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Published on Dec 13, 2024

American Kosmos Energy and British Tullow Oil are negotiating a merger

AK&M 13 December 2024 18:05 American oil producer Kosmos Energy Ltd. and British Tullow Oil Plc have confirmed their participation in merger talks. This is reported in a press release from Kosmos Energy. The proposed deal is aimed at creating an Africa …

Source: AK i M - Label Pending
Published on Dec 13, 2024

New oil, gas reserves found in Khyber Pakhtunkhwa

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Friday announced the discovery of oil and gas reservoir in Khyber Pakhtunkhwa, ARY News reported . According to the Oil and Gas Development Company Limited (OGDCL), the new reserves were found …

Source: ARY News - Label Pending
Published on Dec 13, 2024

In November, there was a certain price stabilization in the global oil market

AK&M 13 December 2024 13:03 In November, there was a certain price stabilization in the global oil market. Brent crude oil prices fluctuated in a rather narrow range of $73-75. This is stated in issue No. 1603 of the monthly bulletin "Branches of …

Source: AK i M - Label Pending
Published on Dec 13, 2024

Tullow Oil in takeover talks with US peer

An embattled oil producer that was once a darling of the London market is in early stage takeover talks with an American peer that is also developing assets in west Africa. Tullow Oil has been approached by Kosmos Energy, a Texas-based oil and gas producer …

Source: The Times - Center-right
Published on Dec 13, 2024

Prime Minister Marape Announces Historic Initialing of Gas Agreement for Pasca Offshore Gas Project

The Government of Papua New Guinea, has initialed a landmark Gas Agreement with Twinza Oil Ltd, the operator of the Pasca offshore gas project. This transformative agreement paves the way for the development of Papua New Guinea’s first offshore petroleum …

Source: PNG Business News - Neutral
Published on Dec 13, 2024

The Deadlock Over Kurdish Oil Exports Continues

By Editorial Dept - Dec 13, 2024, 8:30 AM CST Politics, Geopolitics & Conflict The Iraqi parliament has delayed a decision on Kurdish crude oil exports until January, prolonging a year-long suspension of deliveries amid disputes over authority and …

Source: Oil Price - Neutral
Published on Dec 13, 2024

US oil & gas player pondering takeover of UK firm with initial talks underway

U.S.-headquartered oil and gas exploration and production company Kosmos Energy is mulling over a potential acquisition of the UK-headquartered Tullow Oil, which is set on exploring oil and gas resources in Africa. FPSO Prof. John Evans Atta Mills …

Source: Offshore Energy - Neutral
Published on Dec 13, 2024

Kosmos Energy in Early Talks to Buy Tullow Oil in All-Share Deal

U.S.-based Kosmos Energy said it is in early preliminary discussions to potentially buy Tullow Oil in an all-share transaction that could create an oil producer focused on Africa. “There can be no certainty that any offer will be made, nor as to the terms …

Source: Oil Price - Neutral
Published on Dec 13, 2024

Oil Prices Rise Alongside Geopolitical Risk

Oil prices are climbing once again as geopolitical risk rises and the threat of new U.S. sanctions on Russia's shadow fleet threatens supply. Oil prices have finally outgrown the pains of the OPEC+ meeting, with the potential threat of sanctions now …

Source: Oil Price - Neutral
Published on Dec 13, 2024

New oil and gas reserves discovered in Lakki Marwat

The Oil and Gas Development Company Limited (OGDCL) has announced the discovery of new oil and gas reserves in Lakki Marwat, Khyber Pakhtunkhwa. According to the OGDCL spokesperson, the new gas and condensate reserves were found in the Bettani-2 well, …

Source: Samaa - Uncategorized
Published on Dec 13, 2024

Pakistan: Oil & Gas Development Company announces gas/condensate discovery at Bettani-02 well

Save to read list Published by Alfred Hamer, Editorial Assistant Oilfield Technology, Friday, 13 December 2024 09:30 OGDC has announced that it has made a gas and condensate discovery in Samanasuk formation, an exploratory zone, at the Bettani-02 (Slant) …

Source: Oilfield Technology - Neutral
Published on Dec 13, 2024

Oil Ministry backs allocating OID cess for ONGC, OIL to boost exploration efforts

The Ministry of Petroleum & Natural Gas (MoPNG) is in favour of allocating a portion of the Oil Industries Development Cess (OID cess) to ONGC and Oil India (OIL), which will help in providing more capital to these companies to enhance exploration …

Source: The Hindu Business Line - Neutral
Published on Dec 13, 2024

Minister highlights downstream oil, gas role in energy sufficiency

Jakarta (ANTARA) - Deputy Minister of Energy and Mineral Resources Yuliot Tanjung has highlighted the role of the downstream oil and gas sector in realizing energy self-sufficiency, in line with President Prabowo's Asta Cita vision. He emphasized here …

Source: Antara - Gov't Propaganda
Published on Dec 13, 2024

Ore Purchase Agreement with Westgold Resources Unlocks Gold Production from Crown Prince

Investor Insight Horizon Minerals’ near-term cash-flow potential and its significant land package in the prolific Western Australian goldfields with considerable exploration upside position the company to positively leverage the current bull gold market …

Source: Investing News Network - Neutral
Published on Dec 13, 2024

Government and TIMOR GAP sign Memorandum of Understanding concerning potential development of Chuditch PSC gas resources

Fri. 13 of December of 2024, 12:19h The Government, represented by the Ministry of Petroleum and Mineral Resources, signed a Memorandum of Understanding on 12 December 2024 with the public company TIMOR GAP, E.P. (parent to TIMOR GAP Chuditch Unipessoal …

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Published on Dec 13, 2024

OGDCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa

Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced the discovery of hydrocarbon reserves at the Bettani-02 (Slant) well in the district of Laki Marwat, Khyber Pakhtunkhwa. The company disclosed …

Source: Business Recorder - Neutral
Published on Dec 13, 2024

Vår Energi makes new oil discovery near Goliat in Barents Sea

Vår Energi has confirmed an oil discovery in the Countach appraisal well near the Goliat field in the Barents Sea. The preliminary estimated gross recoverable resources from the well range between four and 25mboe, increasing the total estimated recoverable …

Source: Offshore Technology - Neutral
Published on Dec 13, 2024

The Future Of Oil And Gas Drilling/Completions, Roles Of Artificial Intelligence And Machine Learning

Artificial Intelligence (AI) — the rapidly-evolving ability of computers, robots and other machines to make decisions, assist with planning, improve communication, and aid creativity — is already changing the world. Machine learning, for example, is a …

Source: Independent - Label Pending
Published on Dec 13, 2024

ADX appraisal well boosts Anshof oil production as focus turns to nearby drill targets

ADX Energy brings Anshof-2A oil well into production at an initial rate of ~70 barrels per day with the potential increase the rate over time This increases Anshof oil production up to 170bpd, 100bpd net to the company Long-term production being assessed …

Source: Stockhead - Neutral

18 days 14:49:11

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Published on December 13, 2024 - 11:08 GMT

Wireless Gas Detection Market Size to Hit US$ 2.6 Billion by 2031 | TMR

Wireless Gas Detection Market is expected to surpass the value of US$ 2.6 Bn by 2031, expanding at a CAGR of 5.2%. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The wireless gas detection market has gained significant …

Distribution channels: Manufacturing ...
Published on December 14, 2024 - 15:17 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...

Published on December 14, 2024 - 15:15 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 13, 2024 - 07:02 GMT

Oil Spill Management Market Growth to Exceed USD 139.4 Billion by 2027 | Transparency Market Research

The global oil spill management market is projected to rise at a CAGR of 3.1% and to reach US$ 139.4 Bn by the end of the forecast period 2019 to 2027. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The global oil …

Distribution channels: Chemical Industry ...

Published on December 13, 2024 - 05:14 GMT

Gas Turbine Market Estimate to Hit $25.4 Billion by 2030

Global Gas Turbine Market projected to grow at a CAGR of 3.3% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global gas turbine …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 12, 2024 - 09:39 GMT

Oil and Gas Gasket Market Projected to Reach $1.71 Billion by 2034, Growing at a 2.8% CAGR, Says Fact.MR

Oil and Gas Gaskets Proving to be Very Helpful in Industrial Pipeline Connections Leading to Steady Market Growth ROCKVILLE, MD, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- As analyzed in the recently updated report by Fact.MR, a …

Distribution channels: Business & Economy ...
Published on December 13, 2024 - 01:48 GMT

Liquefied Petroleum Gas Market Estimation Worth USD 243.4 Billion by 2030

Global Liquefied Petroleum Gas (LPG) Market projected to grow at a CAGR of 6.5% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 14, 2024 - 12:23 GMT

The Arctic This Week Take Five: Week of 9 December, 2024

Back to Publications Luleå Steel Producer Receives Grant for Green Transformation As reported by High North News on December 11, the Swedish steel producer SSAB has received SEK 1.45 billion (USD 132 million) in funding from the EU’s Just Transition Fund …

Distribution channels: Environment

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Published on December 14, 2024 - 15:18 GMT

Middle East Energy Powers Up with New Features, Product Sectors, and Industry Conferences

DUBAI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The expanded 2025 edition of Middle East Energy, the region’s leading energy exhibition bringing together the leading lights of the industry, will feature a host of new shows, …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:17 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:15 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:06 GMT

Longi Hi Mo X6 Artist by Longi Green Energy Technology Co.,Ltd. Wins Iron in A' Energy Industry Awards

Innovative Solar PV Module Recognized for Exceptional Design, Efficiency, and Aesthetic Appeal in Prestigious International Design Competition COMO, CO, ITALY, December 14, 2024 /⁨EINPresswire.com⁩/ -- The A' Design Award, a highly respected …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on December 13, 2024 - 23:30 GMT

Batteryless Storage Solutions Market to Grow at a 29.6% CAGR, Surpassing US$ 9.2 Bn by 2034

The global batteryless storage solutions market, valued at $540 million in 2023, is projected to grow at a 29.6% CAGR, reaching $9.2 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global batteryless …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:15 GMT

Advanced Wind Turbine Blade Materials Market to Reach US$ 9.8 Bn by 2034, Expanding at a 6.3% CAGR

The global advanced wind turbine blade materials market, valued at $5.0 billion in 2023, is projected to grow at a 6.3% CAGR, reaching $9.8 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:00 GMT

Paper-based Biofuel Cell Market Forecast: From US$ 300.0 Mn in 2023 to US$ 580.0 Mn by 2034

The global paper-based biofuel cell market, valued at $300 million in 2023, is projected to grow at a 6.3% CAGR, reaching $580 million by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global paper-based biofuel …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:45 GMT

Floating Wind Turbines Market Trends: Valued at US$ 4.9 Bn in 2023, Projected to Reach US$ 83.4 Bn by 2034

The global floating wind turbines market, valued at $4.9 billion in 2023, is projected to grow at a 29.4% CAGR, reaching $83.4 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global floating wind …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:30 GMT

Smart Bins for Waste Management Market Forecast: From US$ 75.3 Mn in 2023 to US$ 292.4 Mn by 2034

The global smart bins for waste management market, valued at $75.3 million in 2023, is projected to grow at a 13.1% CAGR, reaching $292.4 million by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global smart …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:15 GMT

Solar Panel Operation & Maintenance Market Set to Achieve US$ 16.4 Bn by 2034, Growing at a 10.1% CAGR

The global solar panel operation & maintenance market, valued at $5.7 billion in 2023, is projected to grow at a 10.1% CAGR, reaching $16.4 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:03 GMT

SEAPEAK LLC DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS

HAMILTON, BERMUDA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company’s Series A preferred units (NYSE:SEAL PR A) and $0.5313 per unit on the Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 21:45 GMT

Teflon Heat Exchanger Market Expected to Grow at a 7.7% CAGR, Reaching US$ 2.5 Bn by 2034

The global Teflon heat exchanger market, valued at $1.1 billion in 2023, is expected to grow at a 7.7% CAGR, reaching $2.5 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global Teflon heat exchanger …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:30 GMT

Alternative Energy Market Projected to Reach US$ 3.4 Trn by 2034, Growing at a 12.4% CAGR

The global alternative energy market, valued at $940.4 billion in 2023, is projected to grow at a 12.4% CAGR, reaching $3.4 trillion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global alternative energy …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:15 GMT

8 Trends Influencing U.S. Freight Railroading In 2025

Consumer confidence, energy pricing & deregulation, among other factors, provide a favorable environment for short-term growth and long-term industry planning MARLTON, NJ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 18:50 GMT

Smart Society Ventures Releases Whitepaper on Decentralized Energy and Grid Technology

GENEVA, SWITZERLAND, December 13, 2024 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV) is proud to announce the release of its latest whitepaper, “Building a Smart Society: Decentralized Energy and the Grid Tech to Power It.” This …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 17:29 GMT

Worry Free Davis Bacon Isssues for Construction Companies Doing Business with the Federal Government

Tax Incentives SCOTTSDALE, AZ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Making sure that every employee receives the prevailing wage on a government construction job may sound easy if the company has 2 or 3 employees. Add in 15 …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on December 13, 2024 - 17:16 GMT

Arden Nights 2024: How Music and Evertreen’s Tree-Planting Initiative Transformed Nepal’s Ecosystems

LOS ANGELES, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Evertreen, the platform that makes it easy to plant real trees online, is thrilled to look back on the success of its partnership with Arden Records during Arden Nights 2024. …

Distribution channels: Companies, Energy Industry ...
Published on December 13, 2024 - 16:00 GMT

Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida

SÃO PAULO, SÃO PAULO, BRAZIL, December 13, 2024 /⁨EINPresswire.com⁩/ -- Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida A contagem regressiva para o Natal já começou, e esta é a época perfeita …

Distribution channels: Energy Industry, Gifts, Games & Hobbies ...
Published on December 13, 2024 - 15:22 GMT

LOBO Systems: A 2025 Revolution in Safe and Cost-Effective Work Platforms

DERBY, DERBYSHIRE, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- As industries strive for greater efficiency and safety in the face of rising costs and tighter schedules, LOBO Systems offers a timely alternative to traditional …

Distribution channels: Automotive Industry, Energy Industry ...
Published on December 13, 2024 - 15:15 GMT

CE-LINK Launches 3000W Portable Power Station Solution for Electric Vehicle Charging

DONGGUAN, CHINA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In recent years, the electric vehicle market has been growing rapidly as the global awareness of green mobility increases. However, the construction of charging infrastructure has not been …

Distribution channels: Automotive Industry, Consumer Goods ...