Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab Emirates in an effort to agree to a firm commitment to reduce carbon emissions ahead of a United Nations climate summit next month. The COP28 summit is scheduled to take place in Dubai between Nov. 30 and …
Big Oil, Heavy Industry Discuss Emission Curbs ahead of COP28 Read More »
Summary OPEC output rises 120,000 bpd from August – survey Iranian production hits new 2018 high of 3.15 million bpd Quota-bound members undershoot implied target by 700,000 bpd LONDON, Oct 2 (Reuters) – OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria …
OPEC Oil Output Rises for Second Month on Nigeria, Iran Read More »
PACS is a software that establishes a complete digital evaluation and workflow among inspection management systems, testing devices and service contractors. Inspection orders, images and results are automatically exchanged between the systems, eliminating disruptive media breaks in information transfer, such as Excel lists, USB Sticks, emails, paper reports etc. Another feature of PACS is a …
What is PACS and How it Can Digitalize Your Inspections Read More »
With EnergyNow Digital Marketing Packages Access EnergyNow’s Audience of over 240,000 North American Energy Professionals As Your Digital Marketing Partner, EnergyNow will: CONSISTENTLY market your company on all EnergyNow platforms (websites, emails & social media SHOWCASE your products and services to a large energy industry audience of over 240,000 energy professionals BUILD your brand and …
At the biggest Middle Eastern energy conference this week, oil won’t be top of the agenda. Ministers and business chiefs will gather in Abu Dhabi for the Adipec summit, an annual gathering where oil investment, production and markets have been dominant topics in the forum’s long-running history. This time around, climate is likely to take …
Climate Looms Large Over Middle East’s Biggest Oil Gathering Read More »
U.S. crude production reached the second-highest level on record in July as output from Texas’s Permian Basin soared to an all-time high. The nation’s output rose to 12.991 million barrels a day, the highest since a peak of 13 million barrels in November 2019, according to data from the Energy Information Administration. Most of the gain came …
U.S. Oil Production Nears Record as Texas Shale Output Soars Read More »
The Biden administration’s proposal to order automakers to increase the average fuel economy of their vehicles in order to limit pollution will cost manufacturers $14 billion dollars in fines, according to the biggest auto industry trade group in the US.Mike Hartrick, senior director of environment and energy for the Washington-based Alliance for Automotive Innovation, said the US …
Stricter Fuel Economy Will Cost Billions, Carmaker Lobby Says Read More »
By Cody Good Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE The adoption of renewable energy sources has been driven by various factors, including environmental concerns, energy security, and decreasing costs. A country’s ability to generate renewables is highly dependent on its geography and abundance of natural resources. Many of the countries with …
INFOGRAPHIC: Renewable Energy Consumption by Country – ENERGYminute Read More »
(Reuters) – The Biden administration’s plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming. The criticism from both sides reflects the difficulty Biden’s White House …
Biden Angers All Sides With Scaled Back Offshore Oil Drilling Plan Read More »
(Reuters) – Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts squeezed global crude supply. Front-month Brent November futures settled down 7 cents to $95.31 per barrel at the contract’s expiry, up about 2.2% in the week and 27% …
Oil Settles Lower but Ends Quarter up 28% on Tight Global Supply Read More »
