Sponsorship Opportunities Sponsorships are the fastest growing form of marketing. This is particularly true in the niche conference arena, due to its qualitative nature. GOBS offers many unique opportunities to broaden your competitive advantage with this in mind. Companies are often looking for ways to improve how they're perceived by their target audience. Sponsoring events that appeal to... Continue Reading →
GeoPark Announces New Oil Field Discovery Along Western Fault Trend in Llanos 34 Block in Colombia
GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador, today announced the discovery of the new Guaco oil field in the Llanos 34 block (GeoPark operated, 45% WI) in Colombia. GeoPark... Continue Reading →
Oil industry’s future may rest on climate debate over natural gas
Championed by Big Oil as the fastest way to reduce emissions and reviled by environmentalists who say the world needs to ditch all fossil fuels -- the debate over natural gas may be one of the controversial aspects of climate change. The arguments will get an airing as politicians, activists and business leaders gather for... Continue Reading →
Halliburton introduces new electro-mechanical downhole cutting technology
Halliburton announced an asset acquisition of a new portfolio of electro-mechanical downhole cutting tools and tubing punches from Westerton (UK) Ltd. These services provide operators with a safe and reliable alternative to traditional pipe recovery and intervention across the well lifecycle from exploration to abandonment. The electro-mechanical downhole cutting portfolio includes single and rotating blade... Continue Reading →
OPT Inks Two New Contracts with Enel Chile
Ocean Power Technologies has signed two new contracts with Enel Green Power Chile (EGP), a subsidiary of Enel Chile, part of the Enel Group, for the sale of a PB3 PowerBuoy and the development and supply of an integrated Open Sea Lab. The combined value of the contracts exceeds US$1.9 million, and represents OPT’s first... Continue Reading →
Total expects to reach 1GW renewable capacity in Brazil within 10 years
September 23, 2019 Total Eren, the renewable energy arm of the French oil giant Total, expects to reach 1 GW of installed capacity in Brazil in up to ten years, compared to about 140 MW today, said Total E&P's president Philippe Blanchard. "We have the ambition to reach 1 GW here in Brazil in five... Continue Reading →
OGCI launches large-scale carbon capture initiative
The Oil and Gas Climate Initiative (OGCI), an initiative to tackle climate change and backed by 13 oil companies, has launched a new initiative to unlock large-scale investment in carbon capture, use and storage (CCUS). Dubbed a crucial tool to achieve net-zero emissions, OGCI’s CCUS KickStarter initiative is designed to help decarbonize multiple industrial hubs... Continue Reading →
Minister assesses names for Oil secretary
September 20, 2019 The MME should announce by the beginning of next week the name of the new secretary of Oil, Natural Gas and Biofuels, who will occupy the vacancy left by Márcio Felix. Minister Bento Albuquerque evaluates a list of four candidates, with Bruno Eustáquio - deputy executive secretary of the portfolio - remaining... Continue Reading →
Brazil’s Petrobras confronts new foe: fuel thieves
Brazilian state-run oil firm Petrobras has in the last five years battled an epic corruption probe, a crippling recession and unsteady crude prices. Now, Brazil’s most important company is facing yet another challenge: thieves are robbing millions of dollars worth of its fuel to sell on a thriving black market. Continue reading
Shell already seeks markets for its Brazilian pre salt gas
September 20, 2019 Shell is already seeking markets to absorb the volumes of natural gas that the company will produce in the pre-salt future. According to the CEO of oil company in Brazil, André Araújo, there are opportunities in power generation and energy commercialization for large industrial customers. In an event promoted by Shell, the... Continue Reading →