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By: Paul Takahashi – Houston Chronicle – Plugging and cleaning up the abandoned oil and gas wells in Texas could cost companies...
By: S&P Global Platts – ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly...
By: S&P Global Platts – ConocoPhillips sees the US’ Eagle Ford Shale as its current main domestic activity focus, at a time...
By: Nermina Kulovic – Offshore Energy – This downturn’s impact on trunkline demand is, however, lighter than that of 2016, and recovery...
DEVON & WPX MERGER KEY HIGHLIGHTS Merger of equals creates a leading unconventional oil producer in the U.S. Builds a dominant Delaware...
By: Paul Takahashi – Houston Chronicle – Since the first oil rig in the Gulf of Mexico was built in 14 feet...
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By: Rebecca Ponton – Oilman Magazine – One hundred years is a major milestone and the observance of a centennial usually calls...
The energy sector is off to a Holiday shortened week lower, pressured by weakness in the underlying commodities and the major market futures. Concerns of an economic recession as central banks across the world take aggressive actions to tame inflation has sent Wall St. lower in early trading.
WTI and Brent crude oil are down in early trading, as investors continue to remain concerned about the possibility of a recession, despite supply constraints heightened by an expected production cut in Norway due to a possible escalation of an ongoing strike. Oil and gas from Norway, Europe’s second-largest energy supplier after Russia, is in high demand as the country is traditionally a reliable and predictable supplier. The leader of the Lederne trade union said in an interview, that the union would escalate the strike to pressure employers to address demands for wage increases to compensate for rising inflation. The planned escalation could cut 56% of the Nordic country’s gas exports from Saturday, increasing the concern of tight supply.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
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The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
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