(Investing) – ATHENS -Global investments in renewable energy aren’t bearing fruit and the world should focus on securing reliable supplies of fossil fuels, U.S. energy and interior secretaries said this week as they worked on convincing Europe to buy more U.S. oil and gas. The U.S. has become Europe’s top oil and gas supplier on the back of the U.S. shale
(Oil Price) – The new government’s Climate Competitiveness Strategy, outlined in Budget 2025, will prioritize effective carbon markets, enhanced methane regulations, and technologies such as carbon capture and storage as the primary means to reduce oil and gas emissions. Canada’s federal government is signaling it plans to scrap the previous cabinet’s controversial emissions cap plan, which had put former PM Justin
(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. Here’s a quick walkthrough of how to make the most of your Premium access: 1.
(Oil & Gas 360)– Growing demands for sustainability have long underscored the need for the oil and gas sector to reduce its environmental impact. Now, with the emergence of innovative solutions, the industry is entering a transformative phase — reimagining the future of energy. In this time of change, DECARBON 2026 convenes market leaders from across the oil and gas
(Investing) – HOUSTON-Persistently weak crude prices pressured merger and acquisition activity in the U.S. upstream oil and gas sector in the third quarter, analytics firm Enverus said on Wednesday. Dealmaking fell for the third straight quarter as U.S. crude futures averaged around $65 a barrel during the July through September period, around the level producers say they need to profitably drill.
(World Oil) – The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels of oil equivalent (Bboe) at the end of 2024, according to the latest Reserves and Resources Report published by the North Sea Transition Authority (NSTA). While total reserves declined slightly year-on-year, the report highlights a significant 31% increase in prospective resources, now estimated
(Oil Price) – The world needs more investment in oil and gas as they will continue to account for a large part of the global energy mix in 2050, OPEC Secretary General Haitham Al Ghais said on Wednesday, reiterating the cartel’s view that investment in new supply will be needed in the foreseeable future. Primary energy demand will jump by 23%
(BOE Report) – Kremlin spokesman Dmitry Peskov, asked about the possible return of Exxon Mobil to Russia, said on Wednesday that the U.S. energy major was not the only company keen to return to the country. “Believe me, there is more than one corporation that is interested in reincarnating its presence on the Russian market,” Peskov told RBC radio. Many Western companies,
(Oil Price) – The Trump Administration is pushing the World Bank to boost funding for oil and gas in what would be a U-turn in the lender’s policy not to finance new fossil fuel projects. Back in 2017, the World Bank Group said it would no longer finance upstream oil and gas after 2019. But the group noted that “In exceptional circumstances, consideration
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. GreenFlare Technology harnesses stranded natural gas to power modular, off-grid data centers that enable high-performance computing in remote oil and gas basins. By converting flared or stranded gas into productive energy,
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Vero3 meets this energy transition challenge by uniquely bringing together large-scale carbon storage with the production of clean water and battery-grade lithium. vero3.com About EnerCom, Inc. Founded in 1994, EnerCom,
(BOE Report) – Plains All American’s crude oil pipelines linking the Permian shale basin to the Corpus Christi export hub in Texas are facing quality issues related to high mercaptans, or naturally-occurring sulfur compounds, according to sources familiar with the matter and a notice seen by Reuters. Starting October 1, Plains will charge a half-dollar fee on every barrel that
