NEWS— Click on text to read news by category: General | Product | People | Worldwide
DNO Bulks Up in Norway with Acquisitions, Exploration Success
September 5, 2024
DNO has completed the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi. Following closing, DNO’s wholly-owned subsidiary DNO Norge holds interests in all producing and
Rising Phoenix Expands Permian Basin Presence with Strategic Mineral Interest Purchase
September 4, 2024
Rising Phoenix Royalties (RPR) has closed on a notable deal for a mineral interest property in Dawson, Texas. The deal encompasses 230 net royalty acres (NRA) under acreage operated by SM Energy Company. This transaction builds on the momentum from
DC Appeals Court Tosses Biden Administration Pipeline Safety Rules
September 4, 2024
A Washington appeals court recently ordered the Biden administration to rewrite sweeping new pipeline safety rules issued in 2022. In a unanimous decision, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled against
Australian Conservation Foundation Dismisses Challenge to Woodside’s Scarborough Energy Project
September 4, 2024
Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project. The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing
SLB Launches Carbon Storage Well Integrity Assessment Solution
September 4, 2024
SLB has launched a well integrity assessment solution that helps carbon storage developers quantify the risks associated with wells at prospective storage sites with previous drilling activity. Carbon capture, utilization, and storage (CCUS) provides one of the most immediate opportunities
Talos Energy President and CEO Tim Duncan Steps Down
September 4, 2024
Talos Energy said Tim Duncan has stepped down from his role as president and chief executive officer, effective August 29, 2024. Joseph Mills, who has served on the company’s board since March, 2024, will serve as interim president and chief
Diversified Energy to Acquire Operated Natural Gas Properties for $87 Million, Texas
September 3, 2024
Diversified Energy Company has executed a conditional purchase and sale agreement for the acquisition of operated natural gas properties located within eastern Texas from a regional operator for approximately $68 million. The assets contain a significant proved developed producing (PDP)
Chevron Boosts Oil and Natural Gas Recovery at Two Facilities in U.S. Gulf of Mexico
September 3, 2024
Chevron said it started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico, where Chevron operations produce some of the
Canadian Rail Union Files Lawsuits Challenging Back-to-work Orders
September 3, 2024
The union that represents workers at both of Canada’s largest freight railroads has filed the lawsuits it had promised challenging the orders that forced employees back to work and got the trains moving again, the union announced Friday. The lawsuits
August 30: U.S. Drillers Cut Oil and Gas Rigs for Third Week in a Row
September 3, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since late June, energy services firm Baker Hughes said in its closely followed report
