Latest Headlines

31. API Welcomes DOE Approval Of LNG Export Permits 4/27/2022

    American Petroleum Institute (API) Vice President of Natural Gas Markets Dustin Meyer released the following statement regarding the U.S. Department of Energy’s decision to approve two new liquified natural gas (LNG) export permits.

32. The U.S. To Witness The Highest Liquefaction Projects Starts In North America By 2026 Due To Russia-Ukraine Conflict, Says GlobalData 4/27/2022

    The US is set to drive North America’s upcoming liquefied natural gas (LNG) liquefaction projects count by 2026, contributing around 68% of the total project starts during 2022 to 2026, says GlobalData, a leading data and analytics company.

33. Hess Announces Three New Discoveries And Increase In Resource Estimate For Stabroek Block, Offshore Guyana 4/26/2022

    Hess Corporation today announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 11 billion barrels of oil equivalent, up from the previous estimate of more than 10 billion barrels of oil equivalent.

34. ExxonMobil Makes Three New Discoveries Offshore Guyana, Increases Stabroek Resource Estimate To Nearly 11 Billion Barrels 4/26/2022

    ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.

35. ExxonMobil Receives Top Certification For Methane Emissions Management For Natural Gas From Permian Basin 4/26/2022

    ExxonMobil said today that approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New Mexico have been independently certified and received the top grade for methane emissions management.

36. MacDermid Offshore Solutions Releases Water-Based Hydraulic Fluid For Offshore Drilling Rigs 4/25/2022

    MacDermid Offshore Solutions (MacDermid), the leading provider of high-performance and environmentally-friendly products for the offshore oil and gas industry, has expanded its product line with the release of Erifon THF 32

37. KCA Deutag Land Drilling Business Awarded Contract Extensions Worth Over $170M 4/25/2022

    KCA Deutag, the global drilling, engineering and technology provider, has secured contract extensions and options totalling over $170M, with the majority focused on extensions with existing clients across core markets in the Middle East.

38. API: FERC Policy Changes Undermine Access To Natural Gas And LNG Exports 4/25/2022

    The American Petroleum Institute (API) today filed comments to the Federal Energy Regulatory Commission (FERC) raising concerns that the Commission’s recently proposed policy changes would undermine development of the natural gas infrastructure and facilities that are needed to increase supply here in the U.S. and expand LNG exports to our allies overseas.

39. C-Innovation Brings Remote Survey Operations To Gulf Of Mexico 4/22/2022

    C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has announced that C-Survey (C-S), an internal division of C-I, has brought its remote survey operations to the Gulf of Mexico for the first time.

40. Improving Operational Efficiency Driving The Data Business In Oil & Gas Market, Valuation Expected To Reach US$ 145.9 Bn 4/22/2022

    The global data business in the oil & gas market is projected to rise at a CAGR of 16.5% throughout the forecast period, rising from a valuation of US$ 31.6 Bn in 2022 to US$ 145.9 Bn by 2032.