IN 2100 THE WORLD’S MOST POPULOUS CITIES WILL BE IN AFRICA

In the 7000s BC, the largest human settlement was located in the ancient Near East. Cities have continued to grow over the ce...

EXXOMMOBIL EXPECTS PRODUCTION RECORDS IN PERMIAN BASIN

ExxonMobil, the US energy giant base in Spring, Texas, recently announced its projections for the coming years. They expect t...

AKER BP DRILLED NORWAY’S LONGEST EVER EXPLORATION WELL

When the Øst Frigg Beta/Epsilon wildcat well reached its target depth, the team had drilled 8168 metres. As it made its way ...

IEA – WORLD OIL DEMAND WILL CLIMB TO A RECORD 101.9 MB/D IN 2023

According to the IEA (International Energy Agency) Oil Market Report, April 2023, world oil demand will climb by 2 mb/d in 20...

FOSSIL FUEL EMISSIONS TO PEAK BY 2025 BEFORE SETTLING INTO STEADY DECLINE

The inflection point for fossil fuel carbon dioxide (CO2) emissions is nigh, with emissions on track to peak by 2025, accordi...

SINOPEC SETS NEW VERTICAL WELL DEPTH RECORD IN THE SICHUAN BASIN

China Petroleum & Chemical Corporation (Sinopec) announced that its Yuanshen-1 risk exploration well in the Sichuan Basin...

GLOBAL MARKET FOR OILFIELD SERVICES CONTRACTORS TO REACH $1 TRILLION IN 2025

Rystad Energy expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at hi...

BP ENERGY OUTLOOK 2022 – THE INEXORABLE FALL OF OIL DEMAND FROM 2025/2030

bp recently published its Energy Outlook 2022 as a contribution to a wider debate about the factors shaping the energy transi...

US NONFUEL MINERAL PRODUCTION INCREASED BY 9% IN 2022

U.S. mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022—an estimated $3.6 billion increase o...