Current Headlines

  1. MedcoEnergi Exceeds Target, Reduces More Than 1.5 Million Tons Of CO2e Ahead Of Schedule 8/4/2025

    PT Medco Energi Internasional Tbk (MedcoEnergi) has recorded a reduction of more than 1.5 million tons of Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline.

  2. Offshore Water Treatment Chemicals To Reach USD 3.7 Billion By 2033 7/31/2025

    According to Research Intelo, the offshore water treatment chemicals market size reached USD 2.1 billion globally in 2024, driven by stringent environmental regulations and the increasing complexity of offshore oil and gas operations.

  3. Woodside To Lead A New Chapter At Bass Strait 7/31/2025

    From an eager but initially unsuccessful junior explorer, born in Victoria in 1954, Woodside found its feet in Western Australia in the early 1970s.

  4. Completion Of Strategic Merger With NEO Energy 7/30/2025

    The strategic merger between Repsol Resources UK and NEO Energy was completed today.

  5. Baker Hughes To Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy 7/29/2025

    Baker Hughes (NASDAQ: BKR) and Chart Industries (NYSE: GTLS) (“Chart”) announced Tuesday they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion.

  6. API Statement On EPA Proposal To Repeal Vehicle Emissions Standards 7/29/2025

    American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the Environmental Protection Agency announced a proposal to repeal the Biden administration's tailpipe emissions standards and restore consumer choice.

  7. SLB Launches OnWave Autonomous Logging Platform 7/29/2025

    Global energy technology company SLB today introduced the OnWave autonomous logging platform that enables more efficient and reliable acquisition of formation evaluation measurements in any well condition.

  8. Making Enhanced Oil Recovery Great Again: OBBA 45Q Tax Credit Shift Cuts E&P Costs By 40% 7/29/2025

    Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages Generative AI across its solutions, has released a report accessing how the One Big Beautiful Bill Act (OBBA) impacts the the equalization of 45Q tax credits, especially as it enhances the economics of carbon dioxide enhanced oil recovery (CO₂-EOR.)

  9. Petrobras' Oil And Natural Gas Production Increases 5% To 2.9 Million Barrels In The Second Quarter Of 2025 7/29/2025

    Petrobras average production of oil, NGL and natural gas was 2.91 MMboed in 2Q25, 5.0% higher than 1Q25.

  10. Global FLNG Capacity To More Than Triple By 2030 7/29/2025

    Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy.