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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

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Saudi Arabia’s production increase sparks credibility concerns

Oil & Gas 360º

According to the International Energy Agency, the Kingdom overshot its June production quota by a whopping 700,000 barrels per day, pumping 9.8 OPEC’s official production figures are due Tuesday, and some analysts have already suggested they’ll show near-perfect compliance. million bpd—the highest in two years.

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Regional Partners Insights on Downstream Technology Strategies at PRC Europe 2025

Oil & Gas 360º

examines decarbonisation challenges specific to European refineries, emphasising regulatory complexities and operational adaptations required for compliance with evolving environmental standards; Enrico Giglioli (Saras S.p.A.)

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Supply crunch could send California’s gas prices past $8

Oil & Gas 360º

per gallon if two major refineries are allowed to shut down as planned. These factors include high state taxes, a boutique fuel blend required only in California, and an increasingly constrained refinery landscape. When refineries close, there arent many viable alternatives. The problem isnt limited to fuel prices.

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Regional Partners Insights on Downstream Technology Strategies at PRC Europe 2025

Oil & Gas 360º

examines decarbonisation challenges specific to European refineries, emphasising regulatory complexities and operational adaptations required for compliance with evolving environmental standards; Enrico Giglioli (Saras S.p.A.)

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EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017

Oil & Gas 360º

Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Two new oil developments in Alaska the Nuna and Pikka projects are expected to boost crude oil production in the state after decades of decline.

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MOL discovers new oil field in Western Hungary

Oil & Gas 360º

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.

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