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Gradient: Geothermal Adds Value for Old, Existing Oil Wells
When geothermal piggybacks onto oil and gas operations, ‘the economics generally look really good,’ Gradient Geothermal CEO says.
BP Earns Approval to Redevelop Oil Fields in Northern Iraq
The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.
DNO ‘Hot Streak’ Continues with North Sea Discovery
DNO ASA has made 10 discoveries since 2021 in the Troll-Gjøa exploration and development area.
E&P Execs Level Scathing Criticism at Trump's Drill Baby Drill 'Myth'
E&P executives pushed back at the Trump administration’s “drill, baby, drill” mantra in a new Dallas Fed survey: “’Drill, baby, drill,’ does not work with [$50/bbl] oil,” one executive said.
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Gradient: Geothermal Adds Value for Old, Existing Oil Wells
When geothermal piggybacks onto oil and gas operations, ‘the economics generally look really good,’ Gradient Geothermal CEO says.
BP Earns Approval to Redevelop Oil Fields in Northern Iraq
The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.
Energy Trader Vitol Eyes $3B Sale of US Shale Producer, Sources Say
Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said.
DNO ‘Hot Streak’ Continues with North Sea Discovery
DNO ASA has made 10 discoveries since 2021 in the Troll-Gjøa exploration and development area.
E&P Execs Level Scathing Criticism at Trump's Drill Baby Drill 'Myth'
E&P executives pushed back at the Trump administration’s “drill, baby, drill” mantra in a new Dallas Fed survey: “’Drill, baby, drill,’ does not work with [$50/bbl] oil,” one executive said.
14 Energy Execs Send Open Letter to Canadian Government
The leaders requested the government to ease environmental regulations and encourage investments to expand the country’s energy industry.
CPP Wants to Invest Another $12.5B into Oil, Gas
The Canada Pension Plan’s CPP Investments is looking for more oil and gas stories—in addition to renewable and other energies.
Ironwood Launches Third Eagle Ford Midstream Co. After January Sale
Ironwood Midstream has launched its third iteration after having sold assets to Plains All American in January.
TechnipFMC Awarded EPCI for Equinor’s Johan Sverdrup Phase 3
The Johan Sverdrup Field, which originally began production in 2019, is one of the largest developments in the Norwegian North Sea.
Oil Loading Slows at Venezuela's Ports Amid US Tariffs, License Termination, Data Shows
Loading of Venezuela's heavy crude at its main oil ports slowed this week after the Trump administration imposed a 25% tariff on trade with countries buying the South American nation's oil.