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An oil tanker has suffered an explosion off Libya’s coast, without causing any injuries or pollution, the vessel operator said on Monday, adding that the cause of the explosion is not clear yet. The tanker had left the Libyan port of Zuetina and was en route to Gibraltar when an explosion occurred in the engine room.
India, the world’s third-largest crude oil importer, which depends on imports for about 85% of its daily consumption, considers building three new sites to raise its strategic petroleum reserves.
says its Delo 600 ADF 10W-30 and Delo 600 ADF 15W-40 heavy-duty engineoils have been approved for use in Cummins mobile natural gas engines. Chevron Products Co.
-based worldwide supplier of premium branded lubricants and automotive services, has launched its Valvoline Premium Blue One Solution Gen2 – the brand’s second iteration of its heavy-duty engineoil first released in 2018.
Engineers at MIT have developed a new approach to crude oil fractionating that could slash the amount of energy needed for processing the crude into different fuels by as much as 90% in a breakthrough that could revolutionize fuel production.
India is fast cementing its status as the worlds top engine of oil demand growthovertaking China earlier than expected and showing no signs of slowing down. According to OPECs latest Monthly Oil Market Report, Indias oil demand is projected to grow by 3.4% The jump in Indian oil consumption is being driven
Russias top oil producer, state-controlled Rosneft, has acquired the company that holds the license to operate and develop a giant rare earths deposit in Siberia, the largest such reserve in Russia and one of the worlds biggest.
Iran is targeting a dramatic increase in oil production from the fields it shares with neighbouring Iraq, according to the chief executive officer of its Petroleum Engineering and Development Company (PEDEC), Nasrollah Zarei. Other notable major shared fields among many others -- are Azar (on the
Engine Capital owns 2.5 In a letter to Parkland’s board of directors, Engine’s leadership argues the Sunoco deal was rushed, the price is too low and that there are likely better options available. (BOE Report) – CALGARY – A major shareholder in fuel refiner and retailer Parkland Corp. heavyweight Sunoco LP.
Brazilian independent power generator Epasa faced significant environmental and operational challenges with heavy fuel oil sludge. Through innovative engineering and problem-solving, the company developed a The post Epasa Breakthrough Transforms Heavy Fuel Oil Sludge into Resource Stream appeared first on POWER Magazine.
(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.
has signed a memorandum of understanding (MOU) with Hyundai Engineering and Hyundai Glovis covering LNG project development, engineering services and shipping logistics. “This agreement allows Hyundai Engineering to broaden our global LNG experience by working alongside a world-class LNG developer.
An Engineering Technician in the oil and gas industry plays a crucial role in supporting engineers and other professionals in various technical tasks related to the exploration, extraction, and processing of oil and gas. Documentation: Keeping accurate records is essential in the oil and gas industry.
A Production Engineer in the oil and gas industry plays a critical role in managing and optimizing the production of hydrocarbons from oil and gas reservoirs. Conducting research and participating in training to improve skills and knowledge in production engineering.
In the ever-evolving oil and fuel industry, the function of a drilling engineer is no longer solely essential – it’s foundational to the success of any drilling operation. The post Drilling Engineer: Key Skills for Successful Oil Extraction appeared first on PetroSync Blog.
The diesel engine line of Power Solutions International Inc. PSI), provider of emission-certified engines and power systems, is now approved for the use of hydrotreated vegetable oil (HVO). This approval is a significant step in PSI’s efforts to offer more sustainable fuel options to its customers.
As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹ Generative AI tools now allow engineers and planners to move from idea to prototype in a single afternoon.
The numbers don’t lie: reservoir engineering just crossed a line it can’t uncross. based reservoir engineers reveals a profession that has reached a strategic inflection point. Let’s break down what’s changed, where the momentum is building, and what it means for the future of AI in upstream oil & gas.
Overall, the Facilities Engineer plays a critical role in ensuring the safe, efficient, and cost-effective construction and operation of oil and gas facilities. Do you provide services to Oil & Gas Operators related to new facility construction and looking to grow your sales? Buy the list now to get you started.
Lower breakeven and emissions compared to oil. Here’s a structured summary and analysis of the latest U.S. rig activity based on the Baker Hughes data and broader market context: U.S. Rig Count Summary (Latest Baker Hughes Report) Category Current Count Change (W/W) Change (Y/Y) Total U.S. LNG export growth potential.
Everything from the enormous refineries that process crude oil to the vast pipelines that run beneath oceans is built on steel and aluminum. In this high-stakes environment, corrosion engineers are the unsung heroes [.] The post Corrosion Engineer: Protecting Assets from Corrosion Damage appeared first on PetroSync Blog.
(World Oil) – This first-of-its-kind deployment signals a step change in how safety and operational assurance can be managed in offshore wind, with WindSafe introducing real-time visibility, predictive analytics, and intelligent automation to enhance performance and reduce risk at scale.
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. Ron holds a B.Sc.
oil and gas drilling sector continues its downward trend as the Baker Hughes rig count fell for the ninth consecutive week , marking the longest streak of declines since mid-2020. Oil rigs at their lowest since October 2021. June 30, 2025 The U.S. Here is a concise summary of the latest U.S. Here is a concise summary of the latest U.S.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Personnel Transport : Helicopters, crew boats, and ground transport.
China Petroleum Engineering Corporation (CPEC) has announced that its wholly owned subsidiary, China Petroleum Pipeline Engineering has received a letter of award from France's TotalEnergies for a major gas infrastructure project in Iraq. By John Lee.
drilling continues a slow decline , led by losses in oil-directed rigs. drilling continues a slow decline , led by losses in oil-directed rigs. Here is a summary of the U.S. Here is a summary of the U.S. Offshore drilling saw a temporary rebound , gaining 4 rigs. Texas remains the top drilling state despite a consistent downward trend.
United Kingdom-based civil engineering contractor FM Conway has extended its use of hydrotreated vegetable oil (HVO) in its local and strategic highways operations, shifting away from diesel in its work to achieve net zero. HVO is a synthetic biofuel made from re-used cooking oils and is completely fossil-free.
Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. June 9, 2025 U.S. Several major basins, including the Permian and Eagle Ford, recorded new lows. Here is a summary of the U.S.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.
“The contracts involve expanding key processing units to increase throughput and improve operational efficiency across four ADNOC Gas Facilities: Asab, Buhasa, Habshan (Onshore), and the Das Island liquefaction facility (Offshore)”, Abu Dhabi National Oil Co.’s Completion is expected 2027. Jersey-based Petrofac Ltd.
BCCK has signed an agreement with ZAP Engineering and Construction Services Inc. to deliver a 45 MMSCFD NiTech Dual Tower Nitrogen Rejection Unit (NRU) and oil removal system. This contract marks a significant collaboration between BCCK and ZAP Engineering, the project’s engineering, procurement and construction (EPC) firm.
Oil and Gas 360 April 28, 2023 For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted a series of highly regarded oil and gas property evaluation seminars. The firm asks that you pass this information on to colleagues whom you think may benefit from attending.
Business development professionals working for oil and gas operators play a crucial role in driving growth, identifying opportunities, and expanding the company’s operations and market presence within the oil and gas industry.
(World Oil) – Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15
Embed Tags Embed article link: (copy the HTML code below): Harbour Energy plc announce first oil achieved at Maria Phase 2, Norway This article has been tagged under the following: Subsea news Oil & gas news Advertisement Advertisement Advertisement Advertisement × Close This content is available to registered readers of our magazine only.
NATIONAL: Amazon has paused some data center lease commitments; Recruitment experts reveal biggest oil, gas hiring surprises of 2025 so far; WTI rebounds 2% on supply, geopolitical shifts; Big Oil is offshoring its prized engineering jobs to India; LNG exports wont increase U.S.
Discover how you can embrace the AI era and thrive as a network engineer in "The AI Break," a new blog series from the mind of Kareem Iskander, Lead Technical Advocate.
oil and gas industry is facing mounting headwinds in 2025. According to the latest Dallas Federal Reserve survey, low oil prices, lingering tariffs, and worsening water logistics are prompting operators to sideline rigs, cut drilling plans, and brace for a prolonged period of stagnation. oil production in April 2025: 13.4
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. Liquids” includes crude oil and NGLs.
Image by Pattadis Walarput via iStock A tanker hauling 1 million barrels of oil suffered an explosion while near Libya, its manager said Monday. The blast caused water intake and the vessel’s engine room is flooded, a spokesperson for TMS Tankers said. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! WHAT DO YOU THINK?
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