The Railroad Commission of Texas continues to make great strides in digitizing oil and gas records, with more than 89.4 million records now digitized. The RRC is aiming to have 100 million records uploaded to its online digital archives by the end of this fiscal year. SourceContinue Reading
bp Plc’s outgoing Chairman Helge Lund was re-elected to the company’s board amid a sizable protest vote. The protest was largely symbolic, as Lund, a key backer of bp’s previous unsuccessful strategy, already announced his intention to step down as chairman. SourceContinue Reading
U.S. crude oil production grew by 270,000 barrels per day (bpd) in 2024 to average 13.2 million bpd, according to a new report from the U.S. Energy Information Administration (EIA). Almost all the production growth came from the Permian region. SourceContinue Reading
Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1.0 Mtpa from its global portfolio, demonstrating ongoing strong demand for LNG globally. SourceContinue Reading
The National Ocean Industries Association has issued a statement after Secretary of the Interior Doug Burgum halted construction activities of the Empire Wind offshore wind project and ordered a review of both existing and pending offshore wind permits. SourceContinue Reading
Liberty Energy Inc., one of the biggest U.S. fracing companies, expects most producers to stick with their production plans as long as crude prices can hang on near current levels. Denver-based Liberty’s shares are down about 20% since Trump announced tariffs earlier this month. SourceContinue Reading
In accordance with a halt work order issued by the U.S. government, Empire Offshore Wind LLC (Empire) will safely halt the offshore construction in waters of the outer continental shelf for the Empire Wind project. SourceContinue Reading
ReconAfrica has entered into a Memorandum of Understanding (MOU) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. ANPG is Angola’s national concessionaire and regulator. SourceContinue Reading
Enverus Intelligence® Research (EIR) is releasing a series of reports focused on its Haynesville growth forecast including natural gas production, operational efficiencies and Henry Hub basis fluctuations amid high price volatility. SourceContinue Reading
Shale fracing major Liberty Energy Inc., formerly run by U.S. Energy Secretary Chris Wright, posted its worst earnings in three years amid plunging oil prices and mounting concerns about energy demand. SourceContinue Reading
