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U.S. Buys 4.65 Million Barrels from Strategic Petroleum Reserve
August 1, 2024
Following the finalization of contracts for the most recent solicitation of crude oil for the Strategic Petroleum Reserve (SPR), the U.S. Department of Energy confirms that more than 40 million barrels have been purchased and delivered or secured for delivery
McDermott, TAS Institute Enter Collaboration to Position Sabah as Hub for Energy Projects, Asia
August 1, 2024
McDermott and TAS Institute of Oil and Gas (TAS), the first integrated oil and gas training institute in Sabah, Malaysia, jointly signed a memorandum of understanding (MoU) for cooperation on research and development, training, capacity building, and institutional development. McDermott
Permex Petroleum Appoints Bradley Taillon as President and CEO
August 1, 2024
Permex Petroleum Corporation has appointed Bradley Taillon as the new president and chief executive officer. Taillon’s appointment follows the resignation of Mehran Ehsan who will continue to serve as a member of the board of directors and vice president of
BP Takes FID on Development Kaskida, U.S. Gulf of Mexico
July 31, 2024
BP has taken a final investment decision on the Kaskida project in the U.S. Gulf of Mexico. Production is expected to start in 2029. Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production
SandRidge Energy to Acquire Western Anadarko Cherokee Assets for $144 Million
July 31, 2024
SandRidge Energy has entered into a definitive agreement to acquire certain producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin for $144 million. The company also entered into a joint development agreement (JDA) governing its
Enterprise Products Partners to Grow NGL Export Capacity at Houston Ship Channel
July 31, 2024
Enterprise Products Partners said it is moving forward with a key expansion project along the Houston Ship Channel in response to continued strong customer demand for natural gas liquids export capacity. At the Enterprise Hydrocarbons Terminal (EHT), the company is
Shell and Cheiron to Invest $340 Million in Egyptian Oil and Gas
July 31, 2024
Egyptian Petroleum Minister Karim Badawi has signed two agreements worth a combined $340 million with Shell Egypt and Cheiron Energy to increase oil and gas production in the Mediterranean and Suez Gulf. The deals are part of the government’s ongoing
Gibson Energy Appoints Curtis Philippon as President and Chief Executive Officer
July 31, 2024
Gibson Energy has appointed Curtis Philippon as the company’s new president and chief executive officer, effective August 29, 2024. “We are thrilled to welcome Curtis as the new president and chief executive officer of Gibson,” said Jim Estey, chair of
AIQ and Halliburton Enter iEnergy® Partner Agreement for RoboWell Autonomous Well Control Solution
July 31, 2024
AIQ, the Abu Dhabi-based AI champion with innovative solutions for the energy sector, and Halliburton’s Landmark have signed a partnership agreement where AIQ’s RoboWell autonomous well control (AWC) solution will be made available through Halliburton’s Landmark iEnergy hybrid cloud. This
Air Products Forms Management Board to Execute Company’s Two-pillar Growth Strategy
July 31, 2024
Air Products has formed a management board, bringing together talented senior leadership across the globe to execute the company’s two-pillar growth strategy. That strategy is to optimize and grow Air Products’ core industrial gases business while advancing the energy transition
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