U.S. Department Of Energy’s Top Accomplishments In 2022
Industry News
December 28, 2022
The U.S. Department of Energy (DOE) has announced a list of its top accomplishments in 2022.
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Industry Trends
NPD November Oil Production Figure Well Below Forecast
Industry News
December 28, 2022
According to the NPD, average oil production in November was 1.740 million barrels per day.
Tamboran Hits Gas At Amungee 2H Well
Industry News
December 27, 2022
Tamboran Resources has hit significant gas at the Amungee 2H well that hit a total depth of 12,739 feet.
Echo Energy Picks New Non-Exec Director
Industry News
December 27, 2022
Echo Energy, the Latin American-focused energy firm, will appoint Lindor Martin as a non-executive director.
Shale Oil Powerhouse Sues Its Own Investors
Industry News
December 27, 2022
One of the biggest landowners in Texas oil country doubled returns to investors in 2022.
Texas O&G Jobs Grow By 2,035 Monthly Since Covid-Low
Industry News
December 27, 2022
Texas upstream oil and gas sector has been adding 2,035 new jobs per month on average since the Covid-low point in September 2020.
TC Energy Announces Partial Pipeline Restart
Industry News
December 27, 2022
‘This restart facilitates safe transportation of the energy that customers and North Americans rely on’.
CNOOC Starts Up Power From Shore Project
Industry News
December 27, 2022
CNOOC has started operations from the Bozhong-Kenli oilfields onshore power project on December 26.
Robots Will Be Oil and Gas Industry Growth Engine
Industry News
December 27, 2022
‘The volume of robotics use cases in the oil and gas industry is expected to grow rapidly’.
Top Trends To Affect Oil and Gas In 2023
Industry News
December 27, 2022
The past year was a banner year for the oil and gas sector as prices rallied to decade highs. Investing News published a list of things to look out for in the coming year.
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Raizen Is Said to Hire JPMorgan for Argentina Energy Assets Sale
Brazil's largest producer of ethanol fuel, Raizen is mulling divestments and slowing down expansions as higher borrowing costs of late in Brazil rattle its finances.
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Oil Gains on Truce Hopes but Closes Week Lower
WTI climbed 0.7% to settle at $67.04 a barrel, yet oil remains down 3.9% for the week as trade and supply concerns continue.
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USA Won't Hesitate on Russia and Iran Sanctions, Bessent Says
The U.S. will not hesitate to go 'all in' on sanctions on Russian energy if it helps lead to a ceasefire in the Ukraine war, Treasury Secretary Scott Bessent said Thursday.
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Enbridge to Invest $1.39 Billion until 2028 in Mainline Pipeline
Enbridge has earmarked an investment of up to about $1.39 billion until 2028 for a Canada-U.S. liquids pipeline with a capacity of about 3 million barrels a day of crude oil.
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Analyst Says Bearish Fundamentals Beginning to Reassert Influence Over Gas
'Yesterday's bearish EIA storage report surprise is the latest in a cascade of bearish fundamental indicators over the past two weeks', Eli Rubin, an energy analyst at EBW Analytics Group, said.
