeport LNG Export Plant Offline for 3 Weeks). The plant finally returned online in March 2023. What was initially thought to be a three-week outage lasted for ten months.
Vehicle/fleet owners now have until January 31, 2024, to complete the initial reporting requirement and compliance fee payment for 2023. […] The post CARB Extends Clean Truck Check Reporting Deadline appeared first on NGT News.
Electrify America and NFI Industries are planning one of the nation’s single largest charging infrastructure project to support heavy-duty electric trucks, with 34 ultra-fast DC chargers slated for completion by December 2023. NFI will deploy 60 battery-electric drayage trucks, […].
Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Vermilion Energy Completes Exit from USA with Asset Divestment by Rocky Teodoro | Rigzone Staff | Monday, June 09, 2025 | 8:00 AM EST The company said it expects the transaction, which has an effective date of January 1, to close in the third quarter.
This transaction, combined with the sale of our East Finn assets in 2023, completes our exit from the United States, allowing us to focus on our core gas-weighted assets in Canada and Europe,” Vermilion said in a statement.
The completion of the transaction is subject to customary regulatory approvals. At the end of 2023, Eni agreed to sell 9% in Plenitude to Energy Infrastructure Partners (EIP). Under the agreement, global alternative investment manager Ares Management will buy 20% in Plenitude for $2.3 billion (2 billion euros), Eni said on Monday.
Oil & Gas Contact Directory Flowback Consultants and Well Testers Contact List Completions Engineer Contact List Completions Consultant Contact List Drilling Engineer Contact List Drilling Consultant Contact List The post ConocoPhillips & PD 868: Robotics Redefining Drilling in the Canada appeared first on Oil Gas Leads.
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(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt.
According to the latest Baker Hughes report, oil rigs experienced the steepest single-week decline since June 2023, falling by nine to 480. April 14, 2025 The U.S. oil and gas sector faced a notable setback this week as the national rig count dropped by seven, bringing the total to 583 active rigsthe lowest level since early 2022.
Global shipping provider GLS has successfully completed 30,000 kilometers in its evaluation of the Allison Transmission-equipped Hyundai Xcient hydrogen fuel cell truck in Germany.
Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. This report profiles 36 active operators —each of which has spud at least one new well since 2023 —providing a detailed look at production volumes, drilling activity, core acreage, and strategic focus.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, MOL Form CO2 Transport JV by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 4:35 AM EST The partners already completed the front-end engineering design for a 62,000-cubic-meter LCO2 transport vessel. and Mitsui OSK Lines Ltd.
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Exports also surged from 250,000 tonnes in 2023 to 1 million tonnes in 2025. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall. LPG systems were installed in over 41,000 homes and more than 38,000 vehicles.
“We expect ministers will continue the unwinding of the November 2023 tranche of cuts, increasing targets by 411,000 barrels per day for the fourth successive month,” the analysts said in the report. million barrels per day,” they added. million barrels per day in the third quarter of this year and a 0.2
Purchase Complete Directory – Only $10.00 Wells Drilled 2023 – Total wells drilled in 2023. Albert Oil & Gas Operator Directory is a list of Oil & Gas operations in the St. Account Name – Name of the company or entity. Ticker Symbol – Publicly traded stock ticker symbol (if applicable).
The full scope of the contract includes digital directional drilling services and hardware, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, completions, and wireline services. Services will begin in early 2026 and be managed through SLBs Performance Live digital service delivery centers.
Chevron said the stock purchase reflects its continuing confidence in completing the pending acquisition of Hess. In October 2023, Chevron agreed to acquire Hess in an all-stock deal valued at $53 billion, gaining a stake in Guyana’s oil-rich Stabroek block and expanding Chevron’s U.S. shale footprint.
exajoules in 2023, according to the EI’s review. “It has been providing timely, comprehensive and objective data to the energy community since 1952, originally from BP and, since 2023, under the custodianship of the EI and its co-authors KPMG and Kearney,” the release stated. natural gas production came in at 25.37
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Purchase Complete Directory – Only $10.00 Wells Drilled 2023 – Total wells drilled in 2023. The Drayton Valley Oil & Gas Operator Directory is a list of Oil & Gas operations in the St. Account Name – Name of the company or entity. Ticker Symbol – Publicly traded stock ticker symbol (if applicable).
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drilling activity continued to decline last week, marking the sixth consecutive weekly drop in the national rig count—something not seen since late 2023. Capex trends : E&Ps to cut spending 3% in 2025 vs. 2024 2024: Flat spending 2023: +27%, 2022: +40%, 2021: +4% Crude Output Forecast (EIA) : 2024: 13.2 June 9, 2025 U.S.
Purchase Complete Directory – Only $10.00 Wells Drilled 2023 – Total wells drilled in 2023. The Heavy Oil & Gas Operator Directory is a list of Oil & Gas operations in Alberta home to some of Canada’s top oil and gas companies in Western Canada, one of the most prolific oil and gas-producing regions in the world.
(World Oil) –INEOS Energy has completed its acquisition of the U.S. mtpa LNG deal completed with Sempra in December 2022 and the acquisition of Chesapeake Energys oil and gas assets in South Texas in May 2023. Gulf business held by CNOOC Energy Holdings U.S.A. subsidiary of CNOOC International Ltd.
In 2023, Entropy entered a strategic investment with the Canada Growth Fund which includes a $200 million strategic investment and a Carbon Credit Offtake agreement for up to one million tpa of carbon credits for 15 years. Entropy is a privately-owned company applying sophisticated science and engineering to develop commercial CCS projects.
The installations, completed during the 2023-2024 school year, showcase the EOS Linx Aurora Charge Stations. EOS Linx, an owner and operator of a national electric vehicle charging network, has partnered with Clayton County Public Schools (CCPS) in Jonesboro, Georgia, to install EV charging stations at schools across the district.
court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum after at least three consortia submitted revised bids in June, raising creditors’ hopes of receiving payment for some of Venezuela’s outstanding debt. The second bidding round was completed this year after a string of delays.
Completion is expected 2027. “The project will be delivered by more than 500 Wood engineering, project management and commissioning specialists based in Abu Dhabi with support from the company’s global engineering hubs”, Wood added. Jersey-based Petrofac Ltd. bagged a $1.2
EIA said March 4 the decline was concentrated in Haynesville and Appalachia, where gas rigs declined by a combined 34 percent during 2023 (43 rigs) and 24 percent in 2024 (21 rigs). The decline coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
Permian Basin Marketing Kit – Only $25 Purchase Now Includes – Permian Basin Account List, Rig Report, Wells Drilled 2025 and Well Permits 2025 Permit Totals Down 16% Year-over-Year From January to June 2025, new well permits in the Permian totaled approximately 3,828 , based on daily activity and forecasted June completions.
Methanex Egypt has completed the construction of a 450-meter pipeline and installed a new transfer pump for the direct delivery of methanol from its plant to the adjacent Suez Methanol Derivatives Company (SMD) plant in Damietta to fully meet its methanol requirements. million tons.
Production Overview Leading long lateral developer in Bakken and Three Forks Utilizes advanced completion designs and water recycling infrastructure Summary Table Metric Value Estimated Production ~220,000 boe/d Core Counties DUNN, WILLIAMS, MCKENZIE Ownership Private Strategy Scale and efficiency Most Active Counties DUNN (132), WILLIAMS (89), MCKENZIE (..)
7 the company completed the shutdown of the refinery. Lyondell first announced plans in 2023 to shut the refinery, which has been in operation for over [Read more] Reuters reported on Feb.
The commissioning work follows the construction of the project’s plant facilities in July 2023, Inpex said. After the completion of the commissioning work, the project’s demonstration operations are scheduled to start in fall 2025, followed by the initiation of CO2 injection into the reservoir.
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