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Home2024April

Month: April 2024

Hydrogen

Hydrogen pipeline network would cost customers 87% more to use than existing gas grid: study

April 10, 2024 Mariel Alumit

Extending Germany’s “core” hydrogen network beyond industrial customers to serve homes and small businesses could end up being hugely costly for end users — even before the actual cost of hydrogen is factored in, a […]

Oil
Crude Oil News

Oil settles higher after Israeli strike overshadows ceasefire talks

April 10, 2024 Mariel Alumit

April 10 (Reuters) – Oil prices settled up $1 on Wednesday after three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip, feeding worries that ceasefire talks might stall. […]

Shareholders
Finance

SilverBow Resources Announces Filing of Definitive Proxy Statement and Mails Letter to Shareholders

April 10, 2024 Mariel Alumit

Urges Shareholders to Vote “FOR” All of SilverBow’s Highly Qualified Directors on the WHITE Proxy Card HOUSTON, Apr. 09 /BusinessWire/ — SilverBow Resources, Inc. (NYSE:SBOW) (“SilverBow” or the “Company”) today announced that it has filed […]

Pantheon
Crude Oil News

Pantheon Upgrades Kodiak Estimates to 1.2 Billion Barrels

April 10, 2024 Mariel Alumit

Pantheon Resources plc has upgraded the estimate of recoverable marketable liquids at its Kodiak Field asset in Alaska’s North Slope by 25 percent. An updated report from Netherland, Sewell & Associates (NSAI) on the Lower […]

oil and gas
Crude Oil News

US unveils next steps in its 2024–2029 Gulf of Mexico oil & gas leasing program

April 10, 2024 Mariel Alumit

The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has revealed the notice of availability of the area identification (Area ID) for the three proposed Gulf of Mexico (GOM) oil and gas lease sales during […]

Australia
International News

Australia urged to ensure its gas strategy features LNG opportunities

April 10, 2024 Mariel Alumit

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has called for the inclusion of liquefied natural gas (LNG) in the government’s future gas strategy, enabling the country to take advantage of […]

Petrobras
Crude Oil News

Petrobras discovers oil in ultra-deep waters of Potiguar Basin

April 10, 2024 Mariel Alumit

This marks the second discovery in the Potiguar Basin in 2024, following the Pitu Oeste Well, which is 24km from Anhangá. Petrobras has announced the discovery of oil deposits in the ultra-deep waters of the […]

carbon capture
Big Oil Companies

Big oil and gas firms deepen investment in carbon capture

April 10, 2024 Mariel Alumit

  Carbon capture companies find themselves in an odd position. They exist because of the threat of climate change, a problem created largely by fossil fuels. At the same time, the firms that extract and […]

Gulf of Mexico
Crude Oil News

Oxy Says Production to Restart in Eastern Gulf of Mexico in Coming Days

April 10, 2024 Mariel Alumit

Occidental Petroleum said on Wednesday production is expected to commence in the coming days in the eastern Gulf of Mexico (GOM) after some operations were shut for about five months. In November, the company had […]

Crude Oil News

Deal Spotlight Episode #5: Chord + Enerplus and the Quest for 3-mile Lateral Locations

April 10, 2024 Michael Tanner

Bakken consolidation is here! Pumped to be back for this latest Deal Spotlight covering Chord + Enerplus.  This deal makes sense in lots of ways: acreage, development timelines etc… One of the things quoted many […]

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