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Leaky Platforms: Pemex Knocked for Delayed Repairs, "Vast" Methane Leaks

Mar 22, 2024

Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure.New data from the United Nations Environment Program's (UNEP) International Methane Emissions Observatory showed that the problematic Pemex platform in the Gulf of Mexico leaked methane as recently as December 24…

Decarbonization Offshore O&G: Navigating the Path Forward

Apr 25, 2024

In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector…

Current News

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

UAE Exit Weakens OPEC, Raises Risk of Price War

UAE Exit Weakens OPEC, Raises Risk of Price War

United Arab Emirates Exits OPEC and OPEC+

United Arab Emirates Exits OPEC and OPEC+

Technology as Enabler of Energy Security in Offshore Asia

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Bureau Veritas Expands Offshore Services with New Asia Hub

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Europe's response to the energy crisis avoids consumption limits for now
Investors wait for Fed earnings, tech earnings, and oil prices to rise as stocks fall.
Sources say Indian refiners are limiting the use of a special FX credit facility, causing rupee pressure.
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