Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

U.S. Supreme Court Takes Up EPA’s Clean Air Policy Challenges

October 23, 2024

The U.S. Supreme Court on Monday agreed to consider whether the U.S. Environmental Protection Agency could steer certain lawsuits challenging agency actions designed to reduce air pollution and greenhouse gas emissions away from regional appeals courts favored by opponents of

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Regulators Greenlight California Resources Corp’s Carbon TerraVault I CCS Project

October 23, 2024

California Resources Corporation (CRC) and its carbon management business, Carbon TerraVault, said the Kern County board of supervisors’ has unanimously approved the conditional use permit for the Carbon TerraVault I (CTV I) carbon capture and storage project. This permit authorizes

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Exxon Seeks Buyers for Portion of Assets in North Dakota’s Bakken Shale

October 22, 2024

Top U.S. oil producer ExxonMobil plans to sell a portion of its assets in North Dakota’s Bakken shale formation, the company told Reuters last week. Following a wave of megamergers in U.S. shale patches, oil producers are reviewing their portfolios

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Podcasts: An Expert Look into Oil and Gas

October 21, 2024

Ready to learn about all things Oil & Gas? Listen to The Energy Pipeline Podcast, sponsored by Caterpillar Oil & Gas. The Energy Pipeline is a new podcast that provides fresh insight every week on issues impacting our industry. Learn

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Oct. 18: U.S. Drillers Cut Oil, Gas Rigs for the Fourth Time in Five Weeks

October 21, 2024

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig

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Hilcorp Fined $9.4 Million Over San Juan Basin Fracking Emissions

October 21, 2024

Hilcorp Energy Co., the privately held oil producer run by Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico. It’s the first settlement to address violations from

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Marubeni Acquires 50% Stake in Ozona’s Eagle Ford CCS Project, Texas

October 18, 2024

Marubeni has entered into an agreement to acquire an interest in a business entity funded by Ozona CCS. Ozona is developing a carbon dioxide capture and storage (CCS) project in Texas, United States. Through this agreement, Marubeni will participate in

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TotalEnergies Begins Production from Fenix Gas Field, Offshore Argentina

October 18, 2024

TotalEnergies said it has started production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies

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APA Expands Partnership with Palantir to Leverage AI Technology Across Oil and Gas Operations

October 18, 2024

Palantir Technologies and APA Corporation have entered into a multi-year, multi-million-dollar extension to their enterprise agreement originally signed in 2021. The agreement builds on the work deployed across APA’s global portfolio over the past three years and introduces new artificial

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Lake Charles LNG Selects Technip Energies, KBR for Export Terminal, Louisiana

October 18, 2024

The KTJV joint venture between Technip Energies and KBR has been selected for a major engineering, procurement, fabrication, and construction (EPFC) project by Lake Charles LNG. Subject to Lake Charles LNG making a final investment decision to proceed with this

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