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Home2024March

Month: March 2024

oil and gas
Crude Oil News

Plan to drill for oil and gas near Lowry Landfill Superfund site southeast of Denver raises red flags

March 11, 2024 Mariel Alumit

Aproposed 166-well oil and gas project in suburban Denver could imperil a decades-long, multimillion-dollar effort to prevent carcinogenic chemicals stored on one of the nation’s most contaminated industrial sites from leaking into groundwater, letters from federal and […]

New Mexico
Crude Oil News

New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian Basin

March 11, 2024 Mariel Alumit

SANTA FE, N.M. (AP) — New Mexico’s State Land Office will withhold lease sales indefinitely on its most promising tracts for oil and natural gas development in the Permian Basin as it seeks approval by […]

Offshore
Crude Oil News

Offshore Oil & Gas E&P Staging A Comeback

March 11, 2024 Mariel Alumit

Offshore Namibia, the success rate in offshore discoveries has been phenomenal so far. This week, TotalEnergies and QatarEnergy said they were expanding their efforts to explore for oil and gas in the Orange Basin offshore […]

EQT
Finance

EQT Announces Transformative Acquisition of Equitrans Midstream – Video – Updated

March 11, 2024 Mariel Alumit

Creates America’s only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined company enterprise value over $35 billion Provides >2,000 miles of critical pipeline infrastructure with extensive overlap […]

No Picture
Press

‘You are the farming queen’: Von der Leyen woos farmers in run-up to EU election

March 11, 2024 Stu Turley

  Ursula von der Leyen did not forget about angered EU farmers during the launch of her election campaign for a second mandate at the European Commission on Thursday (7 March) but omitted all reference […]

Climate Change Committee’s
Carbon Capture

Climate Change Committee’s Net Zero Plan Involves Pumping Compressed CO2 With Energy of 500 Hiroshima Bombs into the Ground Every Year. Are They Mad?

March 11, 2024 Mariel Alumit

In the last few weeks a number of serious errors have come to light in the Climate Change Committee’s (CCC) plan for Net Zero. The CCC plan was published mid-2019 in a document titled ‘Net […]

Aramco
Big Oil Companies

Saudi oil giant Aramco posts 25% fall in full-year profit

March 11, 2024 Mariel Alumit

KEY POINTS Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. The result still represents Aramco’s second-highest ever net income. The […]

Biofuels
Biofuel

Biofuels Market Booms as Demand Exceeds Pre-Pandemic Levels

March 11, 2024 Mariel Alumit

Biofuels, particularly those derived from waste and non-food crops, are gaining traction as a renewable energy source to decarbonize hard-to-abate sectors like aviation and shipping. The U.S. and India are leading the charge in biofuel […]

Alberta
International News

Alberta risks billions in renewable investments with new development rules

March 11, 2024 Mariel Alumit

Alberta is at risk of losing its standing as Canada’s go-to destination for renewable energy investment, as continuing uncertainty after its seven-month project moratorium collides with other provinces’ growing embrace of technologies like solar, wind, […]

Oil
Crude Oil News

Oil Settles in Tightest Weekly Range Since 2021

March 11, 2024 Mariel Alumit

Oil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years. West Texas Intermediate fell 1.2% to settle near $78, further […]

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