Oil and Gas
Attacks on Red Sea ships could hike oil prices
The recent decision by BP to halt all shipments through the Red Sea due to increased attacks on commercial vessels by Houthi militants from...
UK Oil and Gas Industry Has to Adhere to 2030 Emissions Target
The current times are critical for the UK oil and gas industry. The emphasis is on enhancing the ability to meet the 2030 emissions...
Oil Demand Could ‘Shrivel’ In the Upcoming Years
Major changes are expected in the oil and gas industry. The International Energy Agency forecasts that toward 2028, global oil consumption will 'shrivel' to...
Republicans Request A Review of US Oil Reserve Management
Earlier in May, two Republicans had asked a congressional watchdog to analyze the current government's management of the Strategic Petroleum Reserve, the SPR. The...
Learnings from PTRC’s Aquistore CO2 Deep Saline Storage Project Helping to Inform New Projects in Canada and Beyond
Erik Nickel, the Chief Operating Officer of the Petroleum Technology Research Centre (PTRC), shows a collection of images from seismic shoots that have taken...
Oil Expected to Be Worth More Than $90/Barrel in 2023
Towards January-end, the U.S. oil crossed above $90 for the first time after 2014. The main driving factor is the increasing demand for petroleum...