Elk Range Royalties has announced its acquisition of Newton Financial Corporation, LP, Concord Oil Company, LP, and Mission Oil Company, (Newton/Concord) in a strategic move to expand its footprint across premier oil and gas producing regions in Texas. SourceContinue Reading

Investor Who Fought Exxon Will Build Gas Plants for AI with Chevron | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jan 30, 2025, 5:00 PM CST Activist investor Engine No.1...Continue Reading

Green Hydrogen Hype Fizzles as Implementation Lags | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jan 30, 2025, 4:00 PM CST Despite ambitious targets, less than...Continue Reading

Ukrainian Drone Attacks Disrupt Key Russian Oil Export Route | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 30, 2025, 3:30 PM CST An overnight attack by Ukrainian drones on Russia’s Andreapol oil pumping station, part of the...Continue Reading

Shell paid out more than £18.7bn to shareholders in 2024 while cutting spending on renewable energy according to its full year results. The FTSE 100 giant reported a dip in earnings from £23bn in 2023 to £19.1bn in 2024 amid weaker oil prices and lower demand for fossil fuels. Despite the drop-off in earnings, Shell...Continue Reading

Halliburton has been awarded a contract with Petrobras for integrated drilling services across several offshore fields in Brazil. The contract scope includes drilling services for development and exploration wells over a three-year period. SourceContinue Reading

The Forum Energy Technology (FET) Subsea product line has secured a contract to provide a work class remotely operated vehicle (ROV) system and a Dynacon Launch and Recovery System (LARS) to ACSM, a global maritime survey and ROV services operator.  SourceContinue Reading

Uzbekistan is launching a green energy offensive in 2025 that aims to boost the share of renewable energy usage in the country from 16 percent at present to 26 percent by the end of the year. President Shavkat Mirziyoyev has declared 2025 “the Year of Environmental Protection and Green Economy,” according to a statement issued...Continue Reading

Aker BP has selected Aucotec to provide digital infrastructure for the Yggdrasil development in the Norwegian North Sea. Aucotec’s Engineering Base platform will implement Engineering Design Data Management for the Yggdrasil development. SourceContinue Reading

Brazil’s Lula Backs Government Non-Interference In Petrobras’ Pricing Strategy | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 30, 2025, 1:30 PM CST Brazilian President Luiz Inacio Lula da Silva has approved government non-interference in monetary policy and...Continue Reading