Newsletter | July 16, 2025

07.16.25 -- EIA Revises Crude Oil Price Forecast Amid Uncertainty And Volatility But Still Expects Prices Will Decrease

FEATURED ARTICLE

Hazardous Area Classification Considerations

By Kaeser Compressors, Inc.

This whitepaper explains hazardous classification systems commonly used in the oil & gas industry and outlines considerations for installing compressed air equipment in these areas.

INDUSTRY NEWS

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EIA Revises Crude Oil Price Forecast Amid Uncertainty And Volatility But Still Expects Prices Will Decrease

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API Applauds Interior Action To Support Production On Federal Lands

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McDermott Awarded Offshore Contract By Brazil's BRAVA Energia

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bp And NOC Sign Mou To Explore Redevelopment Of Giant Libyan Oilfields And Unconventional Potential

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Valaris Announces Multi-Year Contract Awards For Drillships VALARIS DS-16 And DS-18

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Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, And Oman Reaffirm Commitment To Market Stability On Current Healthy Oil Market Fundamentals And Steady Global Economic Outlook And Adjust Production

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Petro-Victory Energy Corp. And Azevedo & Travassos Energia S.A. Sign Binding Memorandum Of Understanding

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Seatrium Secures FSRU Conversion Contract From Kinetics, A Karpowership Initiative

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Longitude Secures 2^nd Engineering Contract For Egypt's West Delta Deep Marine Concession Development

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June Jobs Report: Energy Services Sector Navigates Economic Headwinds With Continued Focus On Stability

FEATURED PRODUCTS

Multi-Channel Process FT-NIR Analyzer FTPA2000-HP260X

The FTPA2000-HP260X is now a simpler and more cost-effective one-box solution for hazardous area multi-channel fibre-optic process FT-NIR analyzer. It is suitable for applications such as Crude Distillation, Hydrocracking, Fluid Catalytic Cracking, Lube Base Oils, Offsites Main Fuel Blending etc.

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