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HomeExploration and Production

Exploration and Production

bp
Crude Oil News

bp considers forming shale joint ventures to join U.S. M&A wave

October 31, 2023 Mariel Alumit

(WO) – On Monday, Oct. 30, Reuters reported that London-based bp has “held talks in recent weeks” with multiple entities to form joint ventures in various U.S. shale patches. The joint ventures would include its […]

Crude Oil News

Daily Energy Standup Episode #240 – Offshore Wind Challenges, Geopolitical Conflicts, and Market Trends

October 30, 2023 Andy Del Prado

Daily Standup Top Stories GE Offshore Wind to Post $1 Billion Loss in 2023, Again in 2024 October 29, 2023 Allen Santos General Electric Co. expects its offshore-wind operations to post annual losses of about $1 billion […]

Crude Oil News

Hostile political attitude to North Sea oil and gas threatens energy security

October 28, 2023 Mariel Alumit

Despite the recent high-profile approval of the Rosebank oil field in the North Sea, the picture for domestic oil and gas production remains bleak. The Conservative Government has recently spied an opportunity for re-election by […]

Big Oil Companies

Daily Energy Standup Episode #239 – Weekly Recap: Climate Crisis in Africa, Hydrogen Challenges, and Chevron’s Strategic Move

October 28, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Why is the Climate Crisis racist where Africa is concerned? The West policies towards Africa are like environmental racism. – Alex Epstien October 21, 2023 Allen Santos Sometimes we must stand […]

ENB Rig Count
Crude Oil News

Five Years Later, Evidence of Fracking’s Safety Is Stronger than Ever

October 27, 2023 Mariel Alumit

Five years ago, The Heartland Institute set out to correct some misperceptions about the hydraulic fracturing process (commonly known as “fracking”) that had gained traction in the opinions of a not-insignificant number of people across […]

Occidental
Exploration and Production

Warren Buffett Snaps Up More Occidental Petroleum

October 27, 2023 Mariel Alumit

Berkshire Hathaway (BRKA: BRKB) has expanded its stake in Occidental Petroleum (OXY) with a purchase of another 3.9 million shares this week, according to a Securities and Exchange Commission regulatory filing. Warren Buffett’s holding company now […]

ConocoPhillips
Exploration and Production

Exclusive: ConocoPhillips weighs CrownRock bid to challenge rivals

October 26, 2023 Mariel Alumit

NEW YORK, Oct 26 (Reuters) – ConocoPhillips (COP.N) is considering an offer for CrownRock LP, an energy producer in the west Texas area of the Permian basin, people familiar with the matter said, as consolidation in the […]

Texas
Crude Oil News

Texas regulator assess over $2 million in penalties against oil, gas operators

October 26, 2023 Mariel Alumit

World Oil AUSTIN – The Railroad Commission of Texas assessed $2,425,495.50 in fines involving 597 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of […]

Crude Oil News

Chevron’s Hess acquisition delivers “richly-valued” oil independent

October 26, 2023 Mariel Alumit

World Oil (Bloomberg) – Chevron Corp.’s acquisition of Hess Corp. does more than give it a stake in the world’s fastest-growing oil field off the coast of Guyana and shale assets in the Bakken basin of […]

Big Oil Companies

Daily Energy Standup Episode #238 – California’s Self-Driving Car Safety Concerns, Clean Energy Stock Woes, and More

October 26, 2023 Andy Del Prado

Daily Standup Top Stories California hits pause on GM Cruise self-driving cars due to safety concerns October 24, 2023 Mariel Alumit News|Technology The United States state of California has suspended testing of Cruise self-driving cars developed […]

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