Venezuelan state energy company PDVSA's new management expects to boost the country's oil production to 1.17 million bpd by year end while increasing refining and exploration activities, an internal planning document showed.
ONEOK Inc agreed to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 B including debt, bringing natural gas-focused ONEOK into transporting refined products and oil.
Iraq expects TotalEnergies to begin operations on a long-delayed $27-B oil, gas and renewables project in the second half of 2023 after finalizing side-contracts with a state oil company.
A number of oil and gas companies in Canada's main crude-producing province Alberta restarted shuttered production as wildfires that sparked widespread evacuations eased, although officials warned conditions could deteriorate.
Japan's biggest oil refiner Eneos Holdings said it planned to more than double net profit to ¥310 B in three years and expand aggressively in green energy and climate-friendlier fuels.
For organizations to secure their operations and reduce cyber threats, a successful cybersecurity strategy requires solutions to secure endpoints—any device that is connected to a network outside of its firewall, including laptops, human-machine interfaces (HMIs), switches, Internet of Things (IoT) devices and more.
Within the petrochemical industry, fired heater tubes and boilers experience high tube metal temperatures (TMTs) for extended periods of time.
In the last few years, sustainability initiatives have started a dramatic shift from hydrocarbon to hydrogen (H2) production.
Recent legislation, such as the Low Carbon Fuel Standard (LCFS) and the Inflation Reduction Act of 2022 (which was passed in the U.S.), provide financial incentives for projects generating power, transportation fuels or other forms of energy to reduce their overall carbon emissions.