Monday, December 22, 2025

Rosneft Clinches Gas Pipeline Deal with Iraq’s Kurdistan

From Reuters LONDON, Sept 18 (Reuters) – Russian oil major Rosneft will invest in gas pipelines in Iraq’s Kurdistan, expanding its commitment to the region ahead of its independence vote to help it become a major exporter of gas to Turkey and Europe. Kurdistan has been exporting oil independently from the central government in Baghdad since 2014 and Kremlin-controlled Rosneft

USGS’s Bakken Downgrade to 7.4 Billion Barrels v. Wolfcamp’s 20 Billion Barrels Spurs N.D. Request

Hoeven, Industry want new study of North Dakota oil potential From the Associated Press/NewsOK BISMARCK, N.D. (AP) — North Dakota oil drillers and U.S. Sen. John Hoeven want federal geologists to reevaluate the amount of recoverable crude oil in the state, saying a new assessment likely would show stronger production potential and attract investment. The U.S. Geological Survey once said two massive shale formations

U.S. Oilpatch Productivity Multiple Climbs Above 3.0 - Oil & Gas 360

Effective Rig Count Ticks Down, First Decrease since Bottom of Downturn in 2016

EERC drops by 13 EnerCom released its monthly EnerCom Effective Rig Count today, for August, reporting an equivalent 2,353 rigs active in the U.S., down from 2,366 last month. The Effective Rig Count adjusts reported rig counts for increasing efficiency in drilling and completions. Stubborn sub-$50 oil prices have caused drilling activity to decline slightly, meaning the effective rig count

Oil Cargoes Shift Away from Venezuela as Hurricanes Extend Disruptions

From Reuters Shippers are sending oil cargoes originally bound for Venezuela to other spots in Latin America and the Caribbean, in advance of coming hurricanes that threaten to further disrupt oil flows in the region, according to traders and Reuters data. After Hurricanes Harvey and Irma caused massive flooding and damage in Texas and Florida, fuel tankers floating off Venezuela’s

India’s GAIL Hires French Ship to Ferry US LNG to India for 3 Years Starting in 2018

India’s biggest natural gas marketing company had through the Shipping Corporation of India (SCI) invited bids for hiring four LNG carrying tankers. From Economic Times New Delhi: State-run gas utility GAIL India Ltd has chartered an LNG tanker from French major Total SA for three years to haul gas from the US beginning early 2018. “We are hiring the ship for three years with an

With 39 Million Californians on the Grid and NatGas Out, State Seeks Options

From Utility Dive With up to 6 GW of gas plants at risk of closure, California energy planners are scrambling for new compensation techniques and zero-carbon alternatives Accelerating clean energy and climate goals in California have policymakers thinking in unprecedented ways about how to manage the state’s power system. California’s utilities already face a 50% renewable energy mandate to hit

Nuns, Activists Aim to Block Williams’ Transco Gas Pipeline

From NBC News STRASBURG, Pa. – A convent of elderly nuns supported by a group of local activists are all that stand in the way of a billion-dollar pipeline company drilling through almost 200 miles of Pennsylvania countryside. The Adorers of the Blood of Christ own a plot of land in Lancaster County, Pennsylvania, that includes a nursing home, their convent and