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HomeExploration and Production

Exploration and Production

Natural Gas
Commodities

Has The Extreme Bear Market in Natural Gas Come to an End?

July 7, 2024 Stu Turley

In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some […]

Oil Prices
Crude Oil News

Oil Prices Rise As EIA Confirms Huge Crude Draw

July 3, 2024 Mariel Alumit

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 12.2 million barrels for the week to June 28. The inventory change compared with an inventory build of 3.6 million barrels estimated […]

Climate Crisis

Court blocks Biden’s LNG Ban

July 3, 2024 Andy Del Prado

Daily Standup Top Stories Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision? July 1, 2024 Stu Turley A federal judge issued a ruling Monday […]

Biden Admin
Climate Crisis

Native American Group Sues Biden Admin For Restricting Alaskan Oil And Gas Production

July 2, 2024 Mariel Alumit

A coalition of 23 Native American orgs is suing the Biden admin for restricting oil and gas development in Alaska’s National Petroleum Reserve. A Native American group is suing the Biden administration over one of […]

U.S. Energy Development Corporation
Crude Oil News

U.S. Energy Development Corporation to invest $750 million on Permian projects

July 1, 2024 Mariel Alumit

(WO) – U.S. Energy Development Corporation (U.S. Energy) is expanding its operations in the prolific Permian basin. U.S. Energy is poised for significant growth and development in one of the most productive oil and gas […]

China
Exploration and Production

China unites oil giants to boost domestic production under Xi’s directive

July 1, 2024 Mariel Alumit

Giants CNPC, Sinopec, and seven other state-owned Chinese oil companies are set to collaborate under a new state body tasked with increasing oil and gas production in China. This move follows a directive from the […]

Oceaneering
Exploration and Production

Oceaneering wins multiple vessel contracts in Gulf of Mexico

June 28, 2024 Mariel Alumit

Oceaneering has won multiple contracts for vessel services in the Gulf of Mexico. The first deal covers a mix of basic and heavy inspection, maintenance, and repair (IMR) services, including vessel-based inspections, maintenance of smaller […]

Biden administration
Energy Policy

Texas regulator calls on Biden administration to restart LNG exports to support Ukraine

June 27, 2024 Mariel Alumit

(WO) – Following recent reports that the Biden Administration’s federal moratorium on new liquified natural gas (LNG) export plants is prohibiting Ukraine from purchasing American LNG, Railroad Commissioner Wayne Christian slammed the administration’s policy and […]

Shale
Crude Oil News

Shale Executives See Mergers Squeezing US Oil Production

June 27, 2024 Mariel Alumit

US oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More than 50 percent of oil executives told the Dallas Fed they foresee […]

Oil and gas
Crude Oil News

Oil and gas leaders optimistic amid energy transition challenges

June 27, 2024 Stu Turley

Despite significant energy challenges, a recent survey by DNV shows that 68% of leaders in the oil and gas industry are optimistic about growth in the coming year. The survey, titled “The Paradox of Petroleum,” […]

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