HOUSTON, August 30, 2023 – Peak 10 Energy (“Peak 10”) today announced its launch as an oil and gas investment platform focused on acquiring long-life oil and gas assets throughout the continental United States. Peak 10’s asset base consists of non-operated…
Geopolitics and energy transition are the most pressing themes for oil and gas industry in 2023, says GlobalData
Geopolitics has become a pivotal macroeconomic theme for the oil and gas industry ever since the start of the Ukraine conflict. The fallout of this conflict…
GECF unveils 4th Annual Gas Market Report
Doha, QATAR: The Gas Exporting Countries Forum (GECF) is pleased to announce the launch of the fourth edition of its Annual Gas Market Report (AGMR).…
Global Gas Flaring Falls to Lowest Level Since 2010
Reduction in 2022 is equivalent to taking three million cars off the road. WASHINGTON, March 29, 2023 — Progress in reducing gas flaring resumed in 2022, with gas flared worldwide falling by 5 billion cubic meters (bcm) to 139 bcm, its lowest level since…
Oil and gas industry overall contract value increased in 2022, reveals GlobalData
The roller coaster ride during the COVID-19 pandemic appears to be coming to an end, with contract activity returning to normal for the global oil and gas industry, despite the ongoing Russia-Ukraine conflict and volatility in crude oil prices. As a result,…
7th edition GECF Global Gas Outlook 2050 launched
Doha, QATAR: The Gas Exporting Countries Forum (GECF) today launched the latest edition of its annual Global Gas Outlook 2050 (Outlook), in the presence of the 2023 President of the GECF, HE Gabriel M. Obiang Lima, Minister of Mines and Hydrocarbons, Republic…
Secretary Haaland Establishes Orphaned Wells Program Office to Implement Historic Investments from Bipartisan Infrastructure Law
WASHINGTON — Secretary of the Interior Deb Haaland today issued a Secretary’s Order to establish an Orphaned Wells Program Office to ensure effective, accountable and efficient implementation of President Biden’s Bipartisan Infrastructure Law’s…
EU natural gas market to remain ‘precarious’ through next winter, says Baker Institute report
Interactive tool from Center for Energy Studies analyzes supply scenarios HOUSTON – Europe is facing high natural gas prices and high uncertainty due to the substantial reduction in Russian imports, and this winter is only the beginning, according…
300,000 tons in carbon emissions to be saved by autonomous oil and gas operations
New research from ABB shows how offshore companies can reduce global carbon emissions by 300,000 tons per site per year[1], the equivalent of taking 150,000 cars off the road[2] Moving to autonomous operations increases reliability and predictability of energy…
De Nora Named Partner for Martin County Produced Water Recycling Center
Neptune technology to help oil and gas provider meet environmental goals MILAN – As the oil and gas sector reels from a shortage of bulk bleach, De Nora Neptune has been named partner of choice for a new Martin Water Midstream development in the Permian…
