Latest Headlines

  1. New Discovery In The North Sea 8/18/2023

    The volumes are estimated at between 9 and 35 million barrels of oil equivalent. The discovery consists of both oil and gas, mostly oil.

  2. Sval Energi Awarded CO2 Storage Licence In The North Sea 8/18/2023

    Sval Energi has been awarded operatorship for a CO2 storage licence in the Norwegian North Sea. The licence has the potential to store nine million tons of CO2 annually.

  3. PETRONAS Collaborates With Microsoft And Cegal To Drive Upstream Energy Innovation Leveraging Microsoft Azure High-Performance Computing, AI Infrastructure 8/18/2023

    PETRONAS Digital Sdn Bhd (PETRONAS Digital), the digital arm of PETRONAS, has entered into a strategic collaboration with Microsoft and Cegal to accelerate digital innovation for the upstream value chain.

  4. Public Works Professionals Worldwide Gather In San Diego For Annual PWX Conference 8/17/2023

    The American Public Works Association’s (APWA) annual Public Works Expo, also known as the PWX Conference, will draw thousands of public works professionals from across the globe to San Diego from Aug. 27-30 to discuss important issues and developments in all aspects of public works, including clean energy innovations, the latest equipment advancements, infrastructure best practices, and more.

  5. Defeating The Demons Of Demand 8/16/2023

    Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released its latest quarterly FundamentalEdge report focused on global drivers for oil and gas prices to 2030, the five-year oil and gas supply and demand outlook, and price forecasts.

  6. Leading Taiwanese Enterprise Awards Major Contract To Sulzer For GT-BTX PluS / Prime-G+ Technologies 8/16/2023

    Sulzer Chemtech’s GT-BTX PluS and GT-AromatizationSM technologies, combined with Axens’ Prime-G+ technology, were selected by CPC Corporation, Taiwan to streamline its oil to petrochemical value chain at its Talin Refinery in Kaohsiung, Taiwan.

  7. Ring Energy Announces The Closing Of The Founders Oil & Gas Permian Basin Assets Acquisition 8/16/2023

    Ring Energy, Inc. (“Ring” or the “Company”) today announced it has completed its previously announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets of Founders Oil & Gas IV, LLC (“Founders”).

  8. Sentinel Subsea Continues International Growth With Contract Wins Worth Seven Figures 8/16/2023

    Reporting a significant increase in deployments since the beginning of the year, Aberdeen-based Sentinel Subsea (Sentinel) continues to establish itself as a trusted partner for major and independent operators worldwide.

  9. EIR: Density Drives Steepening Declines In U.S. Shale 8/15/2023

    Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released a new report that examines how oil decline profiles have steepened across U.S. shale oil plays over the last decade.

  10. Chesapeake Energy Corporation Announces Sale Of Final Eagle Ford Package For $700M 8/14/2023

    Chesapeake Energy Corporation today announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for $700 million, bringing the total proceeds from its Eagle Ford exit to more than $3.5 billion.