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OPEC Releases Statement on IEA’s Op-Ed Asserting Fossil Fuel Demand Would Peak Before 2030
September 19, 2023
OPEN has released a statement regarding the International Energy Agency’s recent Op-Ed published on September 12, 2023, asserting that fossil fuel demand would peak before 2030, OPEC said that consistent and data-based forecasts do not support this assertion. It is
Industry Partnership Drives Methane Reductions Across Supply Chain
September 19, 2023
The Environmental Partnership today released its fifth annual report demonstrating the U.S oil and natural gas industry’s actions in reducing methane emissions, improving detection methods and sharing best practices across the industry. The Partnership’s participating companies, which represent nearly 70
ConocoPhillips Inks Additional Long-term Agreement for Netherlands Regas Capacity
September 19, 2023
ConocoPhillips has made further progress on its global liquefied natural gas (LNG) strategy, signing a commercial agreement to secure additional regasification capacity in Europe at the Gate LNG terminal in the Netherlands. This agreement further complements the company’s foundational LNG
Data Kinetic Launches Applied AI Solutions Suite for the Oil and Gas Industry
September 19, 2023
Data Kinetic has launched a platform agnostic AI Outcomes as a service suite engineered for the oil and gas industry. Data Kinetic’s subscription service offers a catalog of machine learning (ML) models designed to accelerate enterprise adoption of applied AI.
TXOGA: Texas Leads the Way in Energy and Economic Growth
September 19, 2023
In a world where the specter of economic downturn is ever looming, there’s a beacon of hope: energy. Particularly, oil and natural gas. “Where there’s energy, there’s economic growth,” is more than just a catchphrase — it’s the economic pulse
U.S. Drillers Add Most Oil and Gas Rigs in a Week Since November
September 18, 2023
U.S. energy firms last week added the most oil and natural gas rigs in a week since November, with the count rising for a second week in a row, energy services firm Baker Hughes said in its closely followed report
Businesses, Trade Groups Warn that EPA’s PM NAAQS Proposal Could Significantly Damage the Economy
September 18, 2023
The American Petroleum Institute (API) today joined with nearly 90 other trade groups and local businesses spanning the economy in urging the Environmental Protection Agency (EPA) to walk back its unnecessary proposal to reconsider and tighten the recently promulgated National
Kimbell Royalty Closes $455 Million Acquisition of Permian and Mid-Con Mineral and Royalty Interests
September 18, 2023
Kimbell Royalty Partners has closed on the purchase of mineral and royalty interests held by a private seller in a cash transaction valued at approximately $455 million. “The acquisition represents the largest transaction in company history, and is expected to
United States Exports Record Volume of Natural Gas in the First Half of 2023
September 18, 2023
The United States exported more natural gas in the first six months of 2023 than in any other previous six-month period, averaging 12.5 billion cubic feet per day (Bcf/d), 11 percent (1.3 Bcf/d) more than in the same period in
Ron DeSantis to Detail Energy Policy on Visit to Oil-Rich Texas
September 18, 2023
Florida Governor Ron DeSantis plans to unveil a major proposal for energy policy at an event in Midland, Texas next Wednesday during a fundraising swing in the oil-rich state, according to a campaign official. DeSantis is expected to call for
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