Monday, August 31, 2026
Arctic

Eni Receives Federal Permit to Drill Four Beaufort Sea Exploration Wells 

First new Alaska Arctic exploration wells in 2 years From the AP ANCHORAGE, Alaska (AP) — A subsidiary of an Italian energy company has received a federal permit to drill the first oil exploration wells in U.S. Arctic waters in two years. The federal Bureau of Safety and Environmental Enforcement announced Tuesday it has approved an application from Eni U.S.

Colorado Oil: Adams County Commissioners Vote to Put in a Temporary Moratorium on Oil & Gas Permit Applications- Oil & Gas 360

OPEC May Extend Output Cuts, but Shale Drillers Hold Key to Plan’s Success

Hard not to drill shale at $60: cash flow for the first time in many years From the Houston Chronicle OPEC and its partners are expected Thursday to extend a pact to keep crude off the market to support oil prices and further drain a worldwide glut that has weighed on Houston’s energy industry and economy for more than three

FEI scanning electron microscopes - Oil & Gas 360

Underground Data Reshaping How Companies Search for Oil

Dinosaurs will be left behind: Tertzakian From CBC News New data in the oil industry is shaping the way the companies work — so drastically that the data has become almost as important as the oil itself. New uses for data collected by drillers was one of the main topics at the Bennett Jones Lake Louise Business Forum, which started last

Oil & Gas 360

Million-Barrel Oil Hedging Surge Signals Shale Boom Here to Stay

From Bloomberg New contracts cover annualized 897,000 barrels a day of output Oil explorers took advantage of a market rally to lock in prices for almost 1 million barrels a day’s worth of future output, signaling the shale boom’s staying power as OPEC ponders the extension of its supply curbs. New hedging contracts in the third quarter covered 897,000 barrels a day of annualized