Tech Gains Show Up in Emissions Reductions, Midstream Efficiency
Midstream giants Williams and Enbridge have deployed better equipment and AI to ensure more fuel gets to where it’s supposed to go.
Precision Drilling Announces 2025 First Quarter Unaudited Financial Results
CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This …
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Oil Industry ‘Bracing for a Crisis’ as Tariffs Roil Market—WoodMac
Oilfield services companies say they’re navigating short-term uncertainty and maintaining long-term confidence while tariffs and increased OPEC production could increase costs up to 4% onshore and 14% offshore.
IndustryVoice: Industrial AI and the Future of Lifecycle Management in Oil & Gas
Beyond Speed to True Value
NextEra Energy Expects to See Minimum Tariff Exposure
NextEra Energy CEO John Ketchum put the renewable energy unit’s exposure to tariffs at less than $150 million through 2028 on more than $75 billion in expected capex.
As Tesla Falters, These New EVs Are Picking Up the Pace
With new machines from Ford, GM and others, Tesla’s share of the US EV market has slid. By Kyle Stock When Artie R. Williams decided it was time to kick his gas habit, he narrowed his search to three options: the Cadillac Optiq, a Porsche Macan EV and the Polestar 3. — none of which …
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US Widens Sanctions on Iran to Target Lucrative Gas Exports
By Weilun Soon The US’s campaign to impose “maximum pressure” on Iran’s economy now includes the Islamic Republic’s liquefied petroleum gas exports, as Washington broadens its focus beyond crude oil. The Treasury Department on Tuesday sanctioned Iranian national Seyed Asadoollah Emamjomeh, who’s known to ship liquefied petroleum gas and crude oil from the country to …
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Tankers Chartered by Chevron to Move Venezuelan Crude Seek Other Business
By Arathy Somasekhar Marketing of the ships indicates Chevron will not load all cargoes this month One Venezuelan crude cargo still pending return Vessels chartered by Vitol, Reliance and Maurel & Prom departing on schedule HOUSTON, April 23 (Reuters) – Some tankers Chevron had chartered to move crude from Venezuela to the United States this …
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Exxon to Transport, Store 2 mtpa of CO2 from Calpine Facility
The CO2 from Calpine Corp.’s cogeneration facility will tie into Exxon Mobil’s CO2 pipeline system on the Gulf Coast for sequestration and enhanced oil recovery purposes.
Baker Hughes Forecasts Drop in Producer Spending as Tariffs Pinch Demand
By Arathy Somasekhar and Mrinalika Roy Baker Hughes sees 2025 upstream capex down by high-single digits Warns of tariff cost impact, working to raise domestic sourcing LNG technologies and equipment seen as bright spot for Baker HOUSTON, April 23 (Reuters) – U.S. oilfield service provider Baker Hughes (BKR.O) on Wednesday forecast steeper drops in spending …
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