.July 16, 2024

U.S. jet fuel consumption in 2023 remained below the pre-pandemic high

U.S. jet fuel consumption averaged 1.65 million b/d in 2023, 5% below the pre-pandemic high in 2019. So far this year, airline passenger volumes have surpassed 2019 levels and are consistently higher than in 2023. Read More

Hithium plans investment into new production facility in Texas

Hithium, a manufacturer of stationary energy storage products, announced its plans for a new battery module and system assembly facility with annual capacity of 10 GWh, about 14 miles east of Dallas, in Mesquite, Texas.

U.S. announces record oil and gas pollution penalty against Marathon Oil

U.S. officials announced a $241 million settlement with Marathon Oil over alleged air pollution violations at dozens of the company's oil and gas facilities on a North Dakota Indian reservation, saying it was part of an ongoing crackdown. Read More

Global trade in liquefied natural gas continued to grow in 2023

LNG export capacity expanded primarily in the United States, Mozambique, Russia, Indonesia, Norway and Oman. In the United States, Freeport LNG returned to service in February 2023 after being offline since June 2022, and it was operating at full production capacity by April. Read More

Devon Energy announces $5B acquisition of Grayson Mill Energy

The acquisition adds a high-margin production mix that further positions Devon as one of the largest oil producers in the U.S. Pro forma for the transaction, the company estimates its oil production to average 375,000 b/d, with total production reaching an average of 765,000 oil-equivalent Boe/d across its diversified portfolio of assets.

AFPM: Polling shows likely voters nationally oppose Biden-Harris gas-car ban

National polling was conducted June 29 – July 2 by WPA Intelligence and measured likely voter sentiment around gas-car bans, EV mandates and support for candidates who embrace such policies. Read More

Wireless vibration sensor

The Kappa X triax sensor measures vibration and temperature. It combines unrivaled wireless technology, replaceable battery, IP69 rated and a market-leading 10kHz FMax fault detection capability within a compact footprint. Watch

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WEBINAR: Unrivaled passive fire protection: Ensuring long-term safety in any climate

Intumescent coatings, pioneered in the 1970s, have garnered immense attention for their ability to safeguard steel structures from hydrocarbon fires. As O&G exploration ventures into different climates, the demand for intumescent coatings capable of withstanding drastic temperature fluctuations without compromising integrity has surged.

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