The UK government is planning to introduce new environmental regulations for oil and gas companies operating in the North Sea, following a landmark Supreme Court ruling requiring regulators to take Scope 3 emissions into account when approving future projects. The UK Supreme Court ruled in June that a local council had unlawfully approved an onshore […]
As Bloomberg reported, Exxon wants to sell some conventional oil and gas reserves in the Permian Mountains. The proceeds from the potential sale are expected to be around one billion dollars. In a written response to the publication’s questions, Exxon said the company is “reviewing market interest in select conventional assets in West Texas and […]
The volume of daily natural gas production in the Sakarya gas field on the Black Sea has reached 6 million cubic meters (million m³), Energy and Natural Resources Minister Alparslan Bayraktar said on Saturday. Speaking at the meeting of the advisory board of the ruling Justice and Development Party (AK Party) in Zonguldak province, Bayraktar […]
By Julianne Geiger – August 16, 2024, 12:27 PM CDT The total number of active oil and gas rigs in the U.S. fell by two this week to 586. US crude oil production fell by 100,000 barrels per day in the week ended August 9. Oil prices, including WTI and Brent, fell […]
Baghdad relies on profit sharing in new oil and gas contracts BAGHDAD, August 15 (Reuters) – Iraq is making the biggest changes in its relationship with global oil companies in decades, sources said Thursday, in a bid to attract more money to the country’s hydrocarbon sector and share in the profits from the development of […]
VICTORIA, BRITISH COLUMBIA, August 12, 2024 (GLOBE NEWSWIRE) — FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN:FSI), is a developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment, as well as for nutrient availability in crops. Flexible Solutions also produces biodegradable and environmentally friendly technologies for water and energy conservation. Today the company […]
While firefighters are still battling more than two dozen active wildfires in California, new research has found that millions of people live near oil and gas wells that could be in the path of the flames. More than 100,000 wells in 19 states west of the Mississippi are in areas that have burned in recent […]
Azerbaijan exported 7.5 billion cubic meters of gas to Europe between January and July, the ministry said BAKU, August 9 (Reuters) – Azerbaijan exported 7.5 billion cubic meters of gas to Europe in the first seven months of the year, compared with 6.6 billion cubic meters in the same period last year, the Energy Ministry […]
