Crude Oil Prices1d
Upstream Oil Investment Needs 30% Boost to Meet Demand
To meet sustained demand, global upstream oil and gas investment must rise from $500 billion to $660 billion annually.
GlobalSpec8d
Oil and gas can be slow to change. Can AI be a disruptor?
The traditional energy sector has leveraged AI technology for almost half a century, but recent developments have seen their ...
Upstream5d
This week’s leading oil and gas appointments
Mick McCormack stepping down as chair of Australian independent Central Petroleum on 30 April, to be replaced by Agu Kantsler ...
China unveils world’s first oil production ship with carbon capture facilities
The floating production storage and offloading unit carries technology designed to mitigate its environmental impact.
Oil8d
United Energy Group to acquire Apex’s upstream oil, gas operations in Egypt
When the deal closes, UEG's gross production in Egypt in 2024 will reach 39,000 boe/d, putting the company among the top 10 ...
Vanguard3d
Volume of stolen crude oil drops to 5,000bpd – NUPRC
He reiterated the NUPRC’s commitment to driving sustainable growth and ensuring transparency in Nigeria’s upstream oil and gas sector.
Imperial Oil Names John Whelan to Succeed Chairman, CEO Brad Corson
Imperial Oil has tapped company veteran John Whelan to take over from Chairman, President and Chief Executive Brad Corson when he retires this spring after roughly five years running the Canadian ...
Zawya7d
Spain’s Tecnicas Reunidas wins $3.4bln upstream contract in the UAE
Spanish engineering firm Tecnicas Reunidas has been awarded a $3.4 billion contract for an upstream oil and gas project in the UAE ... with modular-designed main processing units but didn't name the ...