Thursday, June 4, 2026

OPEC+ Risks Oil Slump Below $50 Without Deeper Supply Curbs

Source: Bloomberg The downturn that may ensue if OPEC doesn’t redouble its efforts could be acutely painful for many of the cartel’s members.   With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices. But without intervention, some influential forecasters say a new supply glut could send the market crashing

SeaBird Exploration: The Chairman of the Board purchases shares in open market transactions and becomes Executive Chairman. - oil and gas 360

SeaBird Exploration: The Chairman of the Board purchases shares in open market transactions and becomes Executive Chairman. Option scheme to be adjusted.

Source: https://www.sbexp.com/press-releases SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and services to the oil and gas industry. SeaBird Exploration Plc announced today that the Chairman of the Board, Mr Ståle Rodahl, has through a holding company acquired 3,000,000 shares in the Company at an average price of NOK 0.576 per share.

Oxy looks to sell some assets in Wyoming, Colorado: Report - oil and gas 360

Oxy looks to sell some assets in Wyoming, Colorado: Report

Chron Houston-based Oxy looks to keep selling assets to lighten its massive debt load after paying $38 billion to acquire Anadarko Petroleum and also taking on its debt.   Oxy looks to sell some assets in Wyoming, Colorado: Report Occidental Petroleum is looking to sell about 200,000 acres of a select position in the DJ Basin that’s mostly in Wyoming, but

How To Reach U.S. Net Zero Emissions By 2050: Decarbonizing Electricity

Forbes By 2050, the net zero pathway abates more than 6 Gt of emissions a year and saves more than 120,000 American lives per year due to reduced particulate pollution.   Presidential candidates, state governments, and utilities are promoting “net zero” emissions targets to rapidly reduce greenhouse gas (GHG) emissions and preserve a safe climate future by helping to limit global warming to well