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Home2023

Year: 2023

Chevron
Big Oil Companies

Chevron to promote Venezuelan oil chief to run Latin American operations following sanctions relief

November 4, 2023 Mariel Alumit

World Oil (Bloomberg) – Chevron Corp. will promote Javier La Rosa to run its operations in Latin America as it builds its presence in the region. La Rosa, who joined the oil giant in 2000, will […]

Oil
Crude Oil News

Oil heads for weekly loss as geopolitical risk premium wanes

November 4, 2023 Mariel Alumit

CNBC Oil rose on Friday, as the U.S. jobs market slowed more than expected last month, bolstering expectations of a pause in interest rate hikes in the world’s biggest consumer, but they remained on track […]

Oil worker
Big Oil Companies

Oil worker wages hit U.S record amidst slowing shale activity

November 4, 2023 Mariel Alumit

World Oil (Bloomberg) –Wages for U.S. oil workers climbed for a third straight month, setting a fresh record as paychecks prove resilient amid slowing shale activity. Average hourly earnings for front-line oil-and-gas workers rose 0.9% in […]

Bayswater
Energy Tech

Bayswater deploys innovative nitrogen technology in DJ Basin to eliminate consistent source of methane emissions

November 4, 2023 Mariel Alumit

Oil and Gas 360 DENVER, Nov. 2, 2023 /PRNewswire/ — Bayswater Exploration & Production (Bayswater) is proud to be the first operator in the Denver–Julesburg (DJ) Basin to deploy a new innovative technology from Kathairos Solutions that utilizes nitrogen […]

Ukraine
Geopolitical

Game Over: US, European Officials Quietly Nudge Ukraine To Seek Peace

November 4, 2023 Mariel Alumit

With the world’s attention squarely fixed on the Israel-Gaza war — while baseless hope for a Ukrainian expulsion of the Russian army has evaporated — US and European officials have started quietly conferring with Ukraine […]

Climate Crisis

Daily Energy Standup Episode #244 – Weekly Recap: Global Energy Tensions: Europe’s Wind Power Challenge, Uranium Demand Surge, and Oil Price Warnings

November 4, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Europe’s wind power goal hits new snag: security October 29, 2023 Allen Santos North Sea countries to aim to quadruple offshore wind, security plans vague Most governments say offshore developers should […]

Equinor
Energy Transition

Equinor CEO: ‘Different Views’ on Transition Needed for Balance

November 3, 2023 Mariel Alumit

Equinor’s strategic fine-tuning means renewable electricity growth will be less exclusively focused on offshore wind, although that remains critical, while oil and gas production will remain steady this decade, but pivoting increasingly toward natural gas. […]

Swedish
Crude Oil News

Swedish oil firm Maha Energy gains rights in Venezuelan project following sanctions relief

November 3, 2023 Mariel Alumit

(Bloomberg) – A Swedish oil firm is making a bold move into Venezuela after the U.S. eased sanctions, signaling the potential for more of the country’s crude oil to reach global markets. Stockholm-based Maha Energy […]

court
Climate Crisis

Pa. court rules climate program is an illegal tax, says state cannot join RGGI

November 3, 2023 Mariel Alumit

Commonwealth Court is stopping Pennsylvania’s effort to join a cap-and-trade program targeting power plant emissions. Joining the Regional Greenhouse Gas Initiative was Gov. Tom Wolf’s signature climate policy. Under RGGI, power plants must pay for each ton […]

Crude
Crude Oil News

How Permian Innovations Propelled U.S. Crude Production To New Heights

November 3, 2023 Mariel Alumit

US crude oil production hit a record in August with 13.05 million barrels per day, even as the number of rotary US oil rigs declined. The Permian basin has been the focal point for US […]

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