Chevron Vice Chairman Confirms Job Cuts

In a statement sent to Rigzone by the Chevron team, Chevron Corporation Vice Chairman Mark Nelson confirmed that the company expects to cut up to 20 percent of its workforce.…

  • Gas
  • February 17, 2025
MOL Group advances SAF production in Slovakia

Hungary-based oil and gas company MOL Group has produced hydrotreated vegetable oil (HVO) biodiesel and sustainable aviation fuel (SAF) at its Slovnaft refinery in Bratislava, Slovakia. The HVO biodiesel was…

  • Gas
  • February 17, 2025
MOL Group advances SAF production in Bratislava

Hungary-based oil and gas outfit MOL Group has successfully produced hydrotreated vegetable oil (HVO) biodiesel and sustainable aviation fuel (SAF) at its Slovnaft refinery in Bratislava, marking a step forward…

  • Gas
  • February 17, 2025
POET joins Tallgrass CO2 pipeline for carbon sequestration

Biofuels producer POET will connect its Fairmont, Nebraska, bioprocessing facility to the Tallgrass Trailblazer carbon dioxide (CO2) pipeline, which will span around 400 miles through Colorado, Nebraska, and Wyoming. Under…

  • Gas
  • February 17, 2025
Erium expands into Africa’s industrial gas market

Having emerged from equity firm Adenia Partners’ buy-out of Air Liquide’s operations across 12 countries, Africa-based Erium has outlined plans for growth and investment. The company has set its sights…

  • Gas
  • February 17, 2025
Erium expands into Africa’s industrial gas market

Having emerged from equity firm Adenia Partners’ buy-out of Air Liquide’s operations across 12 countries, Africa-based Erium has outlined plans for growth and investment. The company has set its sights…

USA EIA Boosts Henry Hub Natural Gas Price Forecasts

In its latest short term energy outlook (STEO), which was released on February 11, the U.S. Energy Information Administration (EIA) increased its Henry Hub spot price forecast for 2025 and…

Nigeria Looks to Boost Oil Production by 1 Million Bpd by End-2026

ByTsvetana Paraskova– Feb 17, 2025, 5:00 AM CST The Nigerian government aims to boost the country’s oil production by 1 million barrels per day (bpd) by December 2026, from the…

China Launches First Carbon Capture Oil Production Vessel

China Launches First Carbon Capture Oil Production Vessel | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 17, 2025, 3:54 AM CST Chinese COSCO has launched the first floating…

Diamondback Close to Taking Over Double Eagle

Diamondback Energy is on track to announce a major acquisition in the Permian this week, boosting its presence there with the takeover of Double Eagle, which could be worth $5…