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US, EU Lawmakers Seek International Methane Standard for Oil and Gas

Conventional Energy, Energy Topics & Technology, Latest, Methane, Natural Gas, Oil, US News / By

A group of European Union and U.S. Democrat lawmakers has asked the International Energy Agency to develop international standards for measuring the oil and gas sector’s emissions of methane, to help countries adopt tougher measures targeting the potent greenhouse gas, a letter showed on Tuesday. The EU will impose methane emissions limits on Europe’s oil …

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Exxon-Hess Arbitration Panel Nears Formation, Sources Say

Energy Topics & Technology, Latest, Mergers and Acquisitions, US News / By

The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil’s claim against Chevron’s $53 billion purchase of Hess Corp, two people familiar with the matter told Reuters. The panel’s formation would be a milestone in a long-delayed process that has cast uncertainty over the mega-merger, which both Chevron and Hess …

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U.S. Peak Power Pollution Season Gets Underway

Electricity Grid, Energy Topics & Technology, Latest, US News / By

By Gavin Maguire (Reuters) – The month of July kicks off the annual peak period for power emissions in the United States, as higher nationwide temperatures ratchet up use of energy-intensive air conditioners and spur power firms to crank up output from fossil fuels. The July-to-September quarter has marked the quarterly high point for fossil …

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Oil Prices Steady After Large U.S. Crude Inventory Draw

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Oil prices steadied on Wednesday after trading higher as industry data showed a bigger-than-expected draw in U.S. crude stockpiles, with gains capped by economic headwinds from China and the euro zone. Brent crude futures inched up 7 cents, or 0.08%, to $86.31 per barrel at 0925 GMT. U.S. West Texas Intermediate crude futures …

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Embracing Digital Job Safety Assessments: A Modern Approach to Job Site Safety

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As technology continues to transform the Oil & Gas industry, the transition from paper-based processes to digital systems is a logical and beneficial step for job site safety processes. One area that stands to gain significantly from this shift is job safety assessments (JSAs). Traditionally, JSAs have been conducted using paper forms, a method that, …

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GLJ July Price Forecast: The Summer Market

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By Leonard Herchen & Yuchen Wang Overview: Over the last quarter, oil prices have experienced significant fluctuations. WTI surged above $80, nearly reaching $85, before stabilizing around $78. This volatility has been driven by a mix of supply chain adjustments, geopolitical tensions, and shifts in demand patterns.  In the natural gas market, Henry Hub prices …

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COMMENTARY: Answers to Questions About “Depletion,” Nuclear, Industry Communication Failure, and More – Alex Epstein

Energy Commentary, Energy Topics & Technology, Latest, US News / By

By Alex Epstein I often travel to give speeches about my work to energy companies, university students, non-profit organizations, and a variety of other audiences. Since these speeches often include a Q&A, I thought it would be fun to compile some of the most interesting questions I’ve been asked recently—along with my answers. What follows …

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