OilPrice

MAY 27, 2025

The boss of Enquest has slammed the windfall tax on oil and gas firms as doing irreversible damage to the industry and driving job losses across the sector. Amjad Bseisu, Enquests chief executive, called for the North Sea tax to be scrapped in an operations update on Tuesday after claiming it makes the UK a less attractive place to invest.

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Malcolm Graham Wood

JUNE 11, 2025

Oil is up this morning on the back of an agreement in the US/Sino talks.And Reabold have results but looks very cheap with more cash than the market cap. And Petrofac has won a big contract, showing its operational excellence again. The post Oil price, Reabold, Petrofac. appeared first on Malcy's Blog.

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OilPrice

JUNE 11, 2025

Guyana's offshore oil industry is set to take a major leap forward as the One Guyana floating production, storage, and offloading (FPSO) vessel readies its first export cargo. The One Guyana FPSO, now the fourth production vessel operating in the prolific Stabroek Block, will push Guyana's… and China's state-run CNOOC.

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OilPrice

MAY 13, 2025

The worlds biggest oil and gas firms are embracing AI and related technology to maximize savings, optimize operations, and boost earnings. Robot Dogs, AI Drones Oil and gas firms use robot dogs and AI-enabled drones for inspections at operating assets,

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OilPrice

MARCH 19, 2025

Exxon is planning to boost its oil production regardless of where international oil prices are heading. Exxon announced its plan to take over one of the biggest operators in the shale patch, Pioneer Natural Resources, in late 2023. This comes from a senior company executive who spoke to Semafor this week.

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OilPrice

MAY 26, 2025

Saudi Arabia and Kuwait have announced a new oil discovery in the so-called Partitioned Zone (PZ) between the two OPEC heavyweights which share equally output from the area. Saudi Arabia and Kuwait announced on Monday that Wafra Joint Operations had made a new oil discovery in the North Wafra Wara-Burgan field, located 5 kilometers (3.1

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Enverus

JUNE 6, 2025

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 Here are four key ways AI is revolutionizing acreage strategy for upstream operators. Watch Now 2.

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Oil & Gas 360º

JUNE 10, 2025

(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.

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OilPrice

MAY 23, 2025

South Africa has officially launched the South African National Petroleum Company (SANPC), a new state-owned oil enterprise designed to consolidate and energize the countrys long-stalled hydrocarbons sector. Reducing oil imports, bolstering energy security, and tapping into over R95 billion in potential investment.

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OilPrice

JUNE 18, 2025

The Dangote oil refinery in Nigeria, Africa’s largest crude processing facility, is set to ship its first gasoline cargo out of the African region with a vessel heading for Asia, a source with knowledge of the plans told Reuters on Wednesday. We sell our products…

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Refinery IT Oil Operator 259

OilPrice

MAY 2, 2025

An increasing number of "zombie" or "phantom" oil tankersvessels that assume the identities of scrapped shipshave emerged off Venezuela's coast, allowing dark fleet operators to circumvent U.S. trade restrictions on global oil transport.

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Oil & Gas 360º

JUNE 11, 2025

Weekly Crude Oil Storage as of June 6, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.6 crude oil refinery inputs averaged 17.2 Refineries operated at 94.3% of their operable capacity last week. crude oil imports averaged 6.2 Imports U.S.

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OilPrice

MAY 27, 2025

Investments in Norways oil and gas sector are set to hit a record high this year, led by increased investments in operating fields, Statistics Norway said on Tuesday in its latest survey of companies investment plans. billion (269 billion Norwegian crowns), up by 6% compared to the estimates in the previous quarter.

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OilPrice

APRIL 21, 2025

ports could lead to an oil supertanker made in China and operated by a Chinese company facing a fee of up to $5.2 last week announced fees on vessel owners and operators of China based on net tonnage per U.S. move to penalize China-built and China-owned vessels calling at U.S. million per call at a U.S.

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OilPrice

APRIL 3, 2025

billion contract to Strategic Storage Partners, LLChardly a household nameto manage the Strategic Petroleum Reserve (SPR)Americas emergency stash of crude oil. After a transition period, Strategic Storage Partners will take over from the current SPR management firm, Fluor Federal Petroleum Operations (FFPO) on June 15, 2025.

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OilPrice

MAY 21, 2025

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.

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OilPrice

JUNE 2, 2025

Canadas Alberta province is facing one of its worst early-season wildfire crises in recent memory, with industry officials confirming on Monday that over 50% of the provinces oil production has been forced offline as flames sweep through critical infrastructure zones. Seven key oil producers have scaled back or halted operations entirely.

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Shutdown Oil Barrel Operator 269

Oil & Gas 360º

JUNE 9, 2025

(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. About Prairie Operating Co. Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States.

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OilPrice

APRIL 11, 2025

Colombia's oil industry is being rocked by another scandal focused on environmental misdoings, human rights violations, and unreported oil spills. For decades, a "drill at all costs" mentality dominated Colombias domestic politics, allowing energy companies, especially national oil company Ecopetrol, to operate with impunity.

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OilPrice

MAY 14, 2025

Libya's oil sector faces renewed disruptions following the resumption of intense fighting in Tripoli, just hours after a ceasefire was declared by officials.

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OilPrice

MAY 27, 2025

Albertas wildfire season is off to a fiery start, with a major blaze near the town of Swan Hills prompting evacuations and temporarily shuttering oil operations. The fireburning out of control and spanning roughly 1,600 hectaresis just 7 km from Swan Hills, forcing the towns 1,200 residents to flee Monday night.

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Oil Field Operator Energy 263

POWER Magazine

JULY 1, 2024

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.

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Oil Engineer Engineering Operator 246

OilPrice

APRIL 22, 2025

A record number of oil cargos set off from Vancouver Port in March thanks to the expansion of the Trans Mountain pipeline, the Vancouver Sun reported, citing data showing that as many as 30 tankers loaded with crude left the port last month.

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OilPrice

APRIL 26, 2025

Neighbouring Guyana has attracted attention from numerous international oil majors eyeing Caribbean oil and gas, which has, in turn, garnered greater attention in Trinidad and Tobagos energy sector.

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OilPrice

MAY 5, 2025

Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start declining later this year unless prices reverse course. Diamondback is one of the largest Permian operators and plans to curb its spending this year in response to the price developments that most analysts argue were

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Oil Crude Oil Operator IT 279

OilPrice

MAY 22, 2025

Nigerias government is urging the oil companies operating in the country to collaborate to increase oil output in the producer that hasnt been able to pump to its OPEC quota for years. Nigerias crude oil production averaged 1.4 million barrels per day (bpd) in the first quarter of the year, well below the 1.8

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OilPrice

MAY 13, 2025

State Department rolled out another round of sanctions Tuesday targeting an Iranian oil smuggling network allegedly responsible for funneling billions in crude oil sales to China on behalf of Irans Armed Forces General Staff.

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Oil Crude Oil Operator IT 284

OilPrice

APRIL 29, 2025

The only refinery in Scotland has stopped processing crude oil after 100 years of operation, as planned by its owners who announced the decision in the autumn of 2024.

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Refinery Oil Crude Oil Operator 301

OilPrice

JUNE 15, 2025

Oil started the week with a gain, after an Iranian missile attack caused damage to the Haifa refinery in Israel over the weekend, prompting a partial shutdown, Israeli media reported, saying the facility remained operational. At the time of writing, Brent crude was trading at $74.83 per barrel, with West Texas Intermediate at $73.77

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Oil Gas Leads

JUNE 11, 2025

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.

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Operator Gas Oil Basin 52

OilPrice

MAY 27, 2025

Saudi Aramco, the worlds biggest oil firm, is expected to price later on Tuesday a three-part bond in U.S. Saudi Aramco is also reportedly exploring asset sales as a means of increasing the availability of funds to fuel its international expansion and existing operations, according to unnamed sources who spoke to Reuters.

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POWER Magazine

JANUARY 29, 2025

Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW

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OilPrice

MARCH 27, 2025

The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, has secured the first tranche of external financing for the project.

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OilPrice

MARCH 13, 2025

Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report.

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OilPrice

JUNE 5, 2025

Iraqs federal government holds the Kurdistan Regional Government (KRG) legally responsible for continued oil smuggling operations from Kurdistan outside Iraq, the Iraqi Oil Ministry said on Thursday.

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Oil Government Operator IT 223

Marcellus Drilling News

MAY 20, 2025

EOG Resources, one of the largest oil and gas drillers in the U.S. with international operations in Trinidad and China), owns nearly half a million acres of leases in the Ohio Utica (~460,000 acres).

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Oil Operator Gas IT 267

OilPrice

APRIL 10, 2025

Kazakhstan, which has been pumping oil above its OPEC+ quota, is in negotiations with the companies operating in the country on potentially trimming output to fall in line with the OPEC+ agreements, Kazakhstans energy ministry told Russian news agency Interfax on Thursday.

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