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and worldwide oil and gas output jumped to record highs. The decline was the result of lower realizations due to lower crude oil prices, lower income from upstream and downstream equity affiliates,… Chevron Corporation (NYSE: CVX) beat Wall Street estimates of its second-quarter profit as Permian production surged and U.S.
(Oil Price) – Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output and stronger refining margins. BP’s gas and low carbon energy segment is seen posting realizations up to $300 million lower versus the prior quarter, including changes in non-Henry Hub natural gas marker prices.
Applied Computing claims Orbital utilises "100% of available data from downstream energy facilities" – compared to 8% captured by traditional methods – and is outperforming previously benchmarked state-of-the-art software by 90% in key metrics. The company offered the attendees, present company included, a demo of Orbital in action.
In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before natural gas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Crude & Gas Transport : Railcars, barges, tanker trucks, and pipeline scheduling.
Oil and gas plant performance is no longer just a technical concern—it’s a strategic business imperative. For leaders overseeing these facilities—whether upstream, midstream, or downstream—the key question is no longer “Are [.] The post Oil and Gas Plant: Power Up Peak Performance appeared first on PetroSync Blog.
The journey of natural gas from the wellhead to our homes and businesses is fraught with challenges, not least of which is the presence of water vapor. This seemingly innocuous component can lead to a host of problems, including pipeline corrosion, hydrate formation that can obstruct flow, and a reduction in the heating value of the gas.
Oil and gas equipment plays a pivotal role in shaping the success of upstream, midstream, and downstream operations across the energy industry. The post Oil and Gas Equipment: Gear Up for Success appeared first on PetroSync Blog. Yet, despite its central importance, equipment in the oil [.]
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.
About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal. Azule is operator of the block with 36.84% interest. Partners are Sonangol E&P (36.84%) and Sinopec International (26.32%). He is a member of the Society of Petroleum Engineers (SPE).
BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025. ADNOC is reportedly most interested in BP's liquefied natural gas (LNG) assets, although it is also said to have considered a full takeover of the company. Cars are seen at ADNOC gas station in United Arab Emirates on November 26, 2023.
Advancing Kuwait’s strategic energy vision The 2nd edition of the Digital Transformation Kuwait Oil & Gas Conference builds on the success of its inaugural edition and will address Kuwait’s national agenda for energy digitalisation. Learn more at: www.kuwaitoilandgasdigitaltransformation.com | www.aipsmkuwait.com
These permits—spanning both natural gas gathering and crude oil transportation systems—highlight Ironwood’s commitment to enabling safe, efficient midstream infrastructure in one of the most active oil and gas producing regions in the United States. 09903 Gas Private Concord Gas Gathering 10.81
Oil & Gas 360 – Landmark 30 th Anniversary EnerCom Denver – The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com DENVER – July 31, 2025 – EnerCom, Inc.,
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown.
The system comprises a blend of natural gas gathering and transmission assets: 116.027 total permitted miles 105.19 The system comprises a blend of natural gas gathering and transmission assets: 116.027 total permitted miles 105.19 The company is a key player in bridging upstreamgas production with downstream markets.
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown.
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. The development of Saudi Arabia's Jafurah gas field is expected to be a major part of that.
has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027. The Rafael gas and condensate field is in Exploration Permit 428, about 150 kilometers (93.21 CEFA would own the downstream components of the project.
A BP spokesperson declined to comment but directed Rigzone to a release on BP’s website announcing an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil. “This is another success in what has been an exceptional year so far for our exploration team, underscoring our commitment to growing our upstream.
Upstream capital expenditure stood at US$19.2bn for the first half of 2025, relatively consistent with the first half of 2024 due to continuing development activity on multiple strategic gas projects to expand its gas business and advancement of crude oil increments designed to maintain crude oil MSC at 12.0mn bpd.
(Oil & Gas 360) – Five Nuclear Companies to Present at EnerCom Denver – The Energy Investment Conference Qualified Investors, Analysts and Energy Industry Professionals Can Register at No Cost at www.enercomdenver.com DENVER – July 23, 2025 – EnerCom, Inc.,
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. News & World Report and Best Lawyers “Best Law Firms” 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law.
A ello se suma la disminución en la producción de gas natural, que promedió 5 mil 502 millones de pies cúbicos diarios (una caída de 8.7%) “, declara la Coparmex. La legalidad, la transparencia y las buenas prácticas deben ser la norma, particularmente en una empresa que pertenece a todas y todos los mexicanos.
"The board will benefit from his deep and broad experience of the global upstream and downstream energy industry and his financial and commercial understanding of global markets, together with his extensive and varied board experience”, Helge Lund, chair of BP, said. 700K Industry Pros can’t be wrong.
El Gobierno presentó una estrategia integral para capitalizar y financiar a Pemex en 2025, con un fondo de inversión garantizado y reducción progresiva de deuda.
MMbd de hidrocarburos líquidos ; aumentará su petrolíferos de alto valor; tendrá el relanzamiento de su industria petroquímica y de fertilizantes, rehabilitará infraestructura logística y de seguridad; tendrá una producción de 5 mil MMpcd de gas natural y además desarrollará proyectos en energías verdes.
El IMP dio a conocer que han diseñado 88 plataformas marinas de Perforación, Compresión, Producción, Enlace y Habitacional, 125 ductos de transporte de crudo/gas (2,160 km) y 235 plantas industriales Durante el Foro LARPET 2025 , la Directora General del Instituto Mexicano del Petróleo ( IMP ), Dra.
Cabe destacar que el apalancamiento de Pemex es un factor clave de su PCI, que se mantiene en la categoría ‘ccc’ debido al persistente FFO negativo, la compresión del EBITDA debido a los menores precios y producción del crudo, la liquidez ajustada y las pérdidas constantes en el negocio downstream.
La adquisición de Chart por parte de Baker Hugues ampliará su presencia en sectores más sostenibles, como el gas industrial, metales, minería, alimentos y bebidas La estadounidense, Baker Hughes anunció la firma de un acuerdo definitivo en virtud del cual adquirirá todas las acciones en circulación de la compañía Chart Industries.
Downstream Regulación Upstreamdownstream negocios upstream “Por eso se contabiliza en la FSRP (…) Más bien, Pemex puede tener más flujo de efectivo al pagar menos intereses por menos deuda, ya que esta fue colocada al 5% y eso ayuda que la nación pague menos costos financieros por intereses.
The worlds largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 Eni has been pursuing in recent years the so-called dual exploration model, under which it sells part of its majority stakes to other companies to fast-track oil and gas discoveries to production.
Downstream Transición Energética Ultimas noticias Upstreamdownstreamupstream Noquez, Representante de SQM; Lorenzo J. Parres, Presidente de CMIQP y Eugenio Floresgómez, Director General de Sulzer Chemtech.
Los pasivos de Pemex superan los 4 billones de pesos; Sheinbaum presentará un plan de reestructuración ante el creciente peso financiero de la petrolera estatal. Al cierre de junio de 2025, Petróleos Mexicanos (Pemex) acumuló un pasivo total de 4 billones 125 mil 289 millones de pesos , cifra que representa un aumento nominal de 6.5%
Pemex y el sindicato petrolero acordaron una prórroga de 15 días en la negociación del CCT, con temas críticos como pensiones, presupuesto y condiciones laborales pendientes.
En concreto, el resultado ajustado del negocio de Exploración y Producción ( Upstream ) alcanzó 897 millones de euros entre enero y junio, un 3,2% más que en 2024. Downstream Industria Tecnología Upstreamdownstreamupstream Qué tan mal salió Repsol de su primer semestre?
Cuando finalice la obra, Woodside asumirá la operación de los activos de producción offshore del Estrecho de Bass, la Planta de Gas de Longford, la planta de procesamiento de líquidos de gas de Long Island Point y la infraestructura de gasoductos asociada. Downstream Regulación Upstreamdownstreamupstream
Sheinbaum anunció que el 5 de agosto presentará el plan de reestructuración de Pemex, tras críticas por adeudos a proveedores y reciente emisión de deuda.
En el Foro LARPET 2025, expertos aseguraron que al igual que todas las refinerías del mundo, La Refinería Olmeca requiere de un periodo entre 5 a 7 años desde su construcción para llegar a una producción estable, y con esto llegar a ser rentable En el marco del Foro Latinoamericano de Refinación, Petroquímica y Energías de la Transición, LARPET 2025 (..)
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gasupstream midstream downstream?
Albert Manifold será el nuevo presidente de BP a partir del 1 de octubre, tras una exitosa trayectoria al frente de CRH plc y experiencia internacional. BP plc anunció el nombramiento de Albert Manifold como su nuevo presidente , quien asumirá el cargo a partir del 1 de octubre de 2025, sucediendo a Helge Lund tras siete años de liderazgo.
The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution.
EnerCom Denver is the largest independent investor conference for the global oil and gas industry and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
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