IEA: Non-OPEC+ production growth bolstered by new offshore capacity

General Interest Economics & Markets Offshore conventional projects are projected to contribute nearly 700,000 b/d to the anticipated 1.5 million b/d rise in non-OPEC+ production in 2025, according to IEA…

NFPA® 70B: Step-by-step compliance

Who monitors compliance? The equipment owner is responsible for implementing and documenting their electrical maintenance program (EMP). NFPA 70B defines an EMP coordinator as the individual responsible for the program’s…

  • Gas
  • November 18, 2024
Penspen wins hydrogen blending contract with Latvia’s Conexus Baltic grid

Penspen has been awarded a hydrogen blending contract by Latvian natural gas operator Conexus Baltic Grid, boosting its portfolio of energy transition projects. The contract will see Penspen’s UK-based integrity…

Election euphoria ends for oil prices

Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar strengthened. Again, geopolitical tensions in the Middle East were not a…

Election euphoria ends for oil prices

General Interest Economics & Markets Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar strengthened. Again, geopolitical tensions in the…

Wisconsin agency approves two permits for Enbridge’s Line 5 reroute project

General Interest Government Wisconsin’s Department of Natural Resource (DNR) Nov. 15 issued waterway and wetland permits for Enbridge’s 41-mile Line 5 oil pipeline reroute project, moving the contested project closer…

TotalEnergies continues GranMorgu project contracting

TotalEnergies has let another contract to advance development of the GranMorgu project offshore Suriname.    

EIA: US crude inventories up 2.1 million bbl

General Interest US crude oil inventories for the week ended Nov. 8, excluding the Strategic Petroleum Reserve, increased by 2.1 million bbl from the previous week, according to data from…

US finalizes methane fee on emitters in waning months of Biden administration

The US EPA in the waning months of the Biden administration finalized a new rule implementing a methane fee on oil and gas operations that release more than 25,000 tpy…

Ovintiv to add Montney assets, simultaneous Uinta divestiture makes for minimal cash outlay

General Interest Companies Ovintiv Inc., Denver, has agreed to acquire certain Montney assets from Paramount Resources Ltd., Calgary, in a deal valued at about $2.377 billion and has offset the…