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Oil & Gas News
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499ESG Funds Boost Fossil Fuel Holdings
The largest class of ESG (Environmental, Social, and Governance) funds, controlling about $5 trillion in assets, has increased its investment in the...
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717
New COP28 draft deal stops short of fossil fuel ‘phase out’
By Kate Abnett, Gloria Dickie and David Stanway | DUBAI, (Reuters) – A draft of a potential climate deal at the COP28 summit on Monday suggested...
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528
Nevada Judge Rules Against Tribes in Lithium Mine Case
In Nevada, a federal judge has delivered a blow to three tribal nations opposing the construction of what could be the United...
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645
Occidental to Acquire Midland Basin E&P CrownRock for $12B
Story By Mitchell Ferman | Midland Reporter-Telegram | Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock...
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806
Endeavor Exploring Sale For Up to $30B
Endeavor Energy Partners, the largest private oil and gas producer in the Permian Basin, is reportedly considering a sale. Sources suggest the...
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489
New Mexico Seeks $500MM to Buy Oil & Gas Wastewater
By: Adrian Hedden – Carlsbad Current Argus – About half a billion dollars could fund a reserve of treated oilfield wastewater if...
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513
COP28 Summit Divided Over Fossil Fuel Phase-Out
At COP28 in Dubai, a heated debate emerged over a proposal to phase out fossil fuels, potentially marking a historic shift in...
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427
China Oil Demand Set to Cool Off on Fading Pandemic Push Factors
Bloomberg News, via RigZone.com | China will see oil demand growth slowing next year, casting a pall over an already disappointing global...
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545
Exxon Mobil Sets $27B Annual Spending Through 2027
Exxon Mobil (XOM.N) has outlined a steady investment strategy, aiming for an annual project expenditure of $22 billion to $27 billion through...
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588
EPA Mandates Methane Cuts Impacting Texas Production
The U.S. Environmental Protection Agency (EPA) announced a pivotal climate regulation on Saturday, mandating significant methane emission reductions from oil and gas...
