The Annual Offshore Oil & Gas Event
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2024 Chengdu International Petroleum & Petrochemical Technology and Equipment Exhibition

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CHENGDU,CHINA

September 11-13, 2024

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Industry News
The following is the news list page
10 2023-10

Texas regulator to overhaul oil field waste management, water protection rules for first time in four decades

AUSTIN- For the first time in nearly 40 years, the Railroad Commissions Statewide Rule 8 will undergo a substantial overhaul to better reflect modern waste management practices and recent adv......

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09 2023-10

ExxonMobil in talks to acquire shale driller Pioneer Natural Resources for up to $60 billion

(Bloomberg) Exxon Mobil Corp. is in talks to acquire Pioneer Natural Resources Co., according to a person familiar with the matter, nearing its largest takeover in more than two decades as th......

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08 2023-10

Australian workers raise new strike threats at Chevron LNG facilities

(Bloomberg) Australian liquefied natural gas (LNG) workers met Thursday to discuss whether they should resume strikes at Chevron Corp. facilities after complaints were raised about the terms ......

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07 2023-10

PETRONAS, Japan to collaborate on cross-border CO2 transportation for CCS projects

(WO) PETRONAS recently signed a Memorandum of Cooperation (MoC) with Japans Ministry of Economy, Trade and Industry (METI) and Japan Organization for Metals and Energy Security (JOGMEC) to st......

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28 2023-09

TechnipFMC banks $1 billion Equinor award at oilfield following final investment decision

Subsea specialist TechnipFMC has won the integrated engineering, procurement, construction and Installation (iEPCI) SURF contract worth up to $1 billion for Equinors controversial Rosebank pr......

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26 2023-09

China's overseas project cooperation makes positive progress in past decade: official

BEIJING, Sept. 26 (Xinhua) -- Cong Liang, deputy head of the National Development and Reform Commission, told a press conference Tuesday that positive progress has been made in Chinas oversea......

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25 2023-09

Caterpillar Oil & Gas introduces new gas compressing engine for lower operator emissions

(WO) Caterpillar Oil Gas introduced the new Cat G3600 Gen 2 Engine, the latest evolution of the powerful G3600 series. With more than 8,500 Cat G3600 units in the field, the Cat G3600 Gen 2 e......

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22 2023-09

SLB, Etu Energias to improve oil production, exploration infrastructure offshore Angola

(WO) Oil and gas company, Etu Energias, and global technology company, SLB, signed a technical services agreement during the second day of the Angola Oil Gas (AOG) 2023 conference and exhibit......

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21 2023-09

Oil must play major role in global energy transition, Exxon, Aramco CEOs say

(Bloomberg) The heads of Saudi Aramco and Exxon Mobil Corp. took to the stage at a major industry event Monday to voice support for the global transition to cleaner forms of energy, but one i......

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20 2023-09

Chevron CEO sees $100 oil amidst tightening global supplies

(Bloomberg) Oil probably is headed for the $100 mark soon amid tightening supplies, said Chevron Corp. Chief Executive Officer Mike Wirth. Robust global growth means the underlying economy ca......

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19 2023-09

OPEC working to keep oil markets stable, Saudi Energy Minister claims

(Bloomberg) Saudi Arabia Energy Minister Prince Abdulaziz bin Salman said OPEC is working to keep oil markets stable and improve global energy security, without targeting any specific price l......

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18 2023-09

Shell, Eni, Perenco awarded licenses in “first-ever” UK carbon storage licensing round

(WO) The North Sea Transition Authority (NSTA) announced the list of companies which have accepted licenses following the UKs first-ever carbon storage licensing round. A total of 14 companie......

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14 2023-09

Tullow oil production in Gabon unaffected by presidential coup, CEO says

(Bloomberg) Tullow Oil Plcs assets in the central African nation of Gabon, which account for around a quarter of its crude oil production, remain unaffected by a presidential coup last month.......

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13 2023-09

Ecuadorian oil field shutdown may be overturned with constitutional support

(Bloomberg) Although Ecuadorians this month voted to shut a major oil field, local residents may be able to overturn the referendum and keep crude flowing, according to Oil and Mines Minister......

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27 2022-10

Oil and gas exploration: Ensuring safe, reliable field performance with end-to-end enterprise asset maintenance

When it comes to success rates for discovering new oil and gas resources, 2021 saw one of the lowest on record. However, with the return of high-impact oil exploration in 2022, O&G businesses......

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