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Africa is set to play a pivotal role in the global gas industry in the coming years as the worlds liquefied natural gas (LNG) production capacity soars from 486 million tonnes per annum (Mtpa) last year to 755 Mtpa in 2030, according to Rystad Energys latest projections.
Austin, Texas (May 28, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, successfully concluded its annual EVOLVE Conference, held May 12–15 in Houston, Texas. From AI-powered trading to clean fuel strategies, our attendees are not just adapting to change—they’re leading it.”
supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. The two new blocks now essentially double the total area for exploration to 47,000 sq km (18,147 square miles).
(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.
Insights on WCSB Oil ProductionPipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets.
(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).
During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. The fact that we achieved this success in the concession belonging to Bzakerettye, which has an almost 100-year oil industry tradition, is clear evidence that there is still potential in hydrocarbon exploration in Hungary.
billion in 2024, the countrys oil and gas industry association said, adding that this will not lead to higher production. billion, would be spent on production, with the remainder of $740 million channeled into exploration. billion, would be spent on production, with the remainder of $740 million channeled into exploration.
Genel Energy has issued a trading and operations update relating to Q1 2025. Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices. "Our By John Lee.
Chevron started its seabed survey operations in early summer, adhering to the timetable for the construction of a strategic pipeline that will connect the Aphrodite gas field in the Eastern Mediterranean to Egypt, according to a statement by the government of Cyprus.
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The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimise well construction, production, and intervention to maximise plug and abandonment (P&A) operations. Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will be presenting at EneCom Denver – The Energy Investment Conference at the Westin Downtown on August 17-20, 2025. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.
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(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. The transaction is expected to close before May 30, 2025. million acres in Alberta. billion 1.
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Ojulari most recently served as chief operating officer of Renaissance Africa Energy Co., and previously led Shell Nigeria Exploration and Production Co. Bashir Ojulari will replace Mele Kyari as head of NNPC Ltd. with immediate effect, presidency spokesman Bayo Onanuga said in a statement.
Achieving self-sufficiency in diesel and kerosene production. Abdul Ghani emphasized Iraq's strategy of integrated projects, linking oil production, gas utilization, power generation, refining, and petrochemical industries. On renewable energy, Iraq has secured commitments for 8,000 MW of solar power at oil field sites.
As part of the partnership, Rotork’s IQ3 Pro electric actuator with EtherNet/IP™ connectivity will be featured in Rockwell Automation’s Technology Partner product reference catalogue and system design tools. Already a member? All rights reserved | Tel: +44 (0)1252 718 999 | Email: enquiries@oilfieldtechnology.com )
In a strategic move within Texas’s oil and gas sector, Scout Energy Management LLC has transferred 315.77 miles of unregulated gas pipelines in Hutchinson and Moore counties to High River Resources LLC, as approved by the Texas Railroad Commission (RRC). The Pipeline Transfer: Enhancing Operational Synergy The transfer of 315.77
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At Pro-Gas LLC in Dallas, we get that maximizing efficiency in Natural Gas Liquid (NGL) production is crucial for success in today’s competitive energy market. Lets look at some strategies and technologies for maximizing efficiency in NGL production, from advanced separation techniques to energy optimization and process control.
Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025. These estimates reflect the Companys production and does not take into account the remaining volumes that are gathered and treated by this aging system each day. Register to attend. New Era Helium, Inc.
Natural Gas Liquids (NGLs) ethane, propane, butanes, and natural gasoline are essential to modern life, fueling industries and forming the building blocks for countless products. Energy Information Administration (EIA) page on NGLs. However, traditional cryogenic plants can be energy-intensive and require significant capital.
natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. BP is doubling down on its U.S.
Genel Energy has announced its audited results for the year ended 31 December 2024. Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Production costs (17.6) (18.0) EBITDAX1 1.1
Judge Sarah Vance of the Eastern District of Louisiana dismissed a suit in which plaintiffs claimed that oil and gas production and pipeline companies’ activities in South Louisiana marshes contributed to the destruction wreaked by hurricanes Katrina and Rita. Columbia Gulf Transmission, et al.
At Pro-Gas LLC in Dallas, Texas, we understand the dynamic nature of natural gas production and the constant need for efficient, adaptable, and cost-effective solutions. They are a crucial component in natural gas processing, ensuring the gas meets pipeline specifications or is suitable for further processing.
In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., the rise of unconventional resources like coal bed methane, and how the industry began reshaping Americas energy map. Whispers of Greatness: Early exploration hinted at untapped reserves that could change the game.
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Record-breaking production and soft near-term demand continue to pressure prices, although strong LNG export demand offers longer-term support. natural gas production remained flat in 2024 Summary : In 2024, U.S. marketed natural gas production remained nearly flat at 113 Bcf/d, with Permian output rising 12% to 25.4
The Texas Supreme Court issued an opinion today in Energy Transfer Partners, L.P Enterprise Products Partners, L.P., This case began in 2011 when ETP and Enterprise explored the possibility of partnering to modify and extend, or construct anew, a pipeline to transport oil southbound from Cushing, Oklahoma.
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QEP Energy Company , the Western District of Louisiana rejected, for the second time in this case, Plaintiffs’ claims seeking a disgorgement of QEP’s profits. Plaintiffs asserted a number of claims, all of which were resolved except their claims seeking a disgorgement of profits.
natural gas production and LNG exports over the past 10 years was just the beginning. Between now and 2035, gas production in the Permian, Eagle Ford, Haynesville and other plays will continue rising, the Gulf Coasts LNG export capacity will double and many new pipelines will be built. The rapid growth in U.S. There sure is.
These pillars involve providing citizens’ need of petroleum products with the lowest costs through boosting oil and gas production via intensified exploration activities, infrastructure optimization, accelerating renewable energy integration to achieve 42% green energy in Egypts mix by 2030, strengthening regional cooperation to leverage Egypts (..)
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They will need to upskill the workforce, adapt the technology infrastructure, accelerate data productization, and deploy agent-specific governance mechanisms. QuantumBlack combines an industry-leading tech stack with the strength of McKinseyâs 7,000 technologists, designers, and product managers serving clients in more than 50 countries.
“They also include agreements for BP to access to two new exploration and development licenses and introduce a new partner to accelerate exploration on a third,” the company added. billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest.
They will create more than 3,500 highly skilled private sector jobs and manufacture a wide range of industrial products including pressure vessels, pipe coatings and fasteners. ADNOC announced the award of contracts valued at AED543mn (US$147.8mn) to nine of its suppliers for locally made industrial products to be used across its value chain.
shale, positioning it as a leader in energy transition discussions. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. It enhanced Conocos shale oil dominance, focusing on cost-efficient production and mature assets. Sunocos Acquisition of NuStar Energy Value: $7.3
Some of the actions are related to development of renewable energy in Louisiana, whereas others aim to manage emissions. Other strategies focus on switching to low carbon fuels and developing the infrastructure to support renewable energy in Louisiana. Noteworthy actions include: ACTION 5.6 Noteworthy actions include: ACTION 5.6
What started in 2020 as a proposed joint rulemaking between the DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) and Bureau of Ocean Energy Management (“BOEM”) was recently finalized as a stand-alone BSEE rule addressing decommissioning.
Oil and gas is a complex landscape of processes, each playing a crucial role in ensuring the safe and efficient delivery of energy resources to homes and businesses worldwide. Join us as we delve deep into the world of field gas conditioners, exploring their functions, benefits, and the crucial role they play in the oil and gas value chain.
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