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HomeExploration and Production

Exploration and Production

Venezuela
Crude Oil News

Venezuela adds disputed oil-rich region to its map

December 6, 2023 Stu Turley

Energy companies should start exploration in “our Guyana Esequiba,” President Nicolas Maduro has said Venezuelan President Nicolas Maduro has displayed an updated map showing a resource-rich territory disputed with neighboring Guyana as a part of […]

Energy Regulations

Biden administration’s new methane rule to hamper U.S. oil, gas production, trade associations warn

December 5, 2023 Stu Turley

World Oil (WO) – On Saturday, Dec. 2, the Biden administration unveiled a new methane emissions rule at COP28 aimed at “sharply reducing methane and other pollutants from the oil and natural gas industry” by […]

Chevron
Big Oil Companies

Chevron, Exxon opt out of funding COP28 methane-reduction fund

December 4, 2023 Mariel Alumit

(Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil […]

Oil and Natural Gas Operations
Climate Crisis

EPA’s Final Rule for Oil and Natural Gas Operations Will Sharply Reduce Methane and Other Harmful Pollution.

December 2, 2023 Stu Turley

ENB Pub Note: We will review these regulations and report on the first-, second-, and third-order magnitude impacts.  EPA has issued a final rule that will sharply reduce emissions of methane and other harmful air […]

Resources
Exploration and Production

SilverBow Resources announces closing of Chesapeake acquisition and provides updated 2023 guidance & preliminary 2024 outlook

December 2, 2023 Stu Turley

Oil and Gas 360 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 cash flow […]

CrownRock
Exploration and Production

Shale driller CrownRock CEO has potential to reshape Texas politics with potential $10 billion Oxy sale

December 2, 2023 Stu Turley

World Oil (Bloomberg) – Oil tycoon Tim Dunn has spent millions to try to influence Texas to lean toward his conservative politics. Now, as he considers bids for his drilling company that’s said to be valued […]

Ohio
EnergyNews

Opponents appeal decision to allow drilling under Ohio state parks and wildlife areas

December 1, 2023 Stu Turley

​ Environmental groups filed an appeal Thursday, challenging recent decisions by an Ohio regulatory commission to allow drilling under a state park and two state wildlife areas. Those decisions currently call for sections of Salt […]

BP’s search for new CEO
Exploration and Production

BP’s search for new CEO to extend into next year as Looney probe drags on

December 1, 2023 Stu Turley

Nasdaq LONDON – BP’s search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board’s probe into whether previous CEO Bernard Looney breached […]

Big Oil Companies

Occidental Petroleum in talks to buy shale driller CrownRock for over $10 billion

November 30, 2023 Stu Turley

(Bloomberg) – Occidental Petroleum Corp. is in talks to buy shale driller CrownRock LP, according to the Wall Street Journal, as the consolidation wave in North America’s most prolific oil field gathers momentum. A deal […]

Climate Crisis

Daily Energy Standup Episode #258 – Carbon Emissions, Oil Mergers, and Finance Insights

November 28, 2023 Andy Del Prado

Daily Standup Top Stories Richest 1% emit more carbon than poorest two-thirds, says Oxfam November 27, 2023 Mariel Alumit The world’s richest 1 per cent generated as much carbon emissions as the poorest two-thirds in 2019, […]

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