Occidental, Ecopetrol Extend Midland Basin Drilling JV
The updated plans between Occidental and Colombian state oil company Ecopetrol call for 34 new Midland Basin wells between April 2025 and June 2026.
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ArcLight Completes $865MM Deal for Phillips 66’s Stake in NatGas Line
Kinder Morgan will continue to operate the Gulf Coast Express as a project to increase the line’s capacity moves ahead.
BREAKING NEWS: Mexico’s President Sheinbaum Says Trump Tariffs Delayed For One Month
Bloomberg News President Claudia Sheinbaum said US tariffs on Mexico would be delayed for one month after a conversation with Donald Trump on Monday. “We had a good conversation with Trump,” she said in a post on social media. The Mexican peso erased losses and is up 0.3% on her comments.
BREAKING NEWS: Mexico’s President Sheinbaum Says Trump Tariffs Delayed For One Month
Claudia Sheinbaum Bloomberg News President Claudia Sheinbaum said US tariffs on Mexico would be delayed for one month after a conversation with Donald Trump on Monday. “We had a good conversation with Trump,” she said in a post on social media. The Mexican peso erased losses and is up 0.3% on her comments.
Trump’s Tariffs to Have Limited Impact on Oil, Gas Prices, Goldman Sachs Says – Predicts Tariffs Will be Short-Lived
(Reuters) – The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited near-term impact on global oil and gas prices, Goldman Sachs said in a note on Sunday. “Potential tariff-driven decline in U.S. natural gas imports from Canada is too small to significantly …
Difficult Yet to Predict DeepSeek’s Potential Impact on Power Demand, Japan’s METI Says
(Reuters) – Japan’s industry ministry is aware of a view that expansion of data centres may increase demand for electricity, however, it is difficult yet to predict how demand may change with the appearance of one technology such as DeepSeek, it said by email. In late December, the government released a draft of its basic …
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OPEC+ Likely to Stick to Oil Output Hike Plan, Sources Say
Summary • OPEC panel to meet at 1300 GMT, sources say • Group scheduled to unwind output cuts gradually from April • Oil rises towards $77 as tariffs spark supply disruption fears (Reuters) – OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets …
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VAALCO Energy, Inc. Announces Significant Milestone in Its Côte D’Ivoire FPSO Dry Dock Refurbishment Project
HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) is pleased to announce a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (“FPSO”) Dry Dock Refurbishment Project. In alignment with the project timeline, the FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources …
Baker Hughes and Hanwha Announce Partnership to Develop Small-Size Ammonia Turbines
Agreement to focus on creation of 100% ammonia combustion dual fuel with natural gas small-size turbines Ammonia is a low-carbon fuel that can play a critical role in decarbonizing hard-to-abate sector, including marine transportation Collaboration to deliver efficiency comparable to reciprocating engines while minimizing carbon emissions FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) — …
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COMMENTARY: Climate Alarmists Only Want the Headlines That Suit Them – Anything Else is Not Welcome – Jim Warren
by Jim Warren News stories about global warming continue to be dominated by the views of the overly alarmed. This is a problem for fans of the petroleum and natural gas industries in the alienated West. That’s because people who are continuously misinformed about climate change by the media are more likely to support …