Tuesday, May 13, 2025
Open Letter from Tom Claugus, President of GMT Capital Corp., for why he Opposes Proposed Acquisition of Pipestone Energy Corp. (TSX: PIPE) by Strathcona Resources Ltd.- oil and gas 360

Open Letter from Tom Claugus, President of GMT Capital Corp., for why he Opposes Proposed Acquisition of Pipestone Energy Corp. (TSX: PIPE) by Strathcona Resources Ltd.

Oil and Gas 360 GMT Capital Corp. ATLANTA, Sept. 21, 2023 (GLOBE NEWSWIRE) — After discussions with shareholders and potential suitors for Pipestone I am providing you with my final update before the shareholder vote on the Strathcona Pipestone merger. We remind you that although the shareholder meeting is on Wednesday, September 27th, 2023 the cut-off for providing your proxies to the

PREVIEW-TotalEnergies to talk about Namibia oil exploration, share buybacks-oil and gas 360

PREVIEW-TotalEnergies to talk about Namibia oil exploration, share buybacks

Nasdaq PARIS, Sept 22 (Reuters) – TotalEnergies TTEF.PA is expected to lay out the potential for its oil discoveries in Namibia at an investor day next week as the French energy firm continues to bet on oil and gas to boost profits while also growing its low-carbon business. The group said this month it is considering a $9 billion oil and gas project in Suriname. Analysts

Federal judge orders Biden administration to expand Gulf of Mexico oil auction- oil and gas 360

Federal judge orders Biden administration to expand Gulf of Mexico oil auction

World Oil (Bloomberg) – The Biden administration has been ordered by a federal judge to expand its sale of Gulf of Mexico oil leases later this month. The Louisiana-based judge concluded that the Interior Department probably moved wrongly at “the eleventh hour” to yank roughly 6 million acres off the auction block. At issue is the department’s decision last month to

LSU research team pursues orphaned wells to reduce methane leaks in Louisiana- oil and gas 360

LSU research team pursues orphaned wells to reduce methane leaks in Louisiana

World Oil (WO) – There are currently more than 4,500 orphan oil wells in Louisiana. Nearly 450 of these wells were tagged “orphan” in 1994, which means they have been dormant, and have possibly been leaking methane gas for nearly 30 years.   Thanks to a $3 million grant from the Louisiana Department of Natural Resources, LSU Craft & Hawkins

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had a decrease of 11 this week, at 630

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 11 over last week, resulting in a total count of 630 rigs. Canada had no change over last week, resulting in a total Canadian count of 190 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford and the