Chevron Closes $6.5B Sale of Canadian Oil Sands
Canadian Natural Resources Ltd. completed its $6.5 billion deal to acquire Chevron’s Canadian oil sands assets as well as a 70% stake in Duvernay Shale assets.
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Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel
Shell took legal action after Greenpeace activists boarded a vessel in January 2023 near the Canary Islands off the Atlantic coast of northern Africa to protest against oil drilling, travelling on it as far as Norway.
Integrating OCTG Management from Planning to Well
Tenaris’ Rig Direct provides improved collaboration and communication, and more uptime.
US Average Gasoline Price Drops Below $3 a Gallon for the First Time Since 2021
(Reuters) – Average U.S. gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for consumers who have faced soaring inflation in recent years. Fuel prices have been declining steadily since the end of the peak summer driving season, helping boost …
US Average Gasoline Price Drops Below $3 a Gallon for the First Time Since 2021 Read More »
Oil Prices Ease, But China Policy Stance Checks Losses
Summary Oil keeps most of Monday’s gains with hopes for China stimulus Syria rebels set up government; banks, oil sector to reopen Tuesday China: first annual crude import growth in seven months (Reuters) – Oil prices slipped on Tuesday as concerns eased about the fallout from the overthrow of Syria’s president, despite support from China’s …
Oil Prices Ease, But China Policy Stance Checks Losses Read More »
Permian Resources Divests Delaware Basin Midstream Assets to Kinetik
The deal includes approximately 60,000 gross operated acres dedicated by Permian Resources under long-term, fixed-fee agreements for natural gas gathering, compression and processing and crude oil gathering services, Kinetik said.
The Explosive Evolution of Fracking: A 75-Year Journey
Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom.
Exclusive: Arbo Monitoring Courts, Congress Amid Energy Policy Shifts
Chip Moldenhauer, CEO and founder of energy analytics company Arbo, gives insight into regulatory impacts the energy sector should watch for entering 2025, in this Hart Energy Exclusive interview.
Belcher: Energy Sector Grapples with Looming Labor Crisis
The U.S. needs approximately 400,000 new engineers each year moving forward but is currently only able to fill about one-third of the engineering positions available through at least 2030.
E&P Highlights: Dec. 9, 2024
Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P.