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673Oil & Gas NewsU.S. Oil and Gas Production Record Broken
The United States has made a big splash in the oil world by setting a new annual record for oil production, and...
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548Oil & Gas News
Shell, Venezuela LNG Agreement Stalled
Shell PLC and Venezuela’s state oil company, PDVSA, are currently at a standstill over how much to charge for future shipments of...
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584Oil & Gas News
Texas RRC Imposes Heavy Penalties
On a decisive Wednesday at the Commissioners’ Conference, the Railroad Commission of Texas (RRC) executed its regulatory duties with vigor, issuing fines...
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556Oil & Gas News
BP Slashes Ex-CEO Looney’s Pay for Misconduct
British oil company BP (BP.L) has significantly reduced former CEO Bernard Looney’s compensation by over $40 million. This decision came after BP...
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566Investing
ESG 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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935Oil & Gas News
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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477International
Oil Majors in Guyana Advance Plans despite Venezuela Threats: Prez Ali
Story by Patricia Laya & Nicolle Yapur|Bloomberg, via RigZone.com| Oil majors operating in Guyana’s waters, are “moving ahead aggressively” with production plans...
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610Oil & Gas News
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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715Oil & Gas News
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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900Oil & Gas News
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...
