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Wishing Everyone Blessings this Easter!
April 7, 2023
As we celebrate the resurrection of Jesus Christ, may we be reminded of the power of faith and hope, and may we experience a revival in our hearts and minds that brings peace and joy to our lives. May the
U.S. LNG Exports Back on Rising Rrack, Reached Record in March
April 7, 2023
U.S. producers of liquefied natural gas (LNG) last month regained momentum as the country’s second-largest exporter Freeport LNG ramped up output, sending total shipments to an all-time record of 7.73 million tonnes, Refinitiv Eikon data showed on Monday. Freeport LNG’s
Energy Firms Bet Big on Carbon Capture Projects in U.S. and Canada
April 7, 2023
A carbon capture and storage (CCS) process captures carbon dioxide (CO2) generated from industrial activity, transports it, and then stores it underground. The United States has committed $3.7 billion to finance such projects and meet its goal of net-zero emissions
Civitas Resources Appoints Hodge Walker as Chief Operating Officer
April 6, 2023
Civitas Resources said Hodge Walker has been appointed chief operating officer. He will replace Matt Owens who has left the company. “On behalf of the board of directors and the company, I am pleased to welcome Hodge to Civitas. With
Alaska Oil Plan Opponents Lose First Legal Fight Over Willow Project
April 5, 2023
Environmentalists lost the first round of their legal battle over a major oil project on Alaska’s petroleum-rich North Slope on Monday as a judge rejected their requests to halt immediate construction work related to the Willow project, but they vowed
Lawsuit Over Wyoming Oil and Gas Lease Sale Inches Forward
April 5, 2023
Close to a year in, a lawsuit brought by environmental groups against Wyoming’s June 2022 oil and gas lease sale is one step closer to a decision. Earthjustice, which sued on behalf of the Wilderness Society and Friends of the
EIA: U.S. Natural Gas Production Grew by 4% in 2022
April 4, 2023
U.S. natural gas production grew by 4 percent (4.9 billion cubic feet per day [Bcf/d]) in 2022, averaging 119 Bcf/d. Three regions — Appalachia, Permian, and Haynesville — accounted for 60 percent of all U.S. production in 2022, similar to
Transocean RIG Secures 2 Drilling Contracts from Equinor
April 4, 2023
Transocean Ltd. RIG has been awarded two separate drilling contracts worth $382 million by the energy company Equinor. Per the agreements, Transocean will provide drilling services at designated offshore locations to support Equinor’s exploration and production efforts in the oil
Chevron, Exxon Top Buyers in Gulf of Mexico Drilling Auction
April 3, 2023
A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years and the first test of demand for investment since
IOG Resources Acquires Assets in Appalachia
April 3, 2023
IOG Resources II has signed definitive documentation to acquire non-operated oil & gas assets in Appalachia. The sssets include 66 producing wellbores and 7,000 net acres primarily located in Carroll County, Ohio and Butler County, Pennsylvania with current net production
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