Latest News for: Oil technology

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AI, sustainability, and structural changes: what’s coming for the oil and gas industry

Offshore Technology 15 Apr 2025
As the global oil and gas (O&G) industry moves well into 2025, the need to increase efficiency, develop and adopt new technology and enhance exploration, production and refining capabilities is becoming ever more important.
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Between Trump's Tariffs and an Oil Price Slump, How Bad Do Things Look for Russia’s Economy?

Moscow Times 15 Apr 2025
But it could suffer from the collapse of oil prices and rising costs of imports ... For budget planning purposes, the Russian government expected the Urals price, a Russian blend of oil traded at a discount to Brent, to average $69.70 per barrel in 2025.
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Sectors that gained mutual funds’ interest in March. Here’s a breakup

The Economic Times 15 Apr 2025
In March, mutual funds increased their holdings in Capital Goods, Utilities, Oil & Gas, PSU Banks, Cement, and Insurance. Technology and Automobiles saw reduced weight, with private banks leading sectoral holdings ... .
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Egypt Records Historic Primary Surplus of LE 435 Billion Despite Revenue Pressures

Egypt Today 15 Apr 2025
CAIRO - 15 April 2025 ...   ...   ...   ...   ... Several key sectors also showed robust performance. tourism grew by 13.1 percent, non-oil manufacturing by 12.4 percent, and information and communications technology by 15.1 percent.   ...   ... .
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China turns moss into oil-sucking sponge with 90% reusability to fight deadly spills 

Interesting Engineering 14 Apr 2025
Chinese scientists have developed a new material from moss that could transform how we clean up oil spills. The team from Guizhou Education University modified sphagnum moss to absorb oil while repelling water ... A growing need for cleaner technologies.
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CNOOC’s Wenchang 9-7 project starts production in Pearl River Mouth Basin

Offshore Technology 14 Apr 2025
The project, featuring a new drilling and production platform, aims to enhance oil recovery through innovative technologies including miscible gas flooding.
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Informa Markets Prepares to Host the Middle East Oil, Gas and Geosciences Show “MEOS GEO 2025”

bizbahrain 14 Apr 2025
Attendees will have the opportunity to engage in vital conversations on energy transition strategies and the integration of new technologies within the oil, gas and geosciences sectors.
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Indonesia eyes US oil, gas investment amid tariff dispute

Antara News 14 Apr 2025
Jakarta (ANTARA) - Investment in oil and gas ... "One of the strategic commodities is oil and gas ... Besides oil and gas, the information technology sector is also on the radar for potential investment.
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Eyes on the Horizon: Wale Tinubu’s Blueprint for Oando’s Rebirth

This Day 14 Apr 2025
... advanced surveillance technology and intelligence-driven initiatives to curb the perennial, unnecessary, and unjustifiable theft of oil to ensure the long-term integrity of our vast network.
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CNOOC's new oilfield project commenced production

China Daily 14 Apr 2025
The project is expected to achieve a plateau production of approximately 12,000 barrels of oil equivalent per day in 2027 ... The technology solves the problem of low permeability reservoir development and significantly enhances oil recovery.
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Brazil's Offshore Oil Sector is Fueling China

The Maritime Executive 14 Apr 2025
Last year, oil overtook soy as Brazil’s main export for the first time since 2012 ... “The oil and gas industry needs to collaborate with the transition, financing the technologies we need.” ... Oil until when?.
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Milano Cortina 2026 unveils 'Essential' Olympic torch, blending Italian design with sustainability

Xinhua 14 Apr 2025
Powering the torch is bio-LPG, a renewable fuel derived from waste materials such as used cooking oil and animal fats, produced at Eni's biorefinery in Gela, Sicily.
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Microfiltration Membranes Market Size, Share, Demand, Growth Statistics, and Trending Opportunities By 2025-2029

GetNews 14 Apr 2025
These products and systems are used in a range of applications, including fluid delivery, ion exchange, desalination, food and beverage, separation technologies for the oil and gas industry, ...
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Trump's tariffs: Can a smartphone be made in America? What we know

Savannah Morning News 14 Apr 2025
... oil remains in effect. The Asian tariffs are of particular concern for the technology sector as this is where most smartphones and other devices are made.Are any smartphones made in America?.
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Market forecast to continue recovery, but resistance expected at key technical levels

Vietnam News 14 Apr 2025
The outflows were concentrated in export-driven and FDI-related sectors such as industrial parks, seafood, textiles, logistics, agriculture and oil and gas all of which are more vulnerable to tariff risks.
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