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Published on Dec 11, 2024

Improving well productivity helps U.S. oil companies increase production at a lower cost

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, November 2024; and Baker Hughes Note: Permian crude oil production shows monthly data smoothed over a 12-month period. Second-quarter 2024 financial results for 34 publicly …

Source: American Journal of Transportation - Neutral
Published on Dec 11, 2024

Azerbaijani President approves law on joint development of Azeri, Chirag fields and deep-water part of Gunashli field

President Ilham Aliyev has signed a law on the adoption and approval of the "Second Appendix to the Agreement on the Joint Development and Production Sharing of Oil from the Azeri, Chirag Fields, and the Deepwater Part of the Gunashli Field in the …

Source: APA - Label Pending
Published on Dec 11, 2024

Specials | Dec 11, 2024 | 9 min read Gujarat Natural Resources Limited Rs. 48.15 Crore Rights Issue to Open On December ...

Others Specials New Delhi [India], December 11: The Rights Issue of Gujarat Natural Resources Limited (BSE: 513536), a leading company in the upstream oil &gas sector in India, will open on December 12 and close on December 20. Gujarat Natural …

Source: Ahmedabad Mirror - Neutral
Published on Dec 11, 2024

Jim Bradshaw: When bear tracks led to the oil patch

Sticky bear paws may have led to one of South Louisiana’s earliest oil discoveries. But it took a while to put two and two together and make them add up to anything worth counting. The oil was seeping into a little pool of water midway between Sulphur and …

Source: St. Mary Now - Louisiana - Neutral
Published on Dec 11, 2024

Pantheon Resources announces Megrez-1 well discovery

Pantheon Resources plc, the oil and gas company developing the Kodiak and Ahpun oilfields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced the Megrez-1 well as a discovery in the eastern topsets in …

Source: Oilfield Technology - Neutral
Published on Dec 11, 2024

India Expands Exploration Policy Beyond Oil and Gas

India expands its exploration policy to include shale oil, shale gas, and coal bed methane, aiming to attract private and foreign investment in the upstream sector. The cabinet recently passed a bill to amend the oil fields (Regulation and Development) Act …

Source: Chemical Industry Digest - Label Pending
Published on Dec 11, 2024

Petroleum Commission chases Kevin Okyere &Springfield to justify oil claims

The Herald, has intercepted a letter from the Petroleum Commission, Ghana, addressed to the Chief Executive Officer (CEO) of Springfield E&P Limited, Kevin Okyere, requesting detailed data and reports related to the Afina Appraisal Programme. The …

Source: The Herald Ghana - Label Pending
Published on Dec 11, 2024

AI in Oil and Gas Market Projected to Grow at 13.5% CAGR, Reaching $7.99 Billion by 2031

WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 11, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “AI in Oil and Gas Market," The ai in oil and gas market was valued at $2.32 billion in …

Distribution channels: Chemical Industry, IT Industry ...
Published on Dec 10, 2024

Supreme Court probes environmental review of Utah oil railway

WASHINGTON — The Supreme Court on Tuesday weighed the fate of an 88-mile railroad project that would transport crude oil in Utah in a dispute over whether federal officials conducted a stringent enough environmental review before approving it. Based on the …

Source: NBC News - Center-left
Published on Dec 11, 2024

ET Oil & Gas Expo 2024: India’s energy consumption to double, infrastructure expansion crucial

New Delhi: India’s energy consumption is projected to increase from 900 million tonnes of oil equivalent (MTOA) to 2,200 MTOA over the next 25-30 years, highlighting the country’s growing energy needs. Natural gas consumption, currently at 188 million …

Source: ETEnergyWorld - Uncategorized
Published on Dec 13, 2024

Reps fume over NUPRC’s N88bn personnel, overhead expenditure

The joint sitting of the House of Representatives Committee on Finance and the Committee on National Planning has expressed dismay over their discovery of N88 billion as personnel expenditure in 2023 by the Nigeria Upstream Petroleum Regulatory Commission …

Source: Daily Trust - Label Pending
Published on Dec 11, 2024

PNG Introduces Modern Production-Sharing Agreement for Oil and Gas Projects

Papua New Guinea's Petroleum Minister, Jimmy Maladina, has announced a significant shift in the country's resource management approach with the introduction of a production-sharing regime set to begin in 2025. Speaking at the PNG Investment Week …

Source: One Papua New Guinea - Neutral
Published on Dec 11, 2024

The new energy shock: Complacency in oil markets could ignite a global crisis

There is a haunting predictability in the way markets shrug off geopolitical risk. Oil prices languish near their 52-week low, even as tensions in the Middle East simmer toward a boil. For anyone who has followed energy markets since the Arab oil embargo …

Source: The Interpreter - Uncategorized
Published on Dec 11, 2024

Jaw-dropping deep-sea oil find sparks global anxiety

Fresh reports of a new, deep-sea oil discovery have arrived, and they’re turning heads among everyday people and seasoned industry pros. Many wonder whether this well could tip the balance of the global market, especially now when energy supply concerns …

Source: Earth.com - Neutral
Published on Dec 11, 2024

NOC, Algeria’s Sonatrach discuss resumption of exploration and drilling operations

The Exploration Department of the National Oil Corporation (NOC) and the Algerian Sonatrach company discussed the company’s exploration activity during the current year in the Ghadames Basin (blocks: 95 and 96), and the work proposed to be implemented next …

Source: The Libya Observer - Neutral
Published on Dec 11, 2024

Bauchi pledges support for actualisation of Kolmani oil exploration

The deputy governor of Bauchi state, Auwal Jatau, Tuesday, assured of the readiness of the state government towards providing necessary support for the full actualisation of Kolmani oil exploration. Speaking to journalists when he led members of the …

Source: Blueprint Newspapers Limited - Label Pending
Published on Dec 10, 2024

Shell and Equinor form largest UK North Sea oil and gas joint venture

Shearwater Platform with walkway leading to wellhead jacket. Off the coast of Aberdeen, Scotland, 2014. Shell’s stake in Shearwater is one of nine operational assets to be shared with Equinor as part of the new JV. Photo: Picture: Shell International The …

Source: Energy Knowledge - Energy Institute - Label Pending
Published on Dec 10, 2024

Deputies approve amendment to oil exploration and exploitation law

Santo Domingo.- The Chamber of Deputies approved, in its second reading, a bill modifying Article 4 of Law No. 4532, which governs the exploration, exploitation, and private benefits of oil fields, hydrocarbons, and related fuels. The bill now moves to the …

Source: Dominican Today - Neutral
Published on Dec 10, 2024

Saudi Arabia Accelerates $2.5 Trillion Mining Plans To Cut Oil Reliance

After enjoying a rare budget surplus in 2022 amid high oil prices, most Gulf Cooperation Council (GCC) economies have seen their budget deficits widen with current oil prices still well below what they require to balance their budgets. According to the …

Source: Oil Price - Neutral

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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 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 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 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 - 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 - 15:38 GMT

Hydrogen Compressor Market to Generate $3,321.1 Million by 2032 | The Future That Works

Hydrogen Compressor Market to Generate $3,321.1 Million by 2032 | The Future That Works NEW CASTLE, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The growth in the oil and gas sector drives the hydrogen compressor market. On the …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on December 13, 2024 - 14:41 GMT

The Future of Phosphonates Market: Emerging Trends and Growth Projections, 2031

The global phosphonates market is projected to reach $1.6 billion by 2031, growing at a CAGR of 5.98% from 2022 to 2031 WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The global phosphonates industry generated $0.9 …

Distribution channels: Healthcare & Pharmaceuticals Industry, Waste Management ...

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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 ...
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 ...
Published on December 13, 2024 - 14:57 GMT

Belgian software company Itineris accelerates expansion in the U.S.

3 contracts signed, including one with the City of Dallas, the ninth largest city in the country. BELGIUM, December 13, 2024 /⁨EINPresswire.com⁩/ -- Ghent, Belgium & Atlanta, U.S. – Itineris, a global leader in innovative SaaS solutions for …

Distribution channels: Companies, Energy Industry ...
Published on December 14, 2024 - 02:46 GMT

Solar Alliance shareholders approve all resolutions at Annual General Meeting

TORONTO and KNOXVILLE, Tenn., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 14:44 GMT

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans. SYDNEY, AUSTRALIA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In the spirit of giving, Econnex has announced that it is on the mission to # …

Distribution channels: Business & Economy, Electronics Industry ...