Natural gas markets around the globe remain tight as uncertainty persists around Chinese LNG demand and further supply cuts by Russia. What’s in store for 2023 based off forecasting of Q1.
Carbon capture is back. In March, the U.S. Department of Energy announced up to $24 million for research into technology that captures carbon dioxide emissions from the air, a technique called direct air capture (DAC).
Per Enverus: Near-term recession concerns and oil price weakness should not obscure a tight oil supply outlook that should spark $100/bbl oil in 2023. NYMEX natural gas meanwhile should dip into the $3.50s next summer.
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity.
At first glance, the DNV 2.7-1 and DNV 2.7-3 standards appear quite similar, but there are some subtle and important differences. We’ll dive deeper into these standards here.
The American Society of Mechanical Engineers (ASME) is a non-profit organization that was founded in 1880 to assist the global engineering industry in developing solutions to real world challenges.
DNV is recognized as the first classification society in the maritime industry and offers certification assurances to the quality and design reliability of specific products. You might be asking, what exactly are DNV assurance certifications, and why is it important?
The U.S. Energy Information Administration recently released its annual short-term energy outlook report, but what does that mean for Texas?
DNV’s global report “The Power of Optimism: Managing scale and complexity as the energy transition accelerates,” draws from a survey of more than 1,000 senior energy professionals and in-depth interviews, to explore the outlook from across the energy industry for 2022. Get your copy today.
Some volatility in the oil market is likely this week, according to Barani Krishnan, a senior commodities analyst at uk.Investing.com.
Texas Independent Producers and Royalty Owners Association has noted that oil and gas jobs in Texas continued growth in December to close out 2022.
Oil rallied to the highest since mid-November, capping off its second straight week of gains on optimism over increased demand from China.
President Joe Biden’s plan to subsidize clean energy is ‘dangerous’ and risks pushing the world toward protectionism, UK Business Secretary Grant Shapps said.
The Inflation Reduction Act (IRA) will significantly boost annual investment into renewable energy deployment in the US.
Oil rebounded on Thursday as investors bet that revived demand from China would outweigh swelling US stockpiles.
Representatives of Petroplan, Piper-Morgan Associates, Kaye/Bassman’s Energy Practice and TMM Recruitment share their thoughts.
Oil fell for the first time in almost two weeks as disappointing US economic data ignited fears of a recession and sparked a sell-off across Wall Street.
A Technip Energies-led JV has been awarded a Pre-Construction Services Agreement for work on the onshore facilities for the Hail & Ghasha Gas Project.
The world’s biggest oil company is confident demand will pick up strongly this year.
The average price of regular gasoline in the U.S. is increasing.
'There's just a lot of oil being left in the ground'.
Oil jumped alongside broader equity markets, with traders embracing risk assets and largely overlooking a bearish US stockpile report.
Offshore Energies UK and Step Change in Safety have unveiled the finalists of The Offshore Safety Awards 2023.
BOEM described the move as a key milestone towards the potential first ever offshore wind lease sale in the GOM.
TotalEnergies has formed a pact with Tree Energy Solutions to develop an e-natural gas production facility in the United States.
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