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Oil & Gas News
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1.4K🤖What We Know ChatGPT Can Do for the Petroleum Industry, So Far
ChatGPT. Story Credit, Habib Ouadi et al.: Journal of Petroleum Technology. The complex and dynamic nature of the oil industry calls for...
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617
Peak Oil Production, Not In The Permian
The Permian basin, which spans across Texas and New Mexico, is the largest shale oil basin in the country and has not...
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565
Putin Says Russia Will See Higher Oil Revenues
By: Reuters – President Vladimir Putin said Russia would see higher oil and gas revenues by the end of the second quarter...
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729
How Biden’s Oil Bet Went Sideways
By: Quartz – In 2022, the US government helped fight inflation with a smart oil trade: Selling from the Strategic Petroleum Reserve...
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607
Europe Gas Slides As Forecasts Point to Warmer, Windier Weather
Bloomberg) — Europe’s natural gas market is showing signs of lingering concern over next winter’s fuel supplies, even as immediate frictions ease....
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828
Exxon Buying Pioneer Would Be Iffy Use Of Capital
By: Reuters – Exxon Mobil (XOM.N) is poking around in the wrong area. Buying Pioneer Natural Resources (PXD.N) would cost a chunky $64 billion. The implied...
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680
U.S. grid officials raise alarm on power plant closures
Story by James Osborne, Houston Chronicle. WASHINGTON – U.S. grid operators are raising alarms the power grid is becoming less reliable and...
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Oklahoma Corporation Commission Orders Wastewater Disposal Reduction
In the wake of a 4.0 magnitude earthquake, along with several smaller tremors in Lincoln County, Oklahoma, the Oklahoma Corporation Commission (OCC)...
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799
EnCap Eyes Nearly $3B Permian Asset Sale
By: Reuters – EnCap Investments is exploring the sale of two Permian basin-focused oil and gas producers that could collectively fetch the...
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714
Rig Count Numbers Come a Day Early, Before Good Friday
The latest oil and gas rig count provided by Baker Hughes Co. offers yet another indication of a slowing economy as numbers...
