Industry & Analysis
News
November 20, 2024
The world’s leading oil and gas companies, including BP, Chevron, Shell, TotalEnergies, ExxonMobil and Eniare, are recognizing the growing global demand for sustainable fuel sources with over 40 biofuel projects planned by 2030.
News
November 20, 2024
Awards for excellence in decommissioning were presented to CNOOC International and J+S Subsea at a celebratory dinner for more than 500 leaders of the North Sea specialist industry organised by OEUK as part of its annual Decommissioning Conference held in St Andrews, Scotland.
News
November 19, 2024
ONEOK has agreed to sell its three wholly owned interstate natural gas pipeline systems—Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission—to DT Midstream for $1.2 billion in cash.
News
November 19, 2024
Enverus Intelligence® Research (EIR) is releasing its annual Haynesville Play Fundamentals that examines the distribution of remaining inventory across the play using economic viability. The report leverages Enverus analytics to assess the prospective quality of the emerging Western Haynesville play.
News
November 19, 2024
Today the IPAA presented its issue priorities to the Trump transition team. IPAA members are the primary producers of the nation’s oil and natural gas, accounting for 83 percent of America’s oil production and 90 percent of its natural gas output.
News
November 18, 2024
Today in Newsweek, API President and CEO Mike Sommers outlines how the next administration and new Congress can advance commonsense energy policies that work for all Americans. Strength in leadership, homegrown production and upholding consumer choice are among his top points to consider.
News
November 18, 2024
The Energy Workforce & Technology Council (EWTC) and National Ocean Industries Association (NOIA) have both voiced their support of President-elect Trump's choices for U.S. Energy Secretary and U.S. Interior Secretary, respectively.
Article
October 2024
The U.S. Supreme Court's decision on June 28, 2024, to overturn the Chevron deference doctrine will bring significant uncertainty and potential legal challenges to oil and gas, affecting regulatory interpretations and increasing scrutiny on emissions, permitting processes and agency regulations. Companies will need to adapt to this evolving legal landscape.
News
November 15, 2024
(Bloomberg) – The head of Liberty Energy Inc., the world’s second-largest fracing services company, has gained prominent endorsements as a potential pick for Donald Trump’s energy secretary.
News
November 15, 2024
On the back of a series of policy reforms and regulatory changes, Ghana has positioned itself as a globally competitive oil and gas market, with ambitious energy targets and goals to boost oil production while stimulating development across the natural gas value chain.
News
November 14, 2024
Pepperstone today shared an in-depth analysis of the latest movements in the international oil markets and short-term scenarios. Trading is centered around $67 per barrel, a level that has limited declines since September and reflects uncertainty about market outlook, the report states.
News
November 13, 2024
Viasat, Inc. has shared its ‘State of Industrial IoT in 2024’ report, which finds energy is leading investment in IoT. The oil and gas sector has remained steady in its investment ($3.2m) since 2021, while renewables moves to increase its investment figures ($3.5m).
News
November 13, 2024
The American Petroleum Institute (API) has released a new policy roadmap for the incoming Trump administration and next Congress to secure American energy leadership and help reduce inflation.
News
November 11, 2024
(Bloomberg) – India's Oil and Natural Gas Corp.’s (ONGC) quarterly profit beat analyst estimates despite a dip in production and weak crude prices. ONGC's net income rose 17% from a year earlier to 119.8 billion rupees ($1.4 billion) in the July-September quarter, according to a stock exchange filing Monday.
News
November 11, 2024
ADNOC Gas plc and its subsidiaries today announced strong earnings for the third quarter of 2024, with net income increasing 11% year-on-year (YoY) to $1.24 billion, beating Bloomberg consensus for the quarter.
News
November 11, 2024
Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) showcased six high-potential onshore licensing opportunities and extensive data packages at African Energy Week: Invest in African Energies.
News
November 10, 2024
The Republic of Congo (ROC) is preparing a new Gas Code to incentivize investment across the natural gas value chain. Concurrently, the country is preparing to launch its Gas Master Plan (GMP), serving as a roadmap for investing in the ROC’s gas sector.
Article
October 2024
Part 2: Since 1929, the Independent Petroleum Association of America (IPAA) has advocated for, protected and defended thousands of independent producers. As the association nears its 95th Annual Meeting in October, this second of two articles examines the last 30 years.
Article
October 2024
Oil prices faced another dip in September, following a recovery in August levels. Prices are expected to rise for October, when the final data are compiled.
News
November 07, 2024
Western Energy Alliance today congratulated the newly re-elected president Donald J. Trump. The association of western oil and natural gas exploration and production companies also recognized Senator Steve Daines (MT) for his successful chairmanship of the National Republican Senate Committee flipping the U.S. Senate.
News
November 06, 2024
Former President Donald J. Trump will be President again, come Jan. 20, 2025, after his historic comeback win in the U.S. presidential election of Nov. 5. World Oil Editor-in-Chief Kurt Abraham gives his take on what change the election results could bring for the oil and gas industry.
