Sunday, June 14, 2026
Syria hands oil exploration contracts to two Russian firms- oil and gas 360

Syria hands oil exploration contracts to two Russian firms

Reuters BEIRUT – Syria’s parliament has approved contracts for oil exploration with two Russian companies in an effort to boost production hit by more than eight years of war and Western sanctions. State news agency SANA said the deals cover exploration and production in three blocs, including an oilfield in northeast Syria and a gas field north of the capital

Increase returns by $24 billion through well optimization- oil and gas 360

Increase returns by $24 billion through well optimization

Oil and Gas 360 According to a recent study of data from oil and gas wells in Texas, accounting heavy-weight Deloitte suggests that Eagle Ford and Permian Basin shale operators could generate capital efficiency gains of 19% and 23%, respectively, if they were to fully optimize their well designs. Source: Reuters The Deloitte study, entitled “Deciphering the performance puzzle in

Biodiesel and wind tax credits extended, as Congress prepares to vote- oil and gas 360

Biodiesel and wind tax credits extended, as Congress prepares to vote

Houston Chronicle UPDATE: Tax credits for biodiesel and wind energy were extended under a deal struck by Republicans and Democrats late Monday night, according to sources close to the discussions. With the House expected to vote on the spending plan late Tuesday, time for additional measures was running out. According to draft legislation circulating Tuesday morning, the tax credit for biodiesel,