By: EPA.gov – January Environmental Services, Inc., January Transport, Inc., and company-owner Cris January will pay civil penalties of $1.9 million and...
The Apache Corp. says the Permian Basin was a key player in its successful third quarter with newly acquired properties in the...
Oil prices erased earlier losses and moved higher on Thursday just after the U.S. Bureau of Labor Statistics released data for October...
By: Texas Tribune – Republican state Sen. Dawn Buckingham, R-Lakeway, won the race for Texas land commissioner Tuesday, putting her in charge...
By: Reuters – The United States and European Union plan to unveil a joint agreement this week to step up efforts to...
By: Reuters – Spain’s Iberdrola (IBE.MC) will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production, and customer businesses...
Refracs? From OilPrice.com. A global oil shortage and high fuel prices have triggered calls from President Joe Biden’s administration for U.S. shale...
I have argued in a succession of OilPrice articles, here, here, and here, that the era of rapid growth in shale production output was coming...
By: Reuters – British Prime Minister Rishi Sunak is poised to announce a major natural gas deal with the United States after...
By: Reuters – The global liquefied natural gas (LNG) market is undergoing a triple flattening, with prices, volumes, and seasonality leveling off...
The Cedar LNG project, a landmark development in the LNG industry, has recently appointed Samsung Heavy Industries and Black & Veatch for the engineering, procurement, and construction of its floating LNG production unit in Kitimat, Canada. This project is significant as it's the world's first Indigenous majority-owned LNG project, a collaboration between the Haisla Nation and Pembina Pipeline Corporation. It aims to export three million tonnes of LNG annually, utilizing Canada’s sustainable natural gas supply from the Coastal GasLink pipeline.
Cedar LNG is designed to be one of the lowest-emitting LNG facilities globally, with a focus on minimizing environmental impact. The facility will be powered by renewable electricity from BCHydro, aligning with the project's commitment to sustainable and low-carbon LNG production. With major regulatory approvals and memorandums of understanding in place for its total liquefaction capacity, Cedar LNG is progressing toward a final investment decision expected by the end of the first quarter of 2024
Saturn Oil & Gas Inc.'s first Open Hole Multi-Lateral (OHML) Bakken well in Southeast Saskatchewan showcased impressive results, with initial production significantly exceeding expectations. The well, drilled with eight open hole, and unstimulated lateral legs, achieved an initial 30-day average production of approximately 233 barrels per day of light oil.
This performance, 49% above the company's expected production curves, demonstrates the effectiveness of OHML drilling. These wells have smaller surface footprints and require less water compared to conventional techniques, enhancing their economic viability. Following this success, Saturn has identified up to 100 OHML drilling locations in the area, suggesting a potential for significant expansion and development in this region
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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