OTC Asia 2026

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      Equinor and OMV agree new long-term gas sales agreement

      Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV. The agreement is for 5 years starting 1 October...

      Exxon, Amazon awarded slice of $7 billion federal funding for U.S. hydrogen projects

      Hydrogen projects involving Amazon.com Inc., Exxon Mobil Corp. and Air Products and Chemicals Inc. are among those receiving portions of $7 billion in U.S....

      NG Energy expects eight-fold increase in Colombian natural gas production in 2024

      NG Energy International Corp. expects an eight-fold boost in its natural gas production in Colombia after a new field begins production next year. The Toronto-based...

      COP28 Boss Says 2050 Net Zero Goal Has Oil Firms Support

      Recently, Sultan al-Jaber, the president of COP28, stated that over 20 oil and gas companies are rallying around his efforts to lessen carbon emissions...

      $12 Trillion Funding A Need To Avoid Price Surge – OPEC Boss

      As per OPEC Secretary-General Haitham Al-Ghais statement to CNN, so as to avoid a sudden increase in energy prices, it is indeed imperative for the global economy...

      Anticipated $4.21 Billion Growth In AI Adoption In Oil & Gas

      By the year 2028, the utilization of artificial intelligence (AI) in the oil and gas industry is projected to reach a market value of...

      ConocoPhillips to Further Diversify Global LNG Portfolio with Additional Long-Term Agreement for European Regas Capacity

      ConocoPhillips announced further progress on its global liquefied natural gas (LNG) strategy, signing a commercial agreement to secure additional regasification capacity in Europe at...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

      Don’t Miss the Unconventional Resource Revolution’s Next Wave

      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...