Industry News

'Looking forward, we expect oil demand to rebound in the coming weeks, averaging 101.4 million barrels per day'.

Talos said it expects production in line with pre-drill estimates of approximately 15 to 20 thousand barrels of oil equivalent per day (MBoepd) gross.

CNOOC expects the field to reach 38 million cubic feet a day in peak production this year.

Alpha will take a few days to reach normal production and export levels after halting earlier this month.

BP has contracted KBR to deliver engineering, procurement, and construction management services for three years with an option for an additional two years.

Devon named Trey Lowe as Senior Vice President and Chief Technology Officer, John Raines as Senior Vice President for Exploration and Production Asset Management and Tom Hellman as Senior Vice President for Exploration and Production Operations.

'Without baseload, we're going to lose the AI arms race to China'.

Oil notched its fourth straight weekly gain, the longest run since July.

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska's National Petroleum Reserve.

The U.S. Energy Information Administration revealed its latest West Texas Intermediate spot price forecasts in its January short term energy outlook.

Tokyo will closely monitor the rollout of new U.S. sanctions on Moscow for any impact on shipments of liquefied natural gas from Russia's Far East.

'As the world demands more firm baseload power, we look forward to opportunities for cooperation to deploy nuclear power at even greater scale'.

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday.

'The Petrosight system addresses the critical need for timely well data and perfectly complements our land management, field data capture, and accounting systems'.

Unite announced that more than half of the members of Scottish parliament have backed its North Sea oil and gas No Ban Without a Plan campaign.

The Chevron-Brightmark joint venture is now one of the leading dairy RNG producers in the U.S.

Laura Lane will take over from Al Williams, who will retire in April.

The pact provides for 'a mutually aligned approach to non-proliferation on civil nuclear issues and for engagement between experts from government, industry, national laboratories and academic institutions'.

ADNOC Gas installed Levidian's patented technology that generates hydrogen and graphene from methane at the Habshan gas processing plant complex in Abu Dhabi.

Gas surged 6.2 percent to 246 billion cubic meters.