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U.S. Drillers Add Oil, Gas Rigs for Second Consecutive Week
June 20, 2022
U.S. energy firms this week added oil and natural gas rigs for a second week in a row as crude production returned to pre-pandemic levels and President Joe Biden slammed oil producers for profiting from sky-high prices instead of boosting
Zephyr Energy Boosts Production Portfolio in North Dakota
June 20, 2022
Zephyr Energy said its portfolio of non-operated well interests, in the Williston Basin, North Dakota, continues to grow — with new drilling and bolt-on acquisitions. Over the past two months the company has elected to participate in seven new wells
API Urges SEC to Consider Alternative Approaches to Climate-Related Reporting Proposal
June 20, 2022
The American Petroleum Institute (API) submitted comments on the U.S. Security and Exchange Commission (SEC) proposed climate-related disclosure rule, The Enhancement and Standardization of Climate-Related Disclosures for Investors. In its comments, API reiterated its support of timely and accurate reporting
ExxonMobil Fires Back at President Biden After ‘God’ Quip
June 20, 2022
ExxonMobil has fired back at U.S. President Joe Biden after his quip that it is making ‘more money than God’ due to soaring crude prices. The U.S. oil and gas giant pointed out it had invested more than $50 billion
ExxonMobil Releases Statement Regarding President Biden’s Letter to Oil Industry
June 17, 2022
ExxonMobil released the following statement in response to a letter from President Biden. We have been in regular contact with the administration to update the President and his staff on how ExxonMobil has been investing more than any other company
Locus Bio-Energy Solutions Launches FloBoost™ for Economical Solutions to Increase Efficiency of SWD
June 17, 2022
Locus Bio-Energy Solutions® is answering the oil & gas industry’s need for economical solutions to increase the efficiency of saltwater disposal (SWD). The oil innovation company launched FloBoost™, a line of biosurfactant-based SWD injectivity aids designed to reduce costs, boost
API Responds to President Biden’s Letter: Prioritize Unlocking U.S. Energy Resources
June 16, 2022
The American Petroleum Institute (API) released the following statement from API President and CEO Mike Sommers in response to a letter President Biden sent to oil refineries today. “While we appreciate the opportunity to open increased dialogue with the White
EnLink Midstream Chairman and CEO Barry Davis to Retire, Jesse Arenivas to Take the Helm
June 16, 2022
EnLink Midstream said that chairman and CEO Barry E. Davis will retire from EnLink, the company he led the founding of, after more than 25 years of leadership. Davis will step down from his position as chairman and CEO on
W.Va. Attorney General Leads State Coalition Against New SEC Climate Change Disclosures
June 16, 2022
West Virginia’s Attorney General said Wednesday that he has led a coalition of 24 states in filing formal comments regarding a U.S. Securities and Exchange Commission initiative that would require companies to make policy statements not related to financial performance.
Harold Hamm Launches $4.4 Billion Cash Offer to Take Continental Resources Private
June 15, 2022
Continental Resources’ board of directors has received a non-binding proposal letter, dated June 13, 2022, from Harold G. Hamm, on behalf of himself, the Harold G. Hamm Trust, and certain trusts established for the benefit of Mr. Hamm’s family members
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