Remove E&P Remove Petroleum Remove Refinery
article thumbnail

Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

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).

Gas
article thumbnail

OPEC says world economy may do better in second half of year

Oil & Gas 360º

(Investing) – LONDON -OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries’ crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand outlook. Global refinery crude intake posted a sharp increase of 2.1

E&P
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MOL discovers new oil field in Western Hungary

Oil & Gas 360º

Based on the well tests carried out prior to March 2025, the well is currently proven to be capable of producing 1,200 bpd, which is transported by truck to the Danube Refinery in Szzhalombatta. MOL has ambitious E&P investment plans. This new discovery will also help meet the country’s energy needs.

article thumbnail

Canada’s Suncor says it could cut 2026 capital spending if low oil prices persist

Oil & Gas 360º

Global oil prices hit a four-year low on Monday after the Organization of the Petroleum Exporting Countries and its allies, known together as OPEC+, agreed to another accelerated oil output hike for June. Suncor also posted its best-ever first quarter for refinery throughput and sales. The company reported first-quarter profit of C$1.7

IT