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Natural Gas Services Group, Inc. Announces Justin Jacobs as Chief Executive Officer

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Midland, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE: NGS), a leading provider of gas compression equipment, technology, and services to the energy industry, announced today the appointment of Justin Jacobs as Chief Executive Officer of NGS, effective February 12, 2024. The appointment concludes an extensive and thorough search process undertaken …

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U.S. Crude Production in November Rose to Monthly Record – EIA

Conventional Energy, Latest, Oil, US News / By

U.S. crude production in November rose 0.6% to a new monthly record of 13.31 million barrels per day, as output in Texas and New Mexico notched records as well, the Energy Information Administration said on Wednesday. Crude production in Texas rose by 1.4% to 5.66 million bpd, a monthly record, while crude output in New …

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Norwegian Government Appeals Court Ruling Invalidating Oil, Gas Permits

CDN and International News, Latest / By

Norway’s government on Wednesday said it would appeal a court’s decision to invalidate three permits that the energy ministry had granted for the development of new offshore oil and gas fields. The Oslo District Court earlier this month ruled that the environmental impact had not been sufficiently assessed, after environmental campaign groups in November asked …

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U.S. Oil Refiners’ Weekly Capacity Seen Down 225,000 bpd – IIR

Energy Topics & Technology, Latest, Refineries / By

U.S. oil refiners are expected to have about 1.8 million barrels per day (bpd) of capacity offline for the week ending Feb. 2, decreasing available refining capacity by 225,000 bpd, research company IIR Energy said on Wednesday. Offline capacity is expected to fall to 1.6 million bpd in the week ending Feb. 9, IIR added. …

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Phillips 66 Shuts Section of Oklahoma Panhandle Pipeline After Fire

Energy Topics & Technology, Latest, Pipelines, US News / By

Reuters (Reuters) – Phillips 66  said it has shut a section of a natural gas pipeline it operates in the Oklahoma Panhandle after fire and rupture that occurred on Tuesday morning. The company said it is responding to the rupture and fire, while it has not yet determined the cause of the incident. “There have …

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Leveraging PACS for Efficient Digital Image Management

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Here, we explore how integrating PACS into the current NDT framework brings significant advantages, impacting various facets of NDT practices. Integration With Existing NDT Infrastructure The successful integration of PACS within the existing NDT framework requires a thoughtful approach that considers the specific needs and processes of the industry. NDT encompasses various techniques such as …

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Biden to Offer $1.5-billion Loan to Restart Michigan Nuclear Power Plant

Conventional Energy, Latest, Nuclear, US News / By

Funding will be offered as soon as next month to Holtec to restart its Palisades nuclear plant Bloomberg News Article content The Biden administration is poised to loan US$1.5 billion to restart a closed Michigan nuclear power plant, paving the way for a shuttered reactor to reopen in the U.S. for the first time. The funding, …

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U.S. Seeks to Buy About 3 Million Barrels of Oil for SPR for June Delivery

Conventional Energy, Energy Storage, Energy Topics & Technology, EnergyNow News and Press Releases, Latest, Oil, US News / By

The United States is seeking to buy about 3 million barrels of U.S.-produced sour crude for the Strategic Petroleum Reserve for delivery in June, Department of Energy documents showed on Tuesday. The administration of President Joe Biden is slowly replenishing the emergency stash after selling 180 million barrels in 2022 following Russia’s invasion of Ukraine. …

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Baker Hughes Expects North America Oilfield Spend to Decline in 2024

Energy Services, Energy Topics & Technology, Latest, US News / By

Baker Hughes Expects North America Oilfield Spend to Decline in 2024 (Reuters) – U.S. oilfield technology firm Baker Hughes said on Wednesday it expects spending on drilling and well completion in North America to fall in 2024 as commodity prices remain volatile. Shale producers have looked to reduce drilling to counter weak prices. Many U.S. …

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