Shale Consolidation Could Reverse Output Growth Trend | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jun 30, 2024, 4:00 PM CDT Industry executives predict that consolidation in the U.S. shale oil and...Continue Reading

The 6-3 decision, which came in a fight over a fishing-industry regulation, is a long-sought triumph for opponents of big government. The court overturned Chevron v. Natural Resources Defense Council, a 1984 ruling that Democratic administrations had used as a legal building block for new regulations. SourceContinue Reading

This is the second well to be drilled in production license 1170, which was awarded in APA 2021. Gas was also recently proven in the first well in the production license. Preliminary estimates indicate the size of the natural gas discovery at between 3.23 – 4.42 MMboe. SourceContinue Reading

Under the multi-year services frame agreement, Baker Hughes will provide spare parts and field service resources for onsite turbomachinery equipment maintenance and upgrades, equipment refurbishment and advanced digital asset performance services. SourceContinue Reading

U.S. Energy Development Corporation (U.S. Energy) is expanding its operations in the prolific Permian basin. U.S. Energy is poised for significant growth and development in one of the most productive oil and gas regions in the United States. SourceContinue Reading

The offshore project in eastern South China Sea, with an average water depth of approximately 89 m, will be developed by leveraging the existing production facilities. The project is expected to achieve a peak production of approximately 5,300 boed in 2025. SourceContinue Reading

The American Petroleum Institute (API) released a statement from API Senior Vice President and General Counsel Ryan Meyers on the Supreme Court’s decision to overturn the 1984 Chevron precedent. SourceContinue Reading

Record-High Expenses Challenge Trucking Profitability i | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 30, 2024, 12:00 PM CDT Operating costs for trucking companies reached a record high of $2.270 per mile in 2023, driven by increases in wages, equipment, and...Continue Reading

The contracts relate to phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System, new gas rigs and ongoing capacity maintenance. SourceContinue Reading

Kazakhstan Struggles To Balance Oil Production With Environmental Goals | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jun 30, 2024, 10:00 AM CDT Kazakhstan will unveil its program...Continue Reading