Chevron Starts Oil Production From Ballymore Project in Gulf of America

Conventional Energy, Latest, Oil, Press Releases / By

HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300,000 net barrels per day …

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Republican Lawmakers Face Clean-Energy Conundrum as They Work on Tax Bill

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Republican lawmakers working to extend U.S. President Donald Trump’s tax cuts legislation are facing a clean-energy conundrum back home, as major clean energy investments in their districts are at odds with Trump’s skepticism of the industry. Eleven of the 26 Republicans on the House of Representatives’ tax-writing Ways & Means committee, who are now crafting …

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Chevron and Other Companies Exit Egypt’s Red Sea Concessions, Redirect Resources

CDN and International News, Conventional Energy, Latest, Natural Gas, Oil / By

Summary • Concessions awarded in 2019, part of effort to become energy hub • Chevron says it remains committed to working with Egypt • Ministry spokesperson gives assurances over summer gas supply CAIRO, April 18 (Reuters) – A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas …

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Oil Posts Weekly Gain on Trade Deal Hopes, New Iran Sanctions

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By Nicole Jao Trump expressed optimism about reaching a trade deal with Europe US issues new sanctions on Chinese importers of Iranian oil Iraq, Kazakhstan, others to cut output further in OPEC plan NEW YORK, April 17 (Reuters) – Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal …

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Ring Energy Provides Operational Update – Amended to Correct Wells Drilled in First Quarter 2025

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  ~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 18, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company’s guidance range and total sales volumes …

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Trump Administration Kicks Off Plan for Expanded Offshore Drilling

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, US News / By

The U.S. Interior Department on Friday said it would begin taking public input for a new five-year offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize energy development. President Donald Trump has ordered government agencies to identify ways to increase already record high U.S. oil and …

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