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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Europe Still Clings to Russia Gas With Record LNG Flow This Year
The bloc purchased a record amount of Russian LNG this year, according to ship-tracking data compiled by Bloomberg.
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Trafigura, Gunvor Weigh Trump Wildcard Against Oil Glut in 2025
Two of the world's biggest oil traders are expecting the market to be oversupplied next year - but both agree that Donald Trump might just change everything.
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Oil Slips Amid Fed Signals and Trump Tariff Threats
Crude posted weekly losses as slower Fed rate cuts and Trump's EU tariff threats weighed on markets, while muted inflation data tempered the selloff.
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EIA Expects USA Energy Consumption to Rise
Total U.S. energy consumption will come in at 23.86 qBtu in the fourth quarter of this year, according to the EIA.
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Phillips 66 to Sell Stake in Gulf Coast Express Pipeline
The transaction will result in the Houston, Texas-based downstream oil and gas player exceeding a $3 billion divestment plan.
