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The Latest Digital Bludgeon With Which To Beat Up Oil and Gas – Geoffrey Cann

Latest, US News / By

By Geoffrey Cann A brand new digital bludgeon whose nearly sole purpose is to beat up on the oil and gas industry, is about to be launched. As usual, this is both bad and good news. The Methane Problem For years, human produced industrial methane was overlooked as a meaningful contributor to climate change. Far more attention was paid …

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A MUST WATCH: How Much Energy Will the World Need? – Let’s Compare Political “Dream” to Energy “Reality” – Mark Mills

Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By

Are we heading toward an all-renewable energy future, spearheaded by wind and solar? Or are those energy sources wholly inadequate for the task? Mark Mills, Senior Fellow at the Manhattan Institute and author of The Cloud Revolution, compares the energy dream to the energy reality.    

Oil and Gas Upstream M&A Deal Value Hits Highest Q1 Levels Since 2017

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Oil, US News / By

An ongoing consolidation in the U.S. shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus, as …

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Oil and Gas Upstream M&A Deal Value Hits Highest Q1 Levels Since 2017

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Oil / By

An ongoing consolidation in the U.S. shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus, as …

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Commentary: Buffett Could Simply Say He’s Betting Oil Prices Go Up

Conventional Energy, Latest, Oil, US News / By

Praising Occidental’s voluminous production and contribution to energy security simply reminds investors of the industry’s decade of excess. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. Not to say Warren Buffett’s …

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Oil Heavyweights Take Aim at Biden’s LNG Permitting Freeze

Conventional Energy, Latest, LNG, US News / By

Six groups join American Petroleum Institute to seek hearing Move comes as Qatar announces plans for major new LNG project Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration’s pause in approving new liquefied natural gas exports. In a petition filed Monday with the Energy Department, the American Petroleum Institute and six other groups …

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LNG Demand Will Surge 50% in Next Decade, Woodside CEO Says

Conventional Energy, Latest, LNG, US News / By

Australia’s top producer continues to study projects and M&A US pause on export project approvals is ‘concerning signal’   Woodside Energy Group Ltd., Australia’s top liquefied natural gas exporter, expects consumption of the fuel to rise 50% over the next decade, pushing the supplier to consider further expansions. “We’re seeing signs of that demand growth …

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Russia Bans Gasoline Exports for 6 Months From March 1

CDN and International News, Conventional Energy, Energy Topics & Technology, Gasoline, Latest, Oil / By

Summary Russia to ban gasoline exports from March 1 PM Mishustin has approved the ban Gasoline prices are sensitive ahead of election MOSCOW, Feb 27 (Reuters) – Russia on Tuesday ordered a six-month ban on gasoline exports from March 1 to keep prices stable amid rising demand from consumers and farmers and to allow for …

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Oil Prices Steady as Investors Weigh up Gaza Ceasefire Signals

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Oil prices were largely stable on Tuesday, as investors weighed up signals of a Gaza ceasefire against the reality on the ground in the Middle East. Brent crude futures fell 10 cents, or 0.12%, to $82.43 a barrel by 0923 GMT, while U.S. West Texas Intermediate crude futures (WTI) were down 7 cents, …

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ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio

Latest, Press Releases / By

THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) — ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed …

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