U.S. District Judge James D. Cain Jr. in Louisiana issued a preliminary injunction Monday in a lawsuit filed by 16 states, which argued Biden violated federal law by halting licenses in January to assess impact of shipments on climate change. SourceContinue Reading

To date, Apex has drilled 10 wells. Six of the 10 drilled wells are currently producing, one has been completed as a water supply well for a water injection project, two are discoveries waiting on completions, and one was a dry hole. SourceContinue Reading

OPEC produced an average of 26.98 MMbpd in June, or 80,000 bpd less than during the previous month, according to a Bloomberg survey. Small reductions in Iraq and Nigeria drove the decline. SourceContinue Reading

The merger of TGS and PGS forms a powerhouse in the energy sector, enhancing its capabilities to support energy exploration and production on a global scale. This integration will enable the company to leverage a wider pool of technological resources and expertise, significantly boosting its operational efficiency, innovation and customer engagement strategies.  SourceContinue Reading

The project is expected to achieve a peak production of approximately 18,100 boed day in 2026, and the oil property is light crude. It is the first oil field in the South China Sea supplied with onshore power. SourceContinue Reading

The sales would be part of a broader strategy of disposing of €8 billion in assets over the next three years. Units that could be candidates for the asset sale plan include some operations in Indonesia and Cyprus, said the people, asking not to be named discussing confidential deliberations. SourceContinue Reading

NC JSC QazaqGaz (QazaqGaz) and Chevron Corporation, through its subsidiary Chevron Munaigas Inc., have signed a cooperation agreement which will entail potential geological exploration at the Zhalibek site in the Aktobe region, near the Zhanazhol and Urikhtau fields. SourceContinue Reading

AIQ’s RoboWell autonomous well control (AWC) solution will be made available through Halliburton’s Landmark iEnergy hybrid cloud. This agreement marks a step in AIQ’s goal to expand the adoption of AI-enabled AWC tools to help optimize and increase production in the global upstream sector. SourceContinue 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