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Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields

New solutions will support remote operations in deepwater fields Technology allows real-time response to evolving well conditions across multiple zones HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender …

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Vantage Drilling International Ltd. Reports Fourth Quarter and Full Year 2024 Results

Latest, Press Releases / By mark

Dubai, March 20, 2025 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net gain attributable to shareholders of approximately $55.5 million or $4.17 per diluted share for the three months ended December 31, 2024, based on weighted average shares outstanding, as compared to a net loss attributable to shareholders of …

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Epsilon Announces Full Year 2024 Results

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HOUSTON, March 19, 2025 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported financial results for the fourth quarter and full-year ended December 31, 2024. Full Year and Q4 2024 Highlights: Epsilon – Full Year 2024 & Q4 2024 2024 2023 Q4 2024 Q3 2024 YoY% QoQ% NRI Production Gas …

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Belcher: Texas Considers Funding for Abandoned Wells, Emissions Reduction

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With uncertainly surrounding federal aid as the Trump administration attempts cost cutting measures, the state is exploring its own incentive system to plug wells and reduce emissions.

DOE Approves Venture Global’s CP2 LNG to Export to Non-FTA Countries

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The U.S. Department of Energy approved Venture Global’s Calcasieu Pass 2 LNG project in Cameron Parish, Louisiana, to export LNG to non-FTA countries.

Trump Administration to Open More Alaska Acres for Oil, Gas Drilling

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U.S. Interior Secretary Doug Burgum said the agency plans to reopen the 82% of Alaska’s National Petroleum Reserve that is available for leasing for development.

RWE Slashes Investment Upon Uncertainties in US Market

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RWE introduced stricter investment criteria in the U.S. and cut planned investments by about 25% through 2030, citing regulatory uncertainties and supply chain constraints as some of the reason for the pullback.

US Slaps Iran-Related Sanctions on Oil Tankers, China ‘Teapot’ Refinery

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The U.S. issued new Iran-related sanctions, targeting entities including for the first time a Chinese “teapot,” or independent refinery, and vessels that supplied crude oil to such processing plants.

Kinder Morgan’s Fore: Despite Hits, Pieces for Regulatory Reform Fall into Place

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Kinder Morgan’s Vice President of Public Affairs Allen Fore said the current regime’s regulatory stance is the biggest change he’s seen in his lifetime.

Oil Executives Talk Permitting But Not Prices in Trump Meeting

Conventional Energy, Latest, Oil, US News / By mark

By Jennifer A Dlouhy Oil executives pressed for faster permitting — and didn’t discuss concerns about falling crude prices — during a meeting with President Donald Trump on Wednesday, Interior Secretary Doug Burgum said. The more than hour-long session brought Trump, an unabashed champion of American oil and gas might, face to face with more …

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