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HomeExploration and Production

Exploration and Production

natural gas
Exploration and Production

Chevron to boost natural gas production from massive Leviathan field offshore Israel following export expansion

June 27, 2024 Mariel Alumit

(WO) – The Leviathan gas field offshore Israel – touted as the largest gas field in the Mediterranean- is set for an expansion in natural gas export capacity, following preliminary approval from Israel’s Energy Ministry. […]

Oil and Natural Gas Industry
Crude Oil News

Oil and Natural Gas Industry Contributes $2.42 Billion in Taxes in 2023

June 27, 2024 Mariel Alumit

Casper, Wyo. – The Petroleum Association of Wyoming (PAW) proudly announces that the oil and natural gas industry has made a monumental contribution of $2.42 billion in taxes to the state of Wyoming in 2023. […]

Equinor
Crude Oil News

Equinor enlists Ocean Installer for SURF EPCI work on $1.1 billion Troll project offshore Norway

June 26, 2024 Mariel Alumit

(WO) – Ocean Installer has been chosen by Equinor and its partners in the Troll A license as the SURF contractor for their new 12 billion NOK ($1.13 billion) investment in the Troll Phase 3 […]

Crude Oil News

Canada’s Oil Sands Time To Shine!!

June 26, 2024 Andy Del Prado

Daily Standup Top Stories EU Sanctions 17 Ships that Carried Oil for Russia June 25, 2024 Mariel Alumit The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow. […]

Oil
Crude Oil News

New Report Ranks Top 100 Private Oil Drillers

June 25, 2024 Mariel Alumit

After the merger and acquisition frenzy that has characterized the US upstream oil and gas business since 2020, many are left wondering who the most attractive remaining takeover targets might be. Because this spate of […]

UK Banks
Crude Oil News

UK Banks No Longer Finance Nation’s Small Oil and Gas Producers

June 25, 2024 Mariel Alumit

There is no longer a single British bank financing the smaller independent oil and gas producers that account for the bulk of output and investment in the North Sea, according to Neptune Energy. “The future […]

Crude Oil News

Forget Shale: Canada’s Oil Sands Are Having Their Moment

June 25, 2024 Mariel Alumit

Canada’s oil sands were once the high-cost, dirty and unloved sibling to America’s fast-growing shale. Not any more. Oil-sands producers have been among the top-performing companies in the energy sector over the past year. Shares […]

California
Crude Oil News

A massive oil merger is about to happen in California—and taxpayers could be on the hook for billions

June 24, 2024 Mariel Alumit

In recent years, California has passed new laws to tackle the enormously expensive remediation of old oil wells, which pose hazards for human health and the climate. But as two of the state’s largest oil well […]

Climate Crisis

Week Recap: Energy Shifts: EVs, Oil, Geopolitics

June 22, 2024 Andy Del Prado

Weekly Daily Standup Top Stories EV Slowdown Steers the World Further Off Course From Net Zero June 16, 2024 Stu Turley Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for […]

ExxonMobil
Big Oil Companies

Federal judge tosses ExxonMobil lawsuit against activist investor Arjuna Capital

June 19, 2024 Mariel Alumit

(Bloomberg) – A federal judge dismissed a lawsuit by ExxonMobil against Arjuna Capital after a lawyer for the activist investor group vowed not to try to resurrect a shareholder policy opposed by the company. The […]

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