February 28, 2023 – Oil & Gas 360

Exclusive Interview: Qnergy – stirling engines for addressing methane emissions - oil and gas 360

Exclusive Interview – Pioneer Energy designing and manufacturing processing equipment that decarbonizes the oil and gas industry

February 28, 2023

Publisher’s Note: Dan Genovese with EnerCom met with Eyal Aronoff, Chief Executive Officer of Pioneer Energy to discuss Pioneer’s innovative, proprietary hydrocarbon processing systems that capture or eliminate emissions sources and turn otherwise wasted or flared gas and liquid streams into revenue generating products. Pioneer’s systems are designed to more efficiently process wellhead fluids, to capture and process associated and

BP’s CEO warns of oil and gas price spikes if energy transition is rushed

February 28, 2023

Oil Price The energy transition needs to happen in an orderly fashion, BP’s chief executive Bernard Looney said on Tuesday, warning of renewed oil and gas price spikes if supply is cut too quickly without a drop in demand. “Reducing supply without also reducing demand inevitably leads to price spikes – price spikes, leads to economic volatility,” Looney said at the International

RRC concerned Texas may not be able to maximize federal funds to plug orphaned wells

February 28, 2023

World Oil AUSTIN – The Railroad Commission of Texas has filed comments on draft guidance issued by the U.S. Department of the Interior (DOI) for utilizing formula grants to plug orphaned oil and gas wells. Several aspects of the draft guidance have caused concern for the RRC because it could hinder the state’s efforts to use as much funding as

Fortis Energy Services announces promotion of Adam Pomichowski to Vice President Finance & Strategy

February 28, 2023

Oil and Gas 360 Troy, Michigan (March 1, 2023) – Fortis Energy Services, Inc., an award-winning oil and gas well services company, is pleased to announce the promotion of Adam Pomichowski, MBA, to Vice President Finance & Strategy, effective immediately. Mr. Pomichowski is a long-tenured member of the Fortis team, bringing extensive experience in corporate development, finance, and strategy. Pomichowski

Baker Hughes, Amazon Web Services partner to develop automated field production solution for oil and gas industry

February 28, 2023

World Oil (WO) – Baker Hughes, an energy technology company, signed a strategic collaboration agreement with Amazon Web Services, Inc. (AWS) to develop, market and sell the cloud-based Leucipa automated field production solution. The initial phase of the solution was introduced at the 2023 Baker Hughes Annual Meeting. The collaboration leverages AWS services such as advanced analytics and Baker

Baytex to acquire Eagle Ford operator Ranger Oil, accelerates shareholder returns and introduces a dividend with enhanced free cash flow

February 28, 2023

BOE Report Calgary, Alberta – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”, the “Company” or “we”) today announced that it has entered into a definitive agreement (the “Agreement”) to acquire Ranger Oil Corporation (NASDAQ: ROCC) (“Ranger”), a pure play Eagle Ford company (the “Acquisition”). The total consideration to be paid by Baytex, including assumption of net debt, is approximately US$2.5 billion

Polyurethane Additives Market Size to Surpass USD 5.52 billion by 2029, at a CAGR 5.2% | Exactitude Consultancy

February 28, 2023

Luton, Bedfordshire, United Kingdom, Feb. 28, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, th…

Civeo Reports Fourth Quarter and Full Year 2022 Results

February 28, 2023

Highlights: Fourth quarter revenues of $162.2 million, net loss of $13.0 million and operat…

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