Energy, Oil & Gas

AUTOMA 2025 builds roadmap for smarter O&G industry

The future of the oil and gas industry was on display at The Oil and Gas Automation and Digitalisation Congress (AUTOMA) 2025, held on October 13-14 in Amsterdam. Experts from O&G companies, EPCs, pipeline operators, refineries, service providers and technology developers explored technologies driving AI-powered transformation, smart infrastructure, digital decarbonisation and autonomous operations....

Energy, Oil & Gas

Saudi Arabia's Midad Energy signs $5.4bn Algeria hydrocarbons deal

Algeria's Sonatrach and Saudi company Midad Energy North Africa have signed a production-sharing hydrocarbon contract for the exploration and exploitation of hydrocarbons on the contractual perimeter of Illizi South, located nearly 100 km south of In Amenas....

Energy, Oil & Gas

Aramco will stay dominant in oil, asserts Nasser

Aramco President & CEO Amin H Nasser has emphasised the importance of energy addition to meet rising global demand and Aramco's determination to remain dominant in oil. ...

Energy, Oil & Gas

bp starts up its sixth major upstream O&G project in 2025

bp has started up its sixth major upstream oil and gas project of 2025 with production from the Murlach field in the UK North Sea. The six projects add around 150,000 barrels of oil equivalent per day (boed) combined peak net production, contributing to bp’s target to deliver an additional 250,000 boed combined peak net production by the end of 2027....

Energy, Oil & Gas

US crude oil production will average 13.5 mmb/d in 2025, 2026: EIA

The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million barrels per day (mmb/d) in both 2025 and 2026, both slightly higher than the agency’s September forecast....

Energy, Oil & Gas

Opec+ to implement production adjustment of 137,000 bpd

The eight Opec+ countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—will adjust production by 137,000 bpd in November due to a stable global economic outlook and low oil inventories....