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is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. (Oil Gatti served on the Board of Helix Energy Solutions Group, Inc.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Don’t miss the celebration, sponsorship opportunities are still available. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th.
“The government recognizes the complexities and high costs associated with the development of the Venus oil field by TotalEnergies,” Kornelia Shilunga, special adviser and head of upstream petroleum unit in the Namibian Presidency, said in a reply to questions.
At the opening ceremony on Monday, ADNOC's CEO and the UAE's Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber said the state-operated energy company will deploy autonomous AI for the very first time and called on his peers to embrace it too for the benefit of the wider energy industry.
Prime Minister Mostafa Madbouly held a meeting to follow up on a number of topics related to Egypt’s energy portfolio. The meeting was attended by Karim Badawi, Minister of Petroleum and Mineral Resources; Mahmoud Esmat, Minister of Electricity and Renewable Energy; and Ahmed Kochouk, Minister of Finance.
(Oil Price) –American and Vietnamese companies signed this week several agreements in the energy and minerals sectors estimated to be worth $4.15 Vietnamese agreements included PetroVietnam Gas Corporation signing long-term LNG contracts with Conoco Phillips and Excelerate Energy, Viet Nam News reported.
The first two days of India Energy Week or IEW 2025 have whizzed by with several aspects of the event's core theme - reimagining the future of energy in India and the world - discussed widely at various panel sessions and forums. Here's The Oilholic's full report for Forbes on the opening remarks.
The main headline from Wednesday mornings release of the Department of Energys (DOEs) Weekly Petroleum Status Report was that U.S. Crude oil inventory at Cushing Oklahoma down at a multi-year low is joined by inventory of the major petroleum products down at a multi-year low. Contact Energy Directions for the full report.
About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.),
Hardeep Singh Puri, Minister of Petroleum & Natural Gas, India and Chris Ashton, CEO of Worley. And it was wonderful moderating multiple panel sessions on subjects ranging from harnessing the potential of natural gas for powering AI to solutions for the decarbonization of the global transport complex and climatetech finance.
The Organization of Petroleum Exporting Countries (OPEC), + other world exporters announcing Monday, that production limits will be increased 411,000 barrels per day in June deflated the spot market price of West Texas Intermediate (WTI) crude oil back below $60 per barrel (Figure 1, red line). Contact Energy Directions for the full report.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industry leaders! The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp.
(Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. NASDAQ:VNOM) (Viper or the Company), a subsidiary of Diamondback Energy, Inc. About Viper Energy, Inc. About Diamondback Energy, Inc. Viper defines Adjusted EBITDA as net income (loss) attributable to Viper Energy, Inc.
It also opens new horizons for export to foreign markets, capitalizing on the growing global demand, especially with the petroleum sector having the technical and logistical components needed for success. Additionally, the selection process of international financing agencies is underway and is seeing notable progress.
This move reflects a broader trend of African nations seeking to modernize and diversify their energy sectors, signaling a shift toward greater transparency and accountability in state-owned enterprises, while also positioning the continent as a more attractive investment destination in the global energy market.
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Marco Villa, the Chief Business Officer (CBO) of the Italian company Technip Energies, and his accompanying delegation. The post Technip Energies Outlines Plans for SAF, Green Hydrogen in Egypt first appeared on Egypt Oil & Gas.
Energy has been weaponized economically, politically, and militarily for over a century. And the current limited conflict, financed on the aggressor’s side by petroleum dollars, is producing global economic and political destabilization and potentially, wider, military engagement.
with ConocoPhillips, Diamondback Energy and Occidental Petroleum cumulatively spending more than $85 billion on assets since 2020 and more than $140 billion including Occidentals 2019 acquisition of Anadarko Petroleum. He has a BBA in Finance from Texas A&M University and a JD from The University of Texas School of Law.
The national oil funds revenue fell by 43% by the end of April from year earlier, as lower prices offset the increase in crude output, Halyk Finance said. Kazakhstan agreed at the May 3 meeting of the Organization of the Petroleum Exporting Countries and its allies to produce 1.5 million bpd in June, compared with 1.85
Over the course of Thursday and Friday - days III & IV - of India Energy Week 2025 that put us on the home stretch of the global event, conversations turned more meaningfully towards the Indian government's assertion of placing a 'gas economy' at the heart of its march to net zero by 2070. Have a read here if you wish.
“The government recognizes the complexities and high costs associated with the development of the Venus oil field by TotalEnergies,” Kornelia Shilunga, special adviser and head of upstream petroleum unit in the Namibian Presidency, said in a reply to questions. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
Minister of Petroleum and Mineral Resources Karim Badawi participated in the 10th Annual Powering Africa Summit in Washington with high-level attendance from ministers, officials, investors, and funding institutions.
During his visit to Germany, Minister of Petroleum and Mineral Resources Karim Badawi participated in the 11th edition of the Berlin Energy Transition Dialogue on the 18th and 19th of March. Its current edition focused on mobilizing investments for energy transition and green growth in emerging and developing countries.
Prime Minister Mostafa Madbouly held a meeting to discuss various industry-related matters of significant importance with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Finance Ahmed Kouchouk, and other Egyptian officials.
Minister of Petroleum and Mineral Resources Karim Badawi participated in a roundtable discussion organized by the US Chamber of Commerce in Washington coming in line with strengthening strategic relations between the two countries in the energy sector.
(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.
Progress on the US$1 billion expansion project, which includes US$250 million in financing from the US Development Finance Corporation (DFC), has advanced in recent months through fast-track simultaneous project construction and commissioning activities, enabling the company to cut the overall project schedule by several months.
CNCEC), ENPPI, and Petrojet, in the presence of Prime Minister Mostafa Madbouly and the Minister of Petroleum and Mineral Resources, Karim Badawi. Completing the design phase will provide a more accurate estimate of the projects actual costa crucial step in securing the necessary financing and achieving financial closure.
million barrels, according to Finance Minister Ken Ofori-Atta. Addressing Parliament while presenting the 2024 budget and economic policy, the finance minister detailed that the Greater Jubilee field contributed 21.94 million barrels, with the Ghana National Petroleum Corporation (GNPC) lifting 6.65 million barrels.
Investors following the news over the weekend might've expected more of the same Monday, especially after learning that Israel attacked Iranian energy infrastructure. Energy Information Administration. Iran's missile strikes also damaged an oil refinery in Haifa, the Times of Israel reported.
Certain information related to general and administrative and finance costs has been represented to allocate by segment to conform with presentation as at March 31, 2025. Operating earnings is the metric used by the Companys Chief Operating Decision Makers to evaluate segment profit or loss. McDaniel & Associates Consultants Ltd.,
Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. While the region's mature fields are declining, new projects are helping stabilize production and extend the Gulfs viability as a key energy source.
This trend reflects a broader shift in investment strategies as investors seek to diversify their portfolios, hedge against market risks, and capitalize on the potential high returns offered by the energy sector. government offers a variety of tax incentives aimed at encouraging domestic energy production.
Halliburton Labs and the National Renewable Energy Laboratory (NREL) collaborate to advance clean energy innovation. Halliburton labs helps early-stage energy companies, and the NREL hosts the Industry Growth Forum, which accelerates cleantech commercialization. Jorge Barron was Millers first boss in Venezuela.
The latest IPI figures from the Saudi statistics agency show that the IPI for the “Manufacture of coke and refined petroleum products” increased from 97.4 This comes amid a marked increase in refining margins, and should enable Saudi Arabia to cash in on the strong prices. in January to 116.6 in March and 123.5 All rights reserved.
House Bill 137 , tracked by the Permian Basin Petroleum Association (PBPA) as detailed below, establishes the Strategic Water Supply Program. By utilizing this largely untapped water supply for manufacturing and clean energy development, the bill supports economic growth while preserving water supplies for other uses. 137, and H.B.
To finance the sale, lenders also required Lexington Land to hire a consultant to prepare environmental assessments of the property. million purchase price. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property.
To finance the sale, lenders also required Lexington Land to hire a consultant to prepare environmental assessments of the property. million purchase price. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property.
To finance the sale, lenders also required Lexington Land to hire a consultant to prepare environmental assessments of the property. million purchase price. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property.
Effects of Trump Administrations Policies Remain to be Seen Many speculated that President Trump taking office would impact the energy industryand even in just the first few weeks of his term, he announced policies and plans that could indeed impact crude prices. Most directly, he said he plans to re-fill the U.S.s
billion to replenish and maintain the Strategic Petroleum Reserve, and cancels a congressionally mandated sale, following huge sales from the facility in 2022. The proposal from the House Energy and Commerce Committee released late on Sunday contains $1.32 House committee released a budget proposal that includes more than $1.5
economy, its energy independence, and its diplomatic relations. energy independence and dominance. His America First Energy Plan is aimed, in part, at increasing fossil fuel production in the U.S. became “energy independent” and a net exporter of petroleum products in 2019. s energy sector.
Resources across energy and mining could see substantial downstream effects. Imports from other emerging economies could also grow, albeit from a smaller baseâfor example, energy from the Middle East. Trade in electronics could see the biggest shifts, followed by textiles and machinery.
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