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Home2024March

Month: March 2024

Oil and Gas Lease Sales
Political

Biden’s First Public Land Oil and Gas Lease Sales Survive Suit

March 25, 2024 Mariel Alumit

Land bureau properly analyzed climate effects of leasing Sales were held in 2022 in seven Western states The Biden administration’s first oil and gas lease sales on federal lands were upheld Friday by a federal […]

LUCERO ENERGY CORP.
Earnings

LUCERO ENERGY CORP. ANNOUNCES FOURTH QUARTER AND YEAR-END 2023 FINANCIAL & OPERATING RESULTS AND REPORTS YEAR-END 2023 RESERVES

March 25, 2024 Mariel Alumit

CALGARY, AB, March 21, 2024 /CNW/ – Lucero Energy Corp. (“Lucero” or the “Company”) (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce financial and operating results for the three months and year ended December 31, 2023, and to provide 2023 year-end reserves […]

Newsom
Energy Policy

Newsom, Schwarzenegger and activists launch campaign to protect law limiting oil wells

March 25, 2024 Mariel Alumit

LOS ANGELES — Arnold Schwarzenegger and Jane Fonda joined Gov. Gavin Newsom and environmental advocates in Inglewood on Friday to launch a campaign to keep a 2022 law banning new oil and gas wells near homes, […]

Russia
Crude Oil News

World’s Top Oilfield Services Provider Not Leaving Russia

March 25, 2024 Mariel Alumit

SLB, the biggest oilfield services firm in the world, is not planning to abandon its business in Russia, chief executive Olivier Le Peuch told the Financial Times in an interview published on Monday. Pressure has mounted on […]

Oil and Gas
Crude Oil News

USA Oil and Gas Job Figures Jump

March 25, 2024 Mariel Alumit

The U.S. oil and gas industry directly employed 2.04 million workers in 2023. That’s according to the Texas Independent Producers and Royalty Owners Association’s (TIPRO) latest state of energy report, which highlighted that this figure […]

ExxonMobil
Hydrogen

ExxonMobil partners with JERA for its low-carbon hydrogen project

March 25, 2024 Mariel Alumit

U.S. energy major ExxonMobil and its Japanese counterpart JERA have concluded a project framework agreement to jointly explore the development of a low-carbon hydrogen and ammonia production in the United States. ExxonMobil is currently developing […]

Oil and gas
Political

Oil and gas execs are unhappy with Biden — but not eager for Trump’s return

March 25, 2024 Mariel Alumit

HOUSTON — Oil and gas executives are chafing under President Joe Biden’s attempts to rein in their industry — but sweating at the thought that Donald Trump might replace him. Industry executives assembled here for […]

EU
Press

EU imposes duties on Russian food commodities to appease Eastern European farmers

March 25, 2024 Stu Turley

  The European Commission proposed to increase tariffs on Russian and Belarusian grains and oilseeds imports to prevent the destabilisation of the EU market, the funding of Russian aggression against Ukraine, and to try to […]

Nature restoration
Press

BREAKING: Nature restoration law fails to secure support at critical member states meeting

March 25, 2024 Stu Turley

  Hungary’s last-minute decision to withdraw support for the proposal means that the law’s future is uncertain. A planned final vote during Monday’s (25 March) meeting of national environmental ministers is now postponed. To enter […]

Ukraine
Press

Germany and France announce “breakthrough” for joint tank project plus defence production in Ukraine

March 25, 2024 Stu Turley

  French and German Defence ministers Sébastien Lecornu and Boris Pistorius announced major breakthroughs in bilateral defence collaborations on Friday (22 March), as both countries will officially start to develop a new tank and produce […]

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