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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Eni Raises Share Buyback to $1.7B on Strong Cash Flow
Eni SpA increased its planned share buyback this year to $1.7 billion due to stronger cash flow.
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Oil Swings as US Stockpiles Fall Sharply
Oil fluctuated as traders weighed a larger-than-anticipated drop in US crude stockpiles against broader risk-off sentiment.
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EU Launches Financing Coalition to Achieve Energy Efficiency Targets
The European Commission launched a public-private alliance to increase investment in energy efficiency projects.
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Texas Oil and Gas Production Hit Record Highs
The Texas Railroad Commission revealed that the state set records for both oil and gas production in 2023.
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KBR to Provide Green Ammonia Tech for Fortescue's Norway Project
KBR will provide the technology license, proprietary engineering design, and front end engineering design (FEED) support engineering services for the Holmaneset green ammonia plant.
