Industry News

ConocoPhillips said on Monday it had struck gas off the coast of southeastern Australia after beginning its maiden exploration drilling on November 1.

The average number of active rigs per month that are drilling for oil and natural gas in the U.S. Lower 48 states has declined steadily over the past few years, however production levels are at record highs despite the reduced rig counts.

Canadian pipeline operator Enbridge recently approved $1.4 billion in expansion projects for its Mainline and Flanagan South pipelines to the U.S.

Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG.

Global oil and gas demand could grow until 2050, the International Energy Agency (IEA) said on Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following U.S. criticism about its climate focus.

Baker Hughes will supply key equipment for the proposed Alaska LNG project that aims to build a pipeline and terminal to export natural gas from Alaska.

EPA said it approved 14 requests from small refineries for full or partial exemptions to the nation's biofuel blending mandates.

Baker Hughes announced the integration of Antea’s mechanical integrity (MI) capabilities into its Cordant™ Asset Performance Management (APM) software.

Plains All American Pipeline has announced the closing of acquisitions totaling 100% equity interest in EPIC Crude Holdings, LP, the entity that owns and operates the EPIC Crude Oil Pipeline

BP has agreed to sell minority stakes in some of its US onshore pipeline assets in the Permian and Eagle Ford basins to investment firm Sixth Street for $1.5B.

Introducing the IGS Tube Tech rover system, the next generation in autonomous cleaning technology, capable of removing more than 90% of fouling and restoring your fired heater convection sections to their original design thermal efficiency.

ADNOC and Gecko Robotics have expanded their strategic partnership with three new agreements to explore deploying robotics and artificial intelligence across ADNOC’s operations and boosting future skills training for UAE Nationals.

After starting up operations at four new refining and chemicals initiatives this year, ExxonMobil is surveying more opportunities to revamp other sites.

HF Sinclair is considering a multi-phased expansion of its Midstream refined products footprint to address the increasing supply and demand imbalances in key western markets, particularly in Nevada and California.

NextEra Energy has announced two transformative agreements with Google, which will strengthen U.S. nuclear leadership and help meet growing energy demand from artificial intelligence (AI) with clean, reliable nuclear energy.

Bharat Petroleum Corp and Oil India will jointly build a 1-trillion-rupee ($11.38 billion) refinery and petrochemical complex in southern India.