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Oil & Gas News
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314Chinese Consortium Exits Cyprus Gas Terminal Project
In an unexpected setback for Cyprus’ energy ambitions, a Chinese-led consortium has terminated its contract to construct the island nation’s inaugural natural...
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355
Seasonal Demand and Production Cuts Drive Oil Rally
By Julianne Geiger for Oilprice.com | Oil bulls have a narrow window for bullish bets as driving season and weather disruptions create...
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291
BLM Ordered to Reassess Wyoming Oil Leases
A federal judge has mandated the U.S. Bureau of Land Management (BLM) to halt the issuance of new oil and gas drilling...
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427
Pooling Power: Unveiling the Railroad Commission’s Pivotal Role in Texas Oil and Gas Production
The Railroad Commission of Texas (RRC) is the state agency primarily responsible for regulating the oil and gas industry, pipelines, natural gas...
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353
BP Forecasts Energy Shifts, Emission Peaks
BP plc (BP) forecasts that global oil demand will reach its zenith next year, marking a pivotal shift as wind and solar...
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337
FTC Requests More Info on ConocoPhillips Merger
On July 11, 2024, the U.S. Federal Trade Commission (FTC) sent a second request for additional information to both ConocoPhillips and Marathon...
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285
Big Tech is stress testing the grid. It doesn’t have to be a disaster.
Story By Jason Plautz| E&E News |Politico| After years of flat power demand, America’s digital economy is turning electricity into a growth industry....
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354
Global LNG Trade Surges 3.1% in 2023
The global liquefied natural gas (LNG) market witnessed a significant surge in trade, growing by 3.1% in 2023 to an average of...
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536
Oil Royalties Go Crypto with Elmnts Launch
A new Solana-based crypto initiative, Elmnts, is set to revolutionize the blockchain space by introducing the tokenization of oil and gas well...
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432
Devon Energy’s $5 Billion Grayson Mill Acquisition
Devon Energy (DVN.N) announced on Monday its strategic move to acquire Grayson Mill Energy, a major Bakken-focused energy producer owned by private...
