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Sep 91 min read

Zephyr Energy reports ‘milestone’ well test results

Zephyr Energy PLC has completed the second phase of production testing for the State 36-2R well with peak production rates of more than...

Sep 61 min read

Peregrine X were pleased to connect with perspective clients at this weeks EIC Technology Showcase Event.

The event is designed to facilitate direct interactions between technology developers and users from the operator and major service...

Sep 41 min read

AI likely to weigh on oil prices over the next decade, Goldman says

Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved...

Sep 11 min read

Big Oil threatening to turn Cop29 into fight over industry’s future

Opec and top oil firms are fiercely opposing efforts to reduce oil and gas demand, seeing economic doom if climate goals are given...

Aug 301 min read

How Exxon chases billions in US subsidies for a ‘climate solution’ that helps it drill more oil

When the oil giant ExxonMobil sponsored an event at the re-energizing Democratic national convention (DNC) in Chicago last week, it was...

Aug 281 min read

Exxon forecasts 2050 oil demand to match today's, 25% above BP estimate

Exxon Mobil said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's...

Aug 231 min read

Top US oilfield firm Halliburton hit by cyberattack, source says

U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter....

Aug 191 min read

New drilling technology to put billions of barrels of oil in reach, analysts say

An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of...