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Equinor and Norwegian technology Vissim have completed the development of a new and expanded ocean space surveillance system for energy operators on the Norwegian and UK continental shelves. View the full article
OPEC+ is expected to keep output steady when it meets next week, anticipating that oil markets will recover from a recent price rout and tighten by year-end. View the full article
Lukoil was the only Russian oil producer to call for a “fast resolution of the military conflict” in Ukraine early March, just after Moscow’s invasion of its neighbor entered its second week. Vagit Alekperov, the company’s founder, chief executive officer and also a major shareholder, announced his resignation in April after being targeted by international sanctions. View the full article
The Independent Petroleum Association of America (IPAA) Board Chairman Jim Wilkes announced the retirement of President and CEO Barry Russell, effective Sept. 1. View the full article
Lukoil PJSC Chairman Ravil Maganov died after falling from a window in a Moscow hospital, according to Russian media reports. View the full article
Investors desperate for clues on the outlook for U.S. shale oil production now have one of their first official forecasts for 2023, with the new chief executive officers of Permian Resources Corp. planning a 10% increase to take advantage of elevated crude prices. View the full article
The American Petroleum Institute announced the promotion of Cole Ramsey to Vice President of Upstream Policy. In this role, Ramsey will lead the API Upstream team, manage API’s Upstream Committee and spearhead the coordination of Upstream oil and natural gas issues across the organization to help advance API’s mission. View the full article
The American Bureau of Shipping (ABS) is providing New Technology Qualification services for pioneering subsea storage technology from NOV. View the full article
In the more than a quarter century since Shell Plc left Ogoniland in southern Nigeria, oil has continued to ooze from dormant wellheads and active pipelines, leaving the 386-square mile kingdom’s wetlands shimmering with a greasy rainbow sheen. View the full article
Texas’s top oil and natural gas regulator adopted a new set of weatherization rules more than a year and a half after a deadly winter storm hit the state and left millions without power for days and left more than 200 people dead. View the full article
Abu Dhabi National Oil Company announced the award of five framework agreements totaling $1.83 billion for Directional Drilling and Logging While Drilling. View the full article
Pioneer Consulting has been contracted by the Zemax-Planova Consortium to provide expertise related to the various oil and gas aspects of the Petrobras Malha Óptica project in Brazil. View the full article
The UK will be almost wholly reliant on imported oil and gas within the next 15 years unless new licenses and investments are granted soon, the leading representative body for the UK’s offshore energy industry has said. View the full article
Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. View the full article
Horisont Energi and Neptune Energy announced the signing of a Memorandum of Understanding to develop the Errai Carbon Capture and Storage project in Norway. View the full article
The American Bureau of Shipping has launched detailed requirements for greener offshore operations in the first sustainability guide to target the offshore industry. View the full article
Zephyr Energy plc, the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, continues to prepare for extended production testing of its successfully drilled and completed State 16-2 LN-CC well. View the full article
European oil major Shell Plc cautioned that Europe may have to brace for a string of winters with exorbitant power bills and electricity rationing as Russia squeezes gas supplies. View the full article
Energy services provider Expro is leading industry efforts to meet environmental targets with the development of a digital technology that can help drilling contractors and operators cut an estimated 146 tons of CO2 emissions annually – the equivalent of 58 transatlantic flights. View the full article
Progress toward an Iranian nuclear deal has thrown the spotlight onto a sizeable cache of crude held by Tehran that could be swiftly dispatched to buyers in the event an agreement gets hammered out. View the full article
Major economies sharply increased support for the production and consumption of coal, oil and natural gas, according to analysis released by the Organisation for Economic Co-operation and Development and the International Energy Agency. View the full article
Mozambique will have to wait a little longer to join the ranks of the world’s liquefied natural gas exporters, after a vessel that was destined for its first offshore production platform changed course at the weekend and sailed away. View the full article
The Railroad Commission of Texas will soon begin plugging more wells to continue its strong track record of plugging abandoned oil and gas wells in Texas. View the full article
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