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U.S. Drillers Cut Oil and Gas Rigs for Third Week in a Row
May 13, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
AG’s from 27 States and Industry Trade Groups Sue to Stop EPA’s Carbon Rule
May 10, 2024
Republican attorneys general from 27 U.S. states and industry trade groups sued the Environmental Protection Agency on Thursday, seeking to block a landmark rule requiring sweeping reductions in carbon emissions from existing coal-fired power plants and new natural gas plants.
U.S. Appeals Court Upholds FERC Approvals for Evangeline Pass Expansion Project
May 10, 2024
A U.S. appeals court on Tuesday upheld federal approvals for a natural gas pipeline system expansion project in Louisiana and Mississippi, rejecting environmentalists’ claims that the government performed an insufficient review of its climate harms. A unanimous three-judge panel of
Phoenix Capital Group Acquires Uinta Basin Royalty Interests
May 10, 2024
Phoenix Capital Group said it has acquired 1,500 net royalty acres in Utah’s highly productive Uinta Basin. The company has spent more than $60 million to-date in the Uinta Basin. Since April 2023, the newly acquired 1,500 net royalty acres
Surface Solutions Celebrates 25 Years of Oil and Gas Emission Technology Innovation
May 10, 2024
As it marks its 25th anniversary, Surface Solutions Inc. (SSI) continues to bridge the crucial gap between the necessary data acquisition for oil and gas optimization and the technology required to deliver these insights. With a commitment to innovation and
Talos Energy Expands Leadership Team After $1.29B QuarterNorth Acquisition
May 10, 2024
Talos Energy has made updates to its organization that support Talos’s growth and strategic priorities and the recently closed QuarterNorth Energy acquisition. “In connection with the integration of QuarterNorth, we have promoted several individuals and expanded our leadership team. I
CGG and Baker Hughes Sign MOU to Explore Carbon Capture and Storage Solutions
May 9, 2024
CGG has signed a memorandum of understanding with Baker Hughes to facilitate the parties exploring jointly offered carbon capture and storage (CCS) solutions. The collaboration and proposed commercial alliance intends to support the rapid increase of CCS projects that is
ConocoPhillips and Partners Begin Oil Production from Eldfisk North Project, Norwegian North Sea
May 9, 2024
ConocoPhillips and its partners have achieved the first oil production from the $1.24 billion (NOK$13 billion) Eldfisk North project in the Norwegian North Sea. The offshore field lies within the Greater Ekofisk Area in the southern region of the Norwegian
House Passes Bill to Study Effects of Abandoned Oil Wells
May 9, 2024
The House passed legislation sponsored by Rep. Summer Lee (D-Pa.) last week that aims to address environmental hazards from abandoned gas and oil wells. The legislation passed in a 333-75 vote. The bill — Abandoned Wells, Remediation, Research and Development
Colorado Senate Passes Oil and Gas Compromise Package, New Fees Associated with Production
May 8, 2024
Democrats in the Colorado Senate on Saturday approved a pair of bills levying a new fee on oil and gas production and tweaking pollution laws, sending the compromise package negotiated by industry and environmental groups to the House with just
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