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Oil & Gas News
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64U.S. Judge Declines to Block Biden-Era Oil Well Decommissioning Rule
By Nate Raymond, (Reuters) – A federal judge in Louisiana has rejected a bid by three Republican-led states to block a rule...
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131
Turkey and Continental Resources Team Up for Energy Exploration
Continental Resources has entered a joint venture with Türkiye Petroleum and TransAtlantic Petroleum to explore and develop unconventional oil and gas resources...
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115
The World Has Reached ‘Peak Oil Trade’, Carlyle’s Jeff Currie Says
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is set to decline as nations seeking energy security...
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105
Oilfield Services Brace for Steel Tariff Cost Increases
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports is set to significantly impact the oilfield services...
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95
Rising Costs Force U.S. LNG Firms to Renegotiate
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas (LNG) producers are looking to renegotiate higher prices...
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112
Low Energy Prices Sting Aramco Profits and Squeeze Saudi Development Plans
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024...
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348
Osage Minerals Council Fights DOGE Proposed Closure of BIA Osage Agency Office
The Osage Minerals Council has taken a firm stand against the Department of Government Efficiency’s (DOGE) proposal to terminate the lease for...
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79
Protecting Texas Oil: HB3707 Attempts to Tackle Theft and Waste
Oilfield theft has become a major concern in Texas, where the energy industry remains a critical pillar of the state’s economy. Criminal...
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Senate Repeals Methane Leak Fee in Boon to Oil and Gas Industry
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the...
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184
Trump’s Mineral Diplomacy: A Game Changer for Ukraine?
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr Zelensky have reached a first-of-its-kind agreement for joint...
