Sat.May 17, 2025

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Libya’s Future in Peril Again, While Russia Expands Its Influence

OilPrice

North Africas most resource-rich nation, Libyahome to vast hydrocarbon and mineral reservesis once again at a crossroads. Despite its potential, the country continues to struggle with instability and lacks the international attention needed for sustainable progress. Backed by Western and Turkish support, Libyas internationally recognized government is attempting to revitalize its upstream oil and gas sector, which is already attracting notable global interest.

IT 300
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Inside Balmoral Comtec’s New Wave & Current Simulation Center

Offshore Engineer

Balmoral Comtec recently invested more than $1.

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Australia Set To Miss Energy Transition Targets

OilPrice

Australia, which has some of the most ambitious targets of shifting from hydrocarbons to wind and solar is set to miss those targets due to challenges that are difficult to overcome. The warning comes from Wood Mackenzie and should stimulate a debate about how realistic those targets were to begin with.

Energy 232
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Kraken Robotics’ Expansion Continues

Offshore Engineer

Since it was founded in 2012, the Kraken Robotics story has been one of continual growth, both organically and via acquisition.

IT 61
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Assessing the Impact of Increased Tariffs on the Global Economy

OilPrice

In all the trade war noise, it is easy to miss just how much global trade conditions have deteriorated in the last few months. If, one year ago, someone would have told investors and businesses that the best-case scenario would be for average US tariffs to quadruple (from 2.5 per cent to over 10 per cent), they would have been considered a doomsayer.

Casing 195
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South Refineries Company Nears Completion of FCC Project

Iraq Business News: Oil & Gas

By John Lee. Iraq's South Refineries Company (SRC) is nearing the completion of its Fluid Catalytic Cracking (FCC) project, with 98% of the work done. Deputy Prime Minister and Minister of Oil, Hayan Abdul Ghani, emphasized the importance of boosting production to achieve self-sufficiency in petroleum products during his visit to the site. The project, set to start phased operations in August and full production in September, will have a capacity of 55,000 barrels per day, producing 4,300 cubic

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United States Rig Report

Oil Gas Leads

The United States Rig Report is a detailed list of drilling rigs active in the US last 30 days, one of the most prolific oil and gas-producing regions in the world. Purchase Full Rig Report – Only $10.00 Buy Now Heres a point-form summary of the drilling rig activity: Data Type : U.S. drilling rig activity report Record Fields Include : Contractor and Rig : Name and number of the drilling rig (e.g., “Patterson 286”) Lease : Lease name (e.g., “HEREFORD”) Application

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Strathcona Sells Montney Assets for $2.84B — Pure-Play Canadian Heavy Oil Focus

Oil Gas Leads

In a bold move to streamline its portfolio and sharpen its focus, Strathcona announced the sale of its Montney assets for $2.84 billion. This transformational transaction accelerates Strathconas strategy to become a pure-play heavy oil producer , while unlocking value and maintaining financial flexibility. Strathcona Resources Ltd. (TSX: SCR) has announced definitive agreements to sell nearly all of its Montney assets through three transactions: Kakwa to ARC Resources $1.695B Grande Prairie to

Oil 52
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Trump Targets Billions in Energy Grants for New Round of Audits

Rigzone

Energy Secretary Chris Wright is ordering the stepped-up scrutiny.

Energy 64