July 30, 2025

Trump, Zeldin reversal of greenhouse gas ruling applauded by Texas regulatory agency

July 30, 2025

(World Oil)– The Trump administration and Environmental Protection Agency (EPA) Administrator Lee Zeldin have announced the agency will reverse the 2009 ‘endangerment finding’, which made greenhouse gases, including carbon dioxide (CO₂), pollutants subject to agency regulation. This finding provided the legal framework to regulate CO₂ and enabled the Net Zero movement to gain traction both in the U.S. and worldwide.

Chevron appoints John B. Hess to Board of Directors

July 30, 2025

(World Oil)– Chevron has appointed John B. Hess to its Board of Directors, the company announced on Tuesday. Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013. He led the company through its strategic transformation from an integrated oil company into a focused global independent exploration and production company. “We

The coal conundrum: balancing growth and climate goals

July 30, 2025

(Oil Price)– Despite years of climate summits and net-zero targets, global coal consumption and production both hit record highs in 2024. According to the newly released 2025 Statistical Review of World Energy, global coal demand reached an all-time high of 165.1 exajoules (EJ), a powerful reminder of how deeply the world still relies on this carbon-intensive fuel. The Asia-Pacific Powerhouse

Halliburton launches LOGIX™ automated geosteering service

July 30, 2025

(World Oil)– Halliburton has launched LOGIX™ automated geosteering, a part of the LOGIX™ automation and remote operations family of solutions, that optimizes geological interpretation and well placement. The service combines automation, machine learning, and advanced geological insights to position the wellbore and maximize reservoir contact. “LOGIX™ automated geosteering creates value for our customers with services that provide subsurface and

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories increase by 7.7 million barrels

July 30, 2025

Weekly Crude Oil Storage as of July 25, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.7 million barrels from the previous week. At 426.7 million barrels, U.S. crude oil inventories are 6% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,

Trump, Zeldin reversal of greenhouse gas ruling applauded by Texas regulatory agency

Chevron appoints John B. Hess to Board of Directors

The coal conundrum: balancing growth and climate goals

Halliburton launches LOGIX™ automated geosteering service

U.S. crude oil inventories increase by 7.7 million barrels

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