By: Tim McDonnell – QUARTZ – Orphaned wells are poised to overwhelm the US. Millions of oil and gas wells have been abandoned...
By: Nicholas Groom – Reuters – A U.S House of Representatives Democrat introduced a bill on Thursday authorizing $8 billion to plug...
By: Kevin Crowley – Bloomberg – President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies...
By: Bloomberg – The U.S. government program for selling drilling rights on federal land is so “fundamentally broken” that changes could be...
The US tight oil industry was hit particularly hard in 2020, a year that was one of the most disruptive for global...
By: CNBC – The oil and gas industry’s largest trade group Thursday endorsed a price on planet-warming carbon emissions, marking a major...
By: Greg Roumeliotis – Reuters – Pioneer Natural Resources Co is nearing a deal to acquire oil producer DoublePoint Energy for more...
By: S&P Global Platts – President Joe Biden’s $2 trillion infrastructure and energy plan would dramatically reshape the nation’s energy landscape by...
By: Scott Carpenter – Forbes – Gone are the days when shale oil and gas companies could persuade investors to write checks...
By: Scott Carpenter – Forbes – In March 2016 Vicki Hollub, who had just become the CEO of major oil firm Occidental...
Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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