Oil and Gas

Inspenet, September 6, 2023.
Saudi Arabia and Russia announced last Tuesday their intention to extend their voluntary commitment to reduce oil production until the end of this year, despite the rebound in crude oil prices and the prospects that supplies will adjust in the last quarter.

Inspenet, September 5, 2023. Welltec Expandable Anchor: the Welltec solution Welltec has introduced the Welltec Expandable Anchor (WEA) system, a completion-of-life solution designed to secure

Inspenet, September 5, 2023.
Organized by the Argentine Institute of Oil and Gas (IAPG) and executed by Messe Frankfurt Argentina, this exhibition is ready to reveal revolutionary developments in the world of hydrocarbons. It is a gathering aimed at industry professionals, seasoned experts and aspiring youth.

Inspenet, September 5, 2023.
Just six months after taking over as CEO of Shell Plc, Wael Sawan quietly left the world’s largest business project related to reducing its carbon footprint. These environmental projects aim to neutralize the effects of carbon dioxide emissions.

Inspenet, September 4, 2023.
Aramco, the Saudi Arabian oil company, is considering the possibility of carrying out a public offering of shares that could reach a value of up to 50,000 million dollars, according to sources close to “The Wall Street Journal”.

Inspenet, August 31, 2023.
The American oil company Chevron announced last Tuesday that it has evacuated its personnel from three oil platforms in the Gulf of Mexico due to the arrival of Hurricane Idalia. At the same time, Kinder Morgan has plans to shut down an oil pipeline as a precaution.

Inspenet, August 31, 2023.
Amid a global outlook that remains uncertain in terms of oil supply and demand, black gold prices remain on a tightrope, at the mercy of both natural and geopolitical factors.

Inspenet, August 28, 2023.
The Talara refinery in Peru has successfully completed the catalytic cracking and flexicoking procedures (a refining process based on thermal cracking of heavy residues) and is now set to process up to 95,000 barrels of oil per day.

Inspenet, August 27, 2023.
Cheiron, an independent company dedicated to exploration and production, has achieved the discovery of a new oil field in the Geisum and Tawila West concession, located in the Gulf of Suez, in Egypt. The discovery took place through the exploration well GNN-11

Inspenet, August 25, 2023.
The China Petroleum and Chemical Corporation (Sinopec) has obtained official certification of the proven geological reserves of 30.55 billion m3 of natural gas, which have been discovered in Phase I of its Bazhong gas field.