It’s easy to get sloppy when oil is above $100 per barrel. When prices fall and profi ts drop, companies need to take a hard look at their operations to improve effi ciencies and trim out excess.
This month’s cover feature examines scenarios that will help companies survive and thrive in the downturn without putting the service and supply companies out of business and will prepare them for action when prices rebound.
Read each story:
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Treasury’s New Hydrogen Tax Credit Regs Open Door to NatGas Producers
2025-01-03 - The U.S. Treasury Department’s long awaited 45V hydrogen tax credit will enable “pathways for hydrogen produced using both electricity and methane” as well as nuclear, the department said Jan. 3.
BP Flows First Gas from Greater Tortue LNG Project
2025-01-03 - Once fully commissioned, Phase 1 of the Greater Tortue Ahmeyim LNG project led by operator BP is expected to produce approximately 2.3 MMtonne of LNG annually.
Former IPAA Chair Steven Hinchman Dies at 66
2025-01-03 - During his time with IPAA, Steven Hinchman founded Scala Energy and became its president and CEO.
NatGas in Storage Shows YOY Drop for First Time Since 2022
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Biden Blocks Japan’s Nippon Steel from Buying US Steel for $14.9B
2025-01-03 - President Biden cited national security concerns in his decision, but Nippon Steel and U.S. Steel said the decision ignored the law and was motivated by politics.
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