‘Growth Story’ for Oil: Rice's Kenneth Medlock on Demand Trends
Economics drive oil demand, not politics, Rice University’s Kenneth Medlock said during the International Drilling Conference and Exhibition in Galveston.
Global Oil Demand to Grow by 1.9 MMbbl/d in 2024, Says Wood Mac
Oil prices have found support this year from rising geopolitical tensions including attacks by the Iran-aligned Houthi group on Red Sea shipping.
E&P Highlights: Feb. 12, 2024
Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
Amid Climate Scaremongering, Energy Execs Urge Engagement, Realism
From shale boom to net zero goals, industry experts grappled with the contradictions facing the energy industry during SPE’s Hydraulic Fracturing Technology Conference.
2023-2025 Subsea Tieback Round-Up
Here's a look at subsea tieback projects across the globe. The first in a two-part series, this report highlights some of the subsea tiebacks scheduled to be online by 2025.
Nebula Energy Buys Majority Stake in AG&P LNG
AG&P will now operate as an independent subsidiary of Nebula Energy with key offices in UAE, Singapore, India, Vietnam and Indonesia.
Energy Transition in Motion (Week of Jan. 12, 2024)
Here is a look at some of this week’s renewable energy news, including a 2.4-gigawatt wind turbine order win for GE Vernova.
ONGC’s M Field Starts Production in Bay of Bengal
ONGC’s M Field represents the second phase of the larger 98/2 Block development project which is expected to reach peak production of 45,000 bbl/d and 10 MMcm/d.
Energy Transition in Motion (Week of Jan. 5, 2024)
Here is a look at some of this week’s renewable energy news, including a step forward for BP’s efforts to transform an old oil refinery into a biofuel facility.
Solar PV Maker Waaree Plans $1B Facility in Houston Area
The facility is expected to begin producing solar PV modules by the end of 2024.