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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.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. In addition, the conference live webcast reaches a global audience of virtual attendees.
upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2024.
Together, the conferences serve as a cornerstone for advancing Kuwait’s energy future, through digital innovation and world-class integrity and process safety standards. These priorities underpin our efforts to build a future-ready oil and gas sector—one that is safe, efficient, and globally competitive.
Egypt Oil and Gas (EOG) Group has launched the fourth edition of She Is Energy Event on April 15, 2025 at Triumph Luxury Hotel. The Workshop was technically prepared by Egypts Women in Energy Network which is a part of the EOG Committee. She also emphasized the vital role of the Women in Energy Network among the petroleum sector.
Todays TRADITIONAL SUPER BASINS of oil & gas will not meet the challenges of sustainability and achieving Net-Zero by 2050. For the upstream industry to become more sustainable, it must focus on resources that are co-located with both plentiful clean electricity and CCS potential.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. In addition, the conference live webcast reaches a global audience of virtual attendees.
The meeting further reviewed work files that included those related to enhancing regional cooperation to attract investments in Egypt and the region, as well as efforts to create an attractive investment environment while maintaining the element of ‘energy consumption efficiency’ and reducing emissions.
Platforms integrated across previously siloed workflows, connecting upstream operations with midstream logistics and downstream analytics. In this new paradigm, vertical AI solutions are transforming the energy industry by completely automating data workflows from end to end.
The Project Greensand partners - diversified British company INEOS, London-based Harbour Energy PLC and Danish national oil and gas company Nordsøfonden - expect the ship and the other CCS components to become fully operational by the end of 2025 or early 2026. There’s a reason 700K+ energy professionals have subscribed.
News True Blue Blog Where energy conversations come to life. As it does, one undeniable fact is clear: American needs more energy infrastructure. At times of peak demand, natural gas can supply as much as 81% of the energy consumed in the Northeast. New England relies on natural gas.
(Oil & Gas 360) Juniper to Contribute Incremental $10 Million in Cash Updates Oil and Gas Hedge Positions and Juniper Reserve Values HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. About Amplify Energy Amplify Energy Corp. Categories: Press Releases View all news
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.
NGL Energy Partners LP has completed a series of non-core divestitures totaling approximately $270 million , including the sale of 17 NGL terminals, its Green Bay terminal, a refined products marketing business, crude railcars, and ownership in Limestone Ranch. refining network. and Canadian markets.
Having in mind different Energy Transition scenarios mentioned in my last article, society, business, and legislation have a hurdle how to properly assess its contribution to our end goal, which is saving the planet. A common denominator for Energy Efficiency, Decarbonization, and Decentralization is their impact on emissions.
Industry leaders like ExxonMobil, ConocoPhillips, Chevron, Diamondback, Devon, and Occidental are racing to optimize capital efficiency while sustaining inventory quality. But as basins mature and geology becomes more challenging, the key question becomes: Can these gains be sustained, or has the industry already picked the low-hanging fruit?
Abu Dhabi-based artificial intelligence (AI) company AIQ, has entered into a Strategic Collaboration Agreement with Gulf Energy Information (Gulf) to enhance the development of ENERGYai, an advanced AI solution. The post AIQ Collaborates with Gulf Energy Information to Develop ENERGYai first appeared on Egypt Oil & Gas.
Article at a glance Blockchain helps buy and sell renewable energy directly between users. It makes energy trading more transparent and secure. The technology improves data management across energy industries. As society increases its focus on going green, businesses are exploring their options for renewable energy.
Badawi stated that the Ministry seeks to accelerate the pace of exploration and production, leverage modern digital solutions to improve operational performance, and enhance the sustainability of production processes. In a separate meeting , Badawi talked with Patrick Pouyann , Chairman and CEO of TotalEnergies.
Building on the successful completion of a transformative proof-of-concept phase, AIQ a Presight company announced a landmark $340 million contract with ADNOC to deploy ENERGYai and associated AI solutions across ADNOCs upstream value chain. Agentic AI is widely recognized by experts as the future of AI development and integration.
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company.
One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. The regulatory filings include a change in the TCEQ Account ID , ensuring that Scout Energy Management is now recognized as the responsible party for emissions compliance.
It said also that it will grow its top line production across our combined Upstream and Integrated Gas business by 1% per year to 2030, sustaining the 1.4 The company said in a statement that it will reinforce its position in liquefied natural gas (LNG) by growing sales by 4-5% per year through to 2030.
by Brian Meyer, PSB Industries With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. The gas processing industry refines natural gas to make it usable for industrial, commercial, and energy-applications.
With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. The gas processing industry refines natural gas to make it usable for industrial, commercial, and energy-applications.
Malaysian Petroliam Nasional Berhad (PETRONAS) and Vietnam Oil and Gas Group (PETROVIETNAM) have signed a Key Principles Agreement (KPA) to extend the Production Sharing Contract (PSC) and the Upstream Gas Sales Agreement (UGSA) for the PM3 Commercial Arrangement Area (CAA) for an additional 20 years. The KPA was signed in Hanoi by Datuk Ir.
energy production, contributing 6.26.3 Reducing Emissions and Enhancing Efficiency A major theme of the discussion was ExxonMobils commitment to sustainability and efficiency gains. Final Thoughts The Permian Basin remains a key pillar of ExxonMobils global energy strategy, alongside its offshore investments in Guyanas Stabroek Block.
Nasser, Aramcos president and CEO, noted that Aramco has made significant strides during the year on a number of projects and initiatives aimed at reinforcing its upstream pre-eminence, further integrating its downstream portfolio and developing the new energies business.
Between turbulent economic market conditions and the transformation of the global energy landscape, upstream oil and gas organizations face increasing pressure to exploit new finds and enhance recovery from existing fields. Reaching sustainable growth requires doing more with less and moving faster.
Publisher’s Note: Flotek Industries will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025. is a leading chemistry and data technology company focused on servicing the Energy industry. Register to attend. About Flotek Industries, Inc. Flotek Industries, Inc. ProFrac Holding Corp.
Delaware Q12024 vs Q12025 Comparison Key Takeaways: Drilling Records : Q1 2024 : 809 records Q1 2025 : 962 records This notable rise reflects continued momentum in upstream investment and drilling operations, particularly in major producing basins. 93 records Devon Energy Corporation 88 records XTO Energy Inc.
Van’t Hof Thompson Midland-based Diamondback Energy announced on Feb. In related news, Diamondback’s subsidiary Viper Energy announced on the same day (Feb. 24 that Clay Neff, its President/International Exploration and Production, was named President/Upstream, effective July 1. 20 thatTravis D. 20) that Travis D.
Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. billion (up from $1.2 billion in Q4 2024) Pre-tax Earnings (RCPBIT): $4.5
A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. energy industry. The other five major U.S. Is There Such a Thing as Too Much Permian?
Chevron Corporation, one of the worlds leading integrated energy companies, has announced the start of oil and natural gas production from the Ballymore subsea tieback project, located in the deepwater Gulf of America. About Chevron Chevron is a globally recognized leader in energy production and innovation.
TAQA Morocco, a subsidiary of the newly integrated TAQA Global and AD Power, has adopted DeepStreams SaaS technology to digitise their coal procurement operations, moving towards a more efficient and sustainable supply chainfuture. For more information, please visit: www.taqa.com.
This 6% increase highlights CNRLs steady investment in upstream operations, even amid a broader environment of cautious capital spending. Subscribe to our weekly newsletter for data-backed updates across Canadas energy sector. Quarter-Over-Quarter Growth CNRL recorded 121 drilling activity records in Q1 2025 , up from 114 in Q1 2024.
This report from Pro-Gas explores how these developments are boosting enhanced NGL recovery, improving energy efficiency NGL separation, and offering cost-effective NGL separation for our Dallas-Fort Worth clients. Energy Information Administration (EIA) page on NGLs. See the U.S.
At Pro-Gas LLC, we are at the forefront of the dynamic DFW NGL technology sector, constantly evolving to meet the growing demands of the energy industry. Our focus is on achieving enhanced NGL recovery, boosting energy efficiency NGL separation, and developing more robust and cost-effective NGL separation strategies for the future.
billion in 2027 2029, before returning to sustaining expected capital of $0.8 HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives.
The building sector accounts for a significant share of around one-third of all primary energy consumption, 80% of which is attributable to heating water. The efficient, energy-saving operation of heating systems in existing buildings is essential. These existing buildings consume the most energy per square meter.
In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Strategic Fit: Kimmeridge has already made a move via its investment in Advantage Energy.
As the leaves fall and we settle into Halloweens cozy, pumpkin-spiced vibes, its not just the ghostly shadows creeping through the energy sector; major oil companies have reported mixed Q3 earnings, facing various challenges and surprises. Grab your pumpkin latte and settle in for a spooky yet festive wrap-up of the energy sector! ????
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