Industry Trends
News
November 19, 2024
(WO) 鈥 The 20th annual Women鈥檚 Global Leadership Conference in Energy (WGLC) kicked off today with a powerful opening session led by Alexandra 鈥淎lie鈥 Pruner, Senior Advisor at Perella Weinberg Partners/TPH&Co.
News
November 14, 2024
ADNOC announced today the fourth cohort of its prestigious Trading Academy, which prepares ADNOC鈥檚 UAE National talent for roles as global traders of refined and crude products in the company鈥檚 trading operations, ADNOC Global Trading (AGT) and ADNOC Trading (AT).
News
November 13, 2024
Viasat, Inc. has shared its 鈥楽tate of Industrial IoT in 2024鈥 report, which finds energy is leading investment in IoT. The oil and gas sector has remained steady in its investment ($3.2m) since 2021, while renewables moves to increase its investment figures ($3.5m).
News
November 12, 2024
The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies 鈥 representing almost 45% of the global oil production, that have signed up to the Charter鈥檚 ambitions.
Article
October 2024
Oil prices faced another dip in September, following a recovery in August levels.聽 Prices are expected to rise for October, when the final data are compiled.
News
November 04, 2024
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, rallied the energy industry at the 40th ADIPEC meeting to lead the world to the next phase of sustainable socioeconomic growth.
News
November 04, 2024
TechnipFMC and Prysmian today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity.
News
November 03, 2024
During its 95th Annual Meeting in Boca Raton, Fla., last week, the Independent Petroleum Association of America (IPAA) announced its new chairman for a two-year term while also revealing its first Chief Roughneck Award winner in five years. The two-day event hosted independent producers from across the U.S.
News
November 03, 2024
With talent acquisition continuing to be a huge industry challenge, the global research project 鈥淓nergy Sector Entry and the Perceived Barriers鈥 was commissioned by OPITO to better understand young people鈥檚 perceived barriers to entering the energy sector.
Article
October 2024
The oil and gas industry has used CO2鈥痜or enhanced oil recovery (EOR) in mature reservoirs for 50 years. Now, as CCUS becomes a critical part of the industry's decarbonization strategy, lessons learned from EOR can help solve CO2-related subsurface challenges.聽
Article
October 2024
Engineers leveraged data analytics, domain knowledge, and physics and machine-learning models to generate a depth-based optimum operating parameter roadmap automatically. This workflow enables ROP improvement and the reduction of drilling risks, becoming a key element for evolution of autonomous drilling operations and well cost reduction.
News
October 29, 2024
(Bloomberg) 鈥 A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence 鈥 known as hyperscalers 鈥 is becoming a major boon for the fossil fuel industry.
News
October 25, 2024
Techouse has teamed up with TotalEnergies, Equinor and SINTEF Energy Research, to develop and test a compact, lightweight once-through steam generator (OTSG) to reduce fuel consumption and CO2 emissions from offshore oil and gas installations.
News
October 24, 2024
(WO) 鈥 U.S. natural gas production from shale and tight formations decreased slightly in the first nine months of 2024 compared with the same period in 2023, according the U.S. Energy Information Administration (EIA).
News
October 24, 2024
(WO) 鈥 Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., as deepwater drilling work is once again on the rise thanks to steady oil prices and slower production growth from U.S. shale fields.
News
October 22, 2024
(WO) 鈥 Halliburton has introduced iCruise庐 Force, part of a strategic product system designed to expand drilling capabilities to optimize performance and maximize asset value for operators.
News
October 22, 2024
(WO) 鈥 Enovate AI has partnered with Blu Clarity to deliver AI-powered real-time data analytics that will enhance efficiency, reduce costs, promote sustainability and ultimately revolutionize upstream oil and gas operations.
News
October 16, 2024
Seeq enters partnership with AVEVA, highlighting the companies鈥 integrated platforms that simplify access to operational data in context, enabling chemical, energy, metals, mining, utility, and other industrial organizations to improve their operations and production outcomes.
News
October 15, 2024
Nabors Industries has announced a definitive agreement to acquire Parker Wellbore in a transaction valued at $472 million. This strategic move strengthens Nabors' Drilling Solutions business and will lead to profitable growth for both companies.
News
October 14, 2024
Fulkrum has announced the expansion of its service portfolio with the introduction of new Asset Integrity Management (AIM) Services.
News
October 13, 2024
At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer鈥檚 stock reached a 10-year high this week.