The coronavirus relief bill passed by Congress toughens rules around use of a common heat-trapping chemical and funnels billions of dollars into renewable energy.
The measures, attached to a year-end government funding bill, were hailed by some lawmakers as …
HOUSTON – A Texas Republican businessman swept to victory in the Texas Railroad Commission over a Democratic energy lawyer who had sought to put climate change on the state energy regulator’s agenda.
Jim Wright’s win keeps the Republican Party’s …
Should Joe Biden win November’s U.S. presidential election, there could be a number of changes in energy policy.
Here are the issues at stake:
President Donald Trump’s unilateral sanctions on OPEC members Iran and Venezuela have …
LONDON – Hedge funds are reducing their risk exposure to crude oil and refined products against a backdrop of increasing uncertainty over a resurgence in the coronavirus and potential double-dip recession.
However, fears over the impact on oil …
Quantitative easing (QE) was a response to the financial crisis. Under this policy the central bank buys government assets, and increasingly any assets, to support the economy. Previously in order to source funding, a government could sell bonds to …
Google has pledged to stop building customized artificial intelligence (AI) tools that help oil and gas firms to extract fossil fuels worldwide.
The pledge came after a Greenpeace report on Tuesday highlighted how Google, Microsoft, and Amazon use …
Oil & Gas Publishers Note: While this is happening in Australia, it may be a new trend in the United States. Will be interesting to follow.
Five executives who were in charge of Linc Energy’s experimental coal gasification …
Oil & Gas 360 Publishers Note: Outstanding research by Keith Phillips and Christopher Slijk from the Dallas Fed. One of the key talking points is the volatility of the oil and gas industry on the Texas economy, and …
The EnerCom Dallas Energy Conference featured an outstanding panel on ESG (Environmental, Social and Governance) featuring Matthew Todd, Director of The Environmental Partnership; Chris Hughen, Associate Professor of Finance at the University of Denver; and Ken …
Source: Houston Chronicle
EOG Resources reported $615 million in quarterly profits on Wednesday that fell by nearly 50 percent from $1.2 billion a year ago in large part from lower oil and gas prices.
EOG’s revenues dipped by 10 percent …
Source: Houston Chronicle
Oil and gas discoveries offshore of Russia, Guyana and Cyprus have led the top new finds this year, keeping 2019 on track to match last year’s global discoveries.
However, much more oil and gas volumes are still …
Source: Houston Chronicle
Elliott Management Corp. renewed its push for Marathon Petroleum Corp. to split into three separate businesses, a move the hedge fund said would unlock more than $22 billion in value.
Marathon should divide into separate retail, midstream …
After a recovery from the last oil bust, energy bankruptcies are back on the rise in 2019.
The number of oil and gas bankruptcy filings through mid-August has nearly equaled the total tally from 2018, and …
With Occidental Petroleum finalizing its $38 billion acquisition of Anadarko Petroleum last week, Oxy is now lowering its oil and gas production guidance for the legacy Anadarko assets.
For the rest of this year, Oxy said …
Special Report From the Carlsbad Current-Argus
In New Mexico, hydraulic fracturing taxes a resource perpetually scarce in the desert region: water.
Hydraulic fracturing, or fracking as it is commonly called, blasts vast amounts of water, sand and chemicals through underground …
Data Gumbo Secures $6M in Series A Funding from Venture Arms of Leading International Oil & Gas Companies
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From Irish Times
Iranian president Hassan Rouhani will conclude his first official visit to Iraq on Wednesday after signing agreements on energy, trade and the construction of a railway …
From Argus Media
President Donald Trump’s proposed budget would cut billions of dollars from the energy sector’s top regulators but spare federal programs that are important to oil and gas companies.
The fiscal 2020 budget, released today, would make deep …
From Bloomberg
Venezuela’s opposition leader is rolling out the welcome mat to foreign investors who want a piece of the world’s largest oil reserves.
In …
Caterpillar Announces Officer Changes
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International petroleum consultancy Netherland, Sewell & Associates, Inc. (NSAI) will present its Oil and Gas Property Evaluation Seminar in 2019 in Dallas, London, Mexico City, and Singapore.
The popular two-day seminar will …
