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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,… The decline was the result of lower realizations due to lower crude oil prices, lower income from upstream and downstream equity affiliates,…
(Oil Price) – Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output and stronger refining margins. Brent oil prices averaged $67.88 The gas marketing and trading result is expected to be average, BP said, but noted that the “The oil trading result is expected to be strong.”
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.
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. Downstream Logistics Refined Product Distribution : Truck dispatch, tank monitoring, and terminal 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.
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.
oil giants Exxon Mobil and Chevron, are among some of the other companies that have been touted as possible suitors. Nurphoto | Nurphoto | Getty Images UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP 's highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive.
Oil and gas equipment plays a pivotal role in shaping the success of upstream, midstream, and downstream operations across the energy industry. Yet, despite its central importance, equipment in the oil [.] Yet, despite its central importance, equipment in the oil [.]
Azule Energy has reached first oil production from the Agogo floating production, storage, and offloading (FPSO) vessel offshore Angola. The Agogo FPSO has a production capacity of 120,000 b/d of oil. About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal.
Supported by the Kuwait Oil Company and Kuwait Integrated Petroleum Industries Company , these official platforms will individually bring together over 500 senior decision-makers, 40+ expert speakers, and 50+ global and regional solution providers.
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 world's largest oil company declared an adjusted net income of 92.04
(Oil & Gas 360) – Get ready for a powerhouse lineup of networking and entertainment at EnerCom Denver – The Energy Investment Conference , celebrating its 30th anniversary this August! News & World Report and Best Lawyers “Best Law Firms” 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law.
A shell and tube exchanger is an integral aspect in oil and gasoline operations, helping environment friendly thermal administration throughout upstream, midstream, and downstream processes.
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., Guaranteed.
This critical initial step, gas separation, lays the foundation for efficient and safe downstream operations. Two-Phase and Three-Phase Separators: These vessels use gravity and often internal baffling to separate gas from liquids (two-phase) or gas from oil and water (three-phase).
(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.
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.
The company is a key player in bridging upstream gas production with downstream markets. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
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 The Westin Denver Downtown.
We safely completed our heaviest planned turnaround quarter in both our upstream and downstream businesses, positioning the company for a strong second half of the year'.
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.
Preventing Free Water Entry : Efforts should be made to remove free water upstream of the dehydrator to prevent overloading the system and potential foaming issues. This often involves efficient upstream separation.
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
The decrease was mainly due to the impact of lower revenues (due to lower crude oil prices and lower refined and chemical products prices) as well as higher operating costs, according to the company. Aramco reported progress in its Berri, Marjan and Zuluf crude oil increments and brought Phase One of the Dammam development project onstream.
(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.
"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.
CEFA would own the downstream components of the project. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! On April 2 it announced a deal with CEFA to co-develop Rafael. There’s a reason 700K+ energy professionals have subscribed. 700K Industry Pros can’t be wrong.
La Coparmex declaró que mientras no se cumpla con el 100% de la deuda de Pemex hacia los proveedores, miles de empresas seguirán en riesgo de detener operaciones, despedir personal o incluso cerrar definitivamente La Confederación Patronal de la República Mexicana (COPARMEX) emitió un comunicado donde manifiesta su inquietud por el creciente adeudo (..)
Downstream Finanzas Gabriel Becerra Negocios Opinión Ultimas noticias Upstream Pemex Y eso, aunque suene paradójico, requiere sacar la política de la ecuación y poner el interés técnico y financiero por delante. Así de simple, así de urgente.
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.
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.
Rosales, director de Ingeniería y Servicios del IMP mencionó que su área está presente en todas las áreas de la cadena de valor de los hidrocarburos, desde el Upstream, Downstream y Midstream.
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.
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.
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%
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?
Downstream Regulación Upstreamdownstreamupstream . “Tras más de 50 años de gestión de la empresa conjunta de la Cuenca de Gippsland, nos enorgullece ceder las riendas y transferir nuestra experimentada plantilla del Estrecho de Bass a nuestro valioso socio Woodside, un operador de primer nivel.
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 (..)
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