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Oil & Gas Trade
What Will the New Year Bring to the Oil & Gas Industry?
The year, which is now behind us, was marked by a global energy crisis and price volatility, putting the energy trilemma into stark relief. However, 2023 is sti…
United States
The Rise of Robots in the Oil and Gas Industry
The U.S. of robotics in the oil and gas industry is expected to pick up significantly over the next decade after the Covid pandemic accelerated the digitalizati…
Brazil
Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed
Brazilian Economy Minister Paulo Guedes is firmly against the idea of tax increases on the oil and gas industry.
United Kingdom
UK Asks North Sea Oil and Gas Sector to Set out Plan to Reinvest Profits
Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy…
Energy Transition
At Global Energy Conference, Oil and Gas Industry Leaders Argue For Fossil Fuels’ Future in the Energy Transition
Russia’s invasion of Ukraine and grim climate reports changed the conversation, but not the industry’s assertion that it will remain a critical part of the gl…
Oil & Gas Supply
Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …
Oil Price
Putin’s Threats Against Ukraine Could Reinvigorate the U.S. Oil and Gas Industry
Russian President Vladimir Putin has long made it clear that he is no fan of U.S. shale drilling. But, if he invades Ukraine, he may unwillingly help bring back…
South Africa
President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry
The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s …
Crude Oil
Colombia Desperately Needs To Ramp Up Its Oil Production
The COVID-19 pandemic has taken a particularly harsh toll on Colombia’s economically-dependent oil and gas industry.
Oil & Gas Trade
Election 2020: Climate Change Won’t Be Part Of Texas Oil Regulator’s Agenda
In a sweeping victory for America’s oil and gas industry, Republican businessman James “Jim” Wright comfortably won a seat on Texas’ energy regulator with 5…
Crude Oil
US Election 2020: Tough Choices for Oil Industry
Presidential election presents two superficially distinct paths for the US oil and gas industry — four more years of "energy dominance" under President Donald …
Oil Field
China's First Large-Scale Heavy Oil Thermal Recovery Development Platform Started Operation
This move fills the technical gap of large-scale thermal recovery of heavy oil in China's offshore fields.
United States
High-Stakes Presidential Race Casts Cloud Over Future of US Shale
There is much at stake for the US shale oil industry in the forthcoming US presidential race. History shows us that the oil and gas industry did not prosper und…
Oil and Gas Equipment
Nigeria: Rainoil’s New 8000metric ton LPG Tank Helps Widen Expansion
Rainoil Limited’s newly built 8000metric ton capacity Liquefied Petroleum Gas tank, with fleet capacity of 40 trucks, has been launched, targeted at deepening …
United States
Trump Administration to Roll Back Curbs on Methane from Oil, Gas Operations
The EPA is expected to retain some of the rules issued in 2012 that control methane emissions and also limit those of so-called volatile organic compounds that …
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