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HomeExploration and Production

Exploration and Production

Downstream

ENB #104 John Gutentag, Enverus, – We have a indepth conversation of new EPA regulations and it’s impact on oil and gas. “Legislation Through Regulations and Taxation Through Regulations.”

February 17, 2023 Mariel Alumit

John and I have a great talk about the new reports from Enverus on the “Upstream Emissions Starting the Decent to Net Zero” and “Say Goodbye to Flaring Uncertainty.” With both of these extensive reports, […]

Aker
Exploration and Production

Aker BP getting ready to spud North Sea prospect with Saipem rig

February 16, 2023 Mariel Alumit

Home Fossil Energy Aker BP getting ready to spud North Sea prospect with Saipem rig Norwegian oil and gas player Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North […]

Crude
Exploration and Production

Russia Production Shock Is Fading For Crude Oil Bulls

February 15, 2023 Mariel Alumit

By Grant Smith, Bloomberg Markets Live reporter and analyst President Vladimir Putin captured the oil world’s attention with last week’s announcement of production cuts, but for crude bulls the impact of a Russian disruption is […]

EnergyNews

Vital Energy Announces Midland Basin Acquisition

February 15, 2023 Mariel Alumit

TULSA, OK, Feb. 14, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital” or the “Company”) today announced the signing of a definitive purchase and sale agreement to acquire the assets of Driftwood Energy […]

Earnings

COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2022 FINANCIAL AND OPERATING RESULTS

February 15, 2023 Mariel Alumit

FRISCO, TX, Feb. 14, 2023 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2022. Highlights Generated free […]

Exxon
CCUS

Exxon to use Honeywell carbon capture tech at hydrogen facility

February 15, 2023 Mariel Alumit

NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology would enable […]

Biden
Electrical Generation / Utilities

Biden Administration Bets $74 Million on ‘Enhanced’ Geothermal Power

February 15, 2023 Mariel Alumit

The funding, announced last week, will go to up to seven pilot projects. Funding recipients will test whether a new kind of geothermal technology called EGS—enhanced geothermal systems—could be an economic way to transform heat […]

Saudi
Crude Oil News

OPEC Output Drops As Saudi Production Falls By 156,000 Bpd

February 15, 2023 Mariel Alumit

By Josh Owens of Oilprice.com Crude oil production from all 13 OPEC members slid by 49,000 barrels per day (bpd) in January from December as top producer Saudi Arabia slashed output by 156,000 bpd, OPEC’s […]

Debt crisis, energy security, and Nigeria's slippery road to net-zero ...
Big Oil Companies

Debt crisis, energy security, and Nigeria’s slippery road to net-zero …

February 12, 2023 Mariel Alumit

Nigeria, like many African countries, is at a crossroads. Although endowed with immense natural resources, energy access, and security remain primary concerns even as the debate for energy transition creates more worries. With a debt […]

Crude Oil News

Oil Rebound More Likely This Year, $100 a Barrel Possible, OPEC Sources Say

February 12, 2023 Mariel Alumit

​Summary Oil rally to $100 not ruled out by OPEC sources So far in 2023 Brent is up slightly at just over $86 China demand rebound, lack of sizeable supply growth key drivers Some OPEC […]

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