Current Headlines
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Kongsberg Maritime Launches The TTH Tunnel Thruster Series For Improved Performance And Maintenance
5/27/2025
Kongsberg Maritime announces the launch of its new Tunnel Thruster type TTH – the Harmonised series – setting new standards in performance and reliability with a compact, modular design that allows for flexible installation and optimal integration into a wide range of vessel types.
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Libra Consortium Announces First Oil From Mero-4 FPSO In Brazil Pre-Salt
5/26/2025
Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil.
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Vermilion Energy Inc. Advances Strategic Portfolio Repositioning With Agreement To Sell Its Saskatchewan Assets And Accelerate Debt Repayment
5/23/2025
Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that it has entered into a definitive agreement for the sale of its Saskatchewan and Manitoba assets (the "Assets") for cash proceeds of $415 million (the "Transaction").
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BCCK Signs Agreement With ZAP Engineering To Deliver NiTech Nitrogen Rejection Unit In Permian Basin
5/22/2025
BCCK, a leader in engineering, procurement, fabrication and field construction services, has signed an agreement with ZAP Engineering and Construction Services, Inc. (ZAP Engineering) to deliver a 45 MMSCFD NiTech Dual Tower Nitrogen Rejection Unit (NRU) and oil removal system.
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API Statement On Passage Of House Reconciliation Bill
5/22/2025
American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the U.S. House of Representatives passed its 2025 tax reconciliation bill.
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API, AFPM Applaud Decisive Senate Vote To Overturn California Gas Car Ban
5/22/2025
American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement on today’s bipartisan passage in the United States Senate of a Congressional Review Act (CRA) resolution to overturn the U.S. EPA waiver authorizing California’s Advanced Clean Cars II ban on sales of new gas, diesel and traditional hybrid vehicles.
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How To Treat Shale Gas Wastewater
5/21/2025
The treatment of shale gas fracturing flowback fluid wastewater is a complex and critical process aimed at reducing environmental pollution, protecting water resources and realizing the resource utilization of wastewater.
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Terradepth Awarded 5-Year Contract In Global Offshore Energy
5/21/2025
Terradepth, a leading provider of Ocean Data as a Service (ODaaS), was awarded a five-year Master Services Agreement with a major offshore energy company.
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Interior Releases Assessment Of Undiscovered Oil And Gas Resources In Southwestern Wyoming
5/21/2025
The Department of the Interior today announced the release of a new U.S. Geological Survey assessment identifying significant undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System.
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API Welcomes Action Averting Possible Shutdown Of The Gulf Of America
5/20/2025
The American Petroleum Institute today welcomed the U.S. National Marine Fisheries Service’s release of a new biological opinion for the Gulf of America ahead of the court-ordered deadline, thereby avoiding significant and immediate consequences for American energy security.