| | | | | | | Sponsored | | Make plans to attend the leading technical energy event of the year! Join us in San Antonio, TX for ATCE 2023 - a dynamic conference where industry leaders, innovators, and experts converge to explore groundbreaking technologies, share insights, and shape the future of energy. Don't miss this opportunity to network, gain valuable knowledge, and be part of the conversation. Secure your spot today! |
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| | | Civitas Resources, Denver, agreed to acquire oil producing assets in the Midland basin in Texas from Vencer Energy LLC, the upstream arm of trader Vitol, in a cash and stock deal valued at $2.15 billion |
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| The ministerial panel within OPEC+ convened on Oct. 4 and agreed to maintain the current oil output policy. This decision came following commitments from Saudi Arabia and Russia to uphold their voluntary supply reductions in order to bolster the market. |
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| | | Keyera has completed its 575-km Key Access Pipeline System. KAPS will transport 350,000 b/d of NGL and condensate from the Montney and Duvernay basins to Keyera’s liquids processing and storage hub in Fort Saskatchewan. |
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| US crude oil inventories for the week ended Sept. 29, excluding the Strategic Petroleum Reserve, decreased by 2.2 million bbl from the previous week, according to data from the US Energy Information Administration. |
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| | | | Sponsored | | Then don’t miss this webinar! As the oil and gas industry looks for ways to reduce costs, firms need digital solutions to help finish the job more quickly and safely. Join us on October 26 to hear how companies like yours can use Bluebeam software to improve efficiency, reduce risk, and gain a competitive advantage. Can’t make it October 26? Register anyway and we’ll send you a recording. |
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| | | ADNOC has let a contract valued at more than $400 million to Baker Hughes for supply of all-electric compression systems for the liquefaction of natural gas at the design-stage Ruwais LNG plant in Al Ruwais Industrial City, Al Dhafrah, Abu Dhabi. |
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| INPEX Corp., Air Liquide Group, LSB Industries Inc., and Vopak Moda Houston LLC will collaborate on pre-front-end engineering and design for a 1.1-million tpy, low-carbon ammonia production and export project on the Houston Ship Channel. |
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| OKEA ASA started production from the Hasselmus gas discovery on the western edge of the Trøndelag platform in the Norwegian Sea, 7 km northwest of the Draugen platform. |
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| Repsol Sinopec Resources has let a 3-year contract extension to Petrofac in support of Repsol’s UK’s North Sea operations. |
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| San Antonio-based Ozona CCS LLC has entered a deal to expand its carbon capture sequestration (CCS) capabilities for oil and gas operators in the Permian basin of West Texas. |
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| | | | Sponsored | | A comprehensive overview of what traders or investors can look at when entering into the business of energy trading. It deals with all critical issues of trading in energy markets. Discussions on market efficiency, the role of commodities in Modern Portfolio Theory, and the NYMEX introduction of Clearport are all covered in this introduction to futures markets. |
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| | | bp PLC-owned Archaea Energy Inc. has officially commissioned a first-of-its-kind renewable natural gas (RNG) plant designed to process by-product gas from landfill decomposing waste in Medora, Ind. |
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| Eni SPA has been awarded a new exploration block offshore the Arab Republic of Egypt as part of the 2022 EGAS International Bid Round. |
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