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Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).
Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years. Amid the geopolitical and economic uncertainties that are clouding the outlook for the energy world, we see energy security coming through as a key driver of the growth in global investment this year to a record US$3.3
The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. 1 âEU Emissions Trading System: Scope of the EU ETS,â European Commission.
This was followed by Gasoline Stations with Convenience Stores, with 1,388 postings, Petroleum Refineries, with 849 postings, and Natural Gas Distribution, with 636 postings, TIPRO highlighted in the statement.
Given the sector’s complexity and geographical spread—from remote drilling rigs to refineries and distribution terminals—logistics is a key driver of efficiency and profitability.
Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two were midstream companies, one was in the gasoline stations with convenience stores category, one was a petroleum refinery company, and one was an oil and gas operator, TIPRO noted in the statement.
The two primary drivers of the reduction were oil companies installing combustion equipment at wells and facilities to burn off gas that would otherwise have been vented; and companies using vented gas on site as fuel for a beneficial industry-related purpose, according to the statement.
Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion. By John Lee.
Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. By John Lee. On renewable energy, Iraq has secured commitments for 8,000 MW of solar power at oil field sites.
Capacity is offline at some typical destinations for Nigerian crude such as Spains San Roque refinery and Italys Sarroch plant, Bloomberg said. Chinas Unipec favors processing oil from Angola, where only around five April shipments are still available, the traders said.
Why the Permian is an Advantaged Asset The Permian Basin perfectly fits Exxons definition of advantaged: Low-cost barrels: Permian break-evens can be under $35/bbl High infrastructure access: Pipelines, refineries, and export terminals already in place Scalability: Exxons Permian inventory supports multi-decade growth Synergy with Pioneer assets: Unlocks (..)
With 6,000 wells drilled in 2024 , this region remains the largest driver of U.S. Energy-driven industrial growth Power plants, data centers, and refineries are driving new demand. .” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.
Additionally, green hydrogen can be used as backup energy storage in refineries or chemical sites, where it is also utilized as a feedstock. With The Future Digital Energy Systems articles series, I’d like to address the main drivers and enablers of our future energy landscape. sunnier or windier).
Haynesville (Louisiana & East Texas) LNGs Key Driver 2023-2024 Overview Unlike the Permian Basin, which primarily drives crude oil growth, Haynesville is the primary engine behind U.S. Brazil's offshore pre-salt production is a key driver as Petrobras ramps up new deepwater projects. Gulf Coast refineries. MMBbl/d (+1.8
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