This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.
Image by JHVEPhoto via iStock TotalEnergies SE said Monday it has acquired a 25 percent stake in a Gulf of America exploration portfolio operated by Chevron Corp. Image by JHVEPhoto via iStock TotalEnergies SE said Monday it has acquired a 25 percent stake in a Gulf of America exploration portfolio operated by Chevron Corp.
(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. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
Prime Minister Mostafa Madbouli held a meeting on Friday afternoon to review the government’s plan to secure the country’s needs of oil and natural gas following the Israeli military operation in Iran. The post Madbouli Heads Meeting to Ensure Adequate Oil and Gas Supply first appeared on Egypt Oil & Gas.
The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence.
AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. billion cubic feet (BCF) natural gas and 66.5 million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). MMBBL condensate/NGL.
Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. This major milestone supports the Companys efforts focused on delivering Responsibly Sourced Gas (RSG) and Responsibly Sourced Helium (RSH ). Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025.
(Oil & Gas 360) – The energy epicentre of Europe shifted to Milan on 19-21 May as PRC Europe 2025 brought together the leaders from the downstream sector. Luigi Crolla from Kent PLC highlighted the use of waste feedstock for SAF production, while Raffaella Lucarno from Enilive S.p.A. Supported by the Host Sponsor, Eni S.p.A.,
Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production.
At its Memphis site, xAI utilized the infrastructure from an old electronics manufacturing facility with existing grid connections and proximity to both power and natural gas. Working with a utility and midstream partner, it was able to set up a facility with nearly 100 MW of power in less than three months.
(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play. Register to attend.
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. NGLs, valuable byproducts of natural gas processing, represent a significant revenue stream for producers. Their extraction is crucial for several reasons.
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.
Discussions focused on the German side’s potential purchase of Cypriot gas within the framework of the recently concluded agreement between Egypt and Cyprus to transport gas produced from Cypriot fields to Egypt via Egyptian liquefaction facilities.
At Pro-Gas LLC in Dallas, Texas, we understand the dynamic nature of natural gasproduction and the constant need for efficient, adaptable, and cost-effective solutions. Portable JT skids are self-contained units designed for natural gas processing, specifically for Joule-Thomson (JT) cooling. What are Portable JT Skids?
President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi to address the status of the new exploration and drilling activities, particularly in the Fayoum 5 oil and gas field in the King Mariout area, to enhance Egypt’s oil and gas reserves.
(Oil Price) –Natural gas producer EQT Corporation has agreed to buy upstream and midstream assets of Olympus Energy for $1.8 billion in a deal that would bolster EQTs inventory in the Marcellus and Utica shale gas regions. Source: Yahoo News The total consideration of $1.8 By Tsvetana Paraskova for Oilprice.com
However, this scheduled downtime temporarily reduces refinery utilization and the ability to capture revenue from margins, often impacting quarterly performance. Its refinery utilization stood at 80% compared with 92% last year. Phillips 66 said its realized refining margins fell to $6.81 a barrel a year earlier.
Article at a glance Combined utility and energy bill audits identify billing errors and optimize consumption. The audits streamline operations and enhance productivity through better equipment and energy plans. This guide explores how these audits work, their benefits, and why they are vital for cost savings and sustainability.
(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin.
(Oil & Gas 360) Q1/25 capital program realized well outperformance averaging 20% above internal type curves (2) , driving estimated average volumes over 41,600 boe/d (1) Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4
(World Oil) – Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian basin. Produced water is a byproduct of oil and gasproduction and is injected into SWDs.
recently said its ProPwr division secured its first contract to commit 80 megawatts of power generation for an exploration and production operator in Permian Basin. ProPwr will deliver turnkey power to a distributed microgrid installation utilizing in-field gas where utility power is unavailable to support production operations.
With a mandate to promote energy independence and diversification, the SANPC is expected to play an instrumental role in unlocking the countrys oil and gas resources while driving long-term and impactful economic growth. This country can have between 5% and 8% annual growth if we use our oil and gas reserves.
(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co.
News True Blue Blog Utilities are adopting game-changing platforms to seamlessly integrate field services with customer serviceboosting both customer and employee satisfaction Where energy conversations come to life. When field services and customer service come together successfully, theres no telling what might happen.
The RRC utilized its 40 years of well plugging expertise to expend a $25 million Initial Grant from the Infrastructure Investment and Jobs Act (IIJA) passed by Congress. The majority of oil and gas wells that are no longer producing are plugged by the responsible operators.
I went to the first session that explored the history of GenAI and learned about the history of computing. Carbon Innovation: Explore groundbreaking decarbonization technologies driving the future of energy. Asset Optimization: Insights and best practices for optimizing oil and gas asset performance through comprehensive case studies.
(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. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.
( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. is an oil and gasexploration, development, and production company with current operations focused on the development of its Permian Basin assets. ABOUT RING ENERGY, INC. Ring Energy, Inc.
oil and gas sector has defied the odds for over a decadeunlocking shale, scaling production, and securing global energy influence. If we can increase production by just 20%, it would be the equivalent of Saudi Arabias current volume, she told the audience. But that growth engine may be running out of steam.
Oil & Gas 360) – HOUSTON , April 28, 2025 / PRNewswire Opens in new window / — Flotek Industries, Inc. (“Flotek”) (NYSE: FTK) and ProFrac Holding Corp. ProFrac operates through three business segments: Stimulation Services, Proppant Production and Manufacturing, in addition to Other Business Activities.
(World Oil) – GeoPark Limited, an independent oil and gas company with over 20 years of successful operations across Latin America, announces the appointment of Felipe Bayon as its new Chief Executive Officer and a member of the Board of Directors, effective June 1, 2025. and the U.K.,
On the other hand, technologies including carbon capture, utilization, and storage (CCUS) , nuclear power , and green hydrogen âall of which have high capital costs, complex infrastructure requirements, and ongoing research and developmentâhave advanced more slowly than anticipated. gigatons, but the actual abatement was already 0.08
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. One critical, yet often overlooked, component in this journey is the field gas conditioner, also known as a JT skid. What is a Field Gas Conditioner?
The depletion allowance is a tax provision in the United States designed to account for the reduction of natural resources, such as oil and gas, as they are extracted and sold. For the oil and gas industry, the depletion allowance functions similarly to depreciation for other types of assets.
Moreover, the meeting followed up on natural gas and crude oil production rates, as well as production and exploration plans in the Mediterranean Sea. The post Madbouly, Badawi Review Upstream Activities, Mining Development, Investment Plans for Coming Period first appeared on Egypt Oil & Gas.
The report explores the fundamental challenges, trends and successes across the renewables landscape through the eyes of more than 140 industry professionals surveyed. Our platform, with intelligent connections, drives more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing.
This decision falls within the framework of the first pillar of the Ministry of Petroleum and Mineral Resources’ strategy, which focuses on enhancing search and exploration activities, expanding their scope across Egypt, and accelerating production, particularly in Ganope-operated areas in the southern Western Desert and the Red Sea.
megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. The German power and gasutility said it is proceeding as a sole owner, without co-developer Energiekontor UK Ltd. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
Minister of Petroleum and Mineral Resources Karim Badawi presided over the general assembly meeting of the Egyptian Fajr Natural Gas Company to review its fiscal year results for 2024. In this regard, cooperation protocols were signed between Fajr, GasTec, and CarGas to establish integrated service stations.
Ahmed Kamal El Din Shafik El Desouky was assigned the role of EGPC Vice President for Exploration and a member of the Executive Council of EGPC, effective March 30, 2025. The post Badawi Issues Promotions, Transfers Across Oil, Gas Sector first appeared on Egypt Oil & Gas.
Natural gas coolers offer a compelling alternative to traditional electric cooling systems, especially for those seeking energy efficiency and cost savings. These systems leverage the power of natural gas to provide reliable and environmentally friendly cooling solutions for residential and commercial applications.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content