Industry News

BP Taps Palantir for New AI Capabilities

Industry News - Tue, 2024-09-10 07:56
Palantir's AIP software will assist BP to safely and reliably harness large language models (LLMs) to improve and accelerate human decision-making.

Well Intervention Opportunities Abound in UKCS: Report

Industry News - Tue, 2024-09-10 07:33
There is a 'huge opportunity to access resources in a more timely, clean, and cost-effective way'.

ORLEN Secures Access to LNG Station in Lithuania

Industry News - Tue, 2024-09-10 07:03
ORLEN has entered into a five-year exclusive agreement with Lithuania's KN Energies granting it sole access to a small-scale LNG reloading wharf station in Klaipeda.

AEA Endorses Trump for President

Industry News - Tue, 2024-09-10 06:40
'There are two major candidates in the race for the presidency, and both of them have a record'.

QatarEnergy Raises LNG Ships on Order to 128

Industry News - Tue, 2024-09-10 06:33
QatarEnergy contracted a Chinese state-owned shipbuilder for six more LNG carriers, bringing the number of LNG vessels put on order by the Gulf state to 128.

Tropical Storm Francine Disrupts Gulf Coast Oil, Gas Output

Industry News - Tue, 2024-09-10 04:36
Tropical Storm Francine forced some oil drillers to halt production and evacuate crews.

Rigzone Talks to Ed Morse About Natural Gas Price Volatility

Industry News - Tue, 2024-09-10 04:23
'We have prices going up sharply one day and down sharply the next', Morse said in an exclusive interview with Rigzone.

CNOOC Declares Breakthrough Gas Discovery in Carbonate Rocks Offshore China

Industry News - Tue, 2024-09-10 03:22
CNOOC made 'the first major exploration breakthrough in ultra-deepwater carbonate rocks offshore China' after drilling about 9,850 feet deep into the Pearl River Mouth Basin.

CCUS Potential of Vietnam Coal Plants to be Studied

Industry News - Tue, 2024-09-10 02:00
'This is the first carbon capture study to be conducted on coal-fired power plants in Vietnam and its findings can help define the development of our national CCUS roadmap and legal framework'.

Fortum Loads First Westinghouse Fuel at Loviisa Nuclear Power Plant

Industry News - Tue, 2024-09-10 02:00
Fortum said the loading now guarantees a reliable Western alternative for fuel deliveries to the Loviisa power plant.

Petrobras to Supply Steelmaker CSN with Gas

Industry News - Tue, 2024-09-10 02:00
The companies aim to develop optimizations that will enable gas deployment in other processes tied to their energy transition targets.

Petrobras, Shell Partnership Bags 26 Pelotas Basin Concession Contracts

Industry News - Tue, 2024-09-10 01:45
Petrobras will hold a 70 percent stake in the blocks as the operator while Shell will own 30 percent.

Mol Secures Deal to Keep Russia Oil Flowing after Ukraine Bars Lukoil

Industry News - Tue, 2024-09-10 01:30
Hungarian energy company Mol said it reached a deal that will ensure the continued supply of Russian crude oil via a pipeline running through Ukraine.

World's Oldest Guerrilla Force Revives War on Oil Companies

Industry News - Mon, 2024-09-09 16:00
Colombian rebels have reopened their war on the oil industry.

Crude Futures Rebounded Monday

Industry News - Mon, 2024-09-09 14:39
Oil rose Monday with tropical storm Francine threatening GOM assets.

Texas Regulator Plugged Over 1,000 Oil and Gas Wells in FY 2024

Industry News - Mon, 2024-09-09 12:30
More than 1,000 orphaned oil and gas were plugged in Texas in fiscal year 2024 using state funds

Analysts Say Natural Gas Prices Are Falling Due to GOM Storm

Industry News - Mon, 2024-09-09 10:03
'Right now, Cameron Parish is near the center of the cone of uncertainty for Six's path, with Sabine Parish on the outer edge of that cone', Energy Aspects' Head of North American Gas warned.

Iran Wants New Talks About the Nuclear Deal at UN General Assembly in NY

Industry News - Mon, 2024-09-09 09:00
Iran aims to rekindle talks about its broken nuclear-power deal with the West.

Noble Closes Acquisition of Diamond, Appoints New Director

Industry News - Mon, 2024-09-09 07:40
The transaction enhances Noble's position as a leading offshore driller, creating the largest fleet of 7th generation dual-BOP drill ships in the industry and adding approximately $2 billion of backlog.

21 Companies Apply for Acreage in Latest Norwegian Licensing Round

Industry News - Mon, 2024-09-09 07:16
'That we succeed in identifying and developing new fields is not only important for employment, value creation and government income here at home. It is also important for energy security in Europe'.

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