Industry & Analysis
News
September 11, 2023
The producer has asked the Fair Work Commission to make intractable bargaining declarations for the Gorgon and Wheatstone facilities, adding to a similar request already lodged in relation to the Wheatstone platform, a Chevron spokesman said.
News
September 10, 2023
Known as the Energy Capital of the World, Houston is home to companies right across the energy value chain, and some of the world’s largest LNG export facilities, as well as being a hub for innovation and technology.
News
September 07, 2023
During its 50th anniversary run, Offshore Europe’s participants have shown a remarkable, collective optimism about the future of offshore energy. We talked with Westwood Global Energy Group’s Research Director for Northwest Europe, Yvonne Telford, in the following special interview.
News
September 07, 2023
According to AIDEA, this latest action by the Department of the Interior shows arbitrary disregard for federal law, based on campaign trail rhetoric.
News
September 06, 2023
The 50th anniversary edition of SPE Offshore Europe (OE) got underway Tuesday morning with a solid, well-received Opening Address by British Minister of State for Energy Security and Net Zero, Graham Stuart, MP.
News
September 05, 2023
Chevron has dramatically expanded operations in Texas in recent years, chiefly due to oil production growth in the Permian basin, which now makes up a quarter of the company’s global output.
News
September 05, 2023
Solid oil and gas production from the region is also providing indispensable resources to Europe and the rest of the world, navigating through the energy transition.
News
September 04, 2023
Celebrating its 50th anniversary edition during Sept. 5-8, SPE Offshore Europe 2023 is opening in Aberdeen, Scotland, on Tuesday with a full slate of topical discussions and technical challenges for the energy industry. Held in Aberdeen’s P&J Live venue, the event is themed, “Accelerating the transition to a better energy future.”
News
September 04, 2023
West Texas Intermediate rose as much as 1.9%. Brent also climbed. Prices also gained as U.S. jobs data indicated wages were rising slower than forecast, taking the pressure off the Federal Reserve to hike interest rates.
News
September 04, 2023
The kingdom’s output fell by 170,000 bpd, exactly countering a combined increase from Iran and Nigeria, according to a Bloomberg survey. The Organization of Petroleum Exporting Countries collectively pumped 27.82 MMbpd in August, or 40,000 more than the previous month.
News
September 01, 2023
The Gastech 2023 Technical and Commercial conference program will showcase the very best analysis of global energy markets and next generation solutions-focused case studies, from industry leaders including Baker Hughes, Technip Energies and Rystad Energy.
News
September 01, 2023
Operators were ordered to come into compliance with Commission rules and assessed $360,186 for any oil and gas, LP-Gas, critical infrastructure, or pipeline safety rule violations.
News
August 31, 2023
The event will bring together hundreds of upstream innovators and industry leaders, where attendees will celebrate and recognize cutting-edge technological developments and the people behind them that drive the industry forward.
News
August 31, 2023
Since first installed on Shell's Auger platform in 1994, deepwater steel catenary production risers (SCRs) have been an integral part of offshore oil and gas production facilities. In nearly three decades, hundreds of SCRs have been deployed throughout the industry, as they have proved to be cost-effective and highly reliable.
News
August 31, 2023
Executives and their advisers spoke with more than 28 parties, from international oil majors to pipeline operators, signing confidentiality agreements with 17 of them over a two-and-a-half year period, Plano, Texas-based Denbury said in a filing Tuesday.
News
August 30, 2023
The platinum medal award – the highest rating available from EcoVadis – follows Neptune’s best ESG rating by Sustainalytics in April this year.
News
August 30, 2023
The Saudis introduced the additional production curb in July — on top of cutbacks it’s already made with partners in the OPEC alliance — and has been reviewing its extension on a monthly basis.
News
August 30, 2023
“Congress’ directive is clear in the Inflation Reduction Act that the Department of the Interior must hold offshore Lease Sale 261 in the Gulf of Mexico in order to help meet the energy needs of the American people.," Senior Vice President and General Counsel Ryan Meyers said.
News
August 28, 2023
Unions gave notice for industrial action at the Gorgon and Wheatstone export plants, the company said Monday in an emailed statement. Chevron will “continue to work through the bargaining process as we seek outcomes that are in the interests of both employees and the company,” it said.
News
August 25, 2023
The “fragile five” of Iran, Iraq, Libya, Nigeria and Venezuela — which have struggled with output losses and disruptions for the past few years — will add roughly 900,000 bpd of production this year and at least the same in 2024.
News
August 25, 2023
The challenge follows BOEM’s announcement to hold the final offshore lease sale mandated by the Inflation Reduction Act, but with significantly reduced acreage and severe restrictions on oil and natural gas vessel traffic.
