NEW ORLEANS, Jan. 18, 2024 (GLOBE NEWSWIRE) — The 2024 Louisiana Energy Conference will be held in-person Tuesday afternoon May 28 through Thursday, May 30, 2024 at the Four Seasons Hotel, New Orleans, located at 2 Canal Street, at the foot of Canal Street on the Mississippi River. Conference registration is now open and hotel …
DALLAS, Jan. 18, 2024 (GLOBE NEWSWIRE) — Berry Corporation (NASDAQ: BRY) (“Berry”, or the “Company”) today announced select preliminary full year 2023 production and year-end proved reserves data. The Company also reported that it completed a small scale, all cash bolt-on acquisition at year-end 2023 in line with corporate strategy, while reducing revolver debt in …
Extreme cold disrupts natural gas systems linked to wells North Dakota sees ‘long, slow recovery’ from frigid weather The wintry weather that blanketed parts of Texas in snow and hammered North Dakota with extreme cold has knocked out millions of barrels of US oil production, and the industry is expected to need weeks to restore …
U.S. Oil Production Falls by 10 Million Barrels Amid Cold Snap Read More »
Chevron Corp. has begun marketing its Duvernay shale holdings in Alberta as the oil giant divests assets following its agreement to buy Hess Corp. Chevron plans to shed all of its 70% stake in the Western Alberta oil and natural gas play, spokesman Braden Reddall said in an email. Other assets in Canada won’t be …
Chevron Seeks to Sell Canadian Duvernay Shale Assets After Hess Purchase Read More »
Natural gas producers and pipeline companies are warning the Biden administration against any move to pause US liquefied natural gas export approvals, saying it would squander the climate benefits of replacing dirtier coal-fired power worldwide. “US LNG is the single most powerful tool the world has to reduce global emissions by displacing coal use around the globe,” …
Biden Urged to Keep LNG Exports Flowing to Help Kill Off Coal Read More »
BEIJING, Jan 20 (Reuters) – Russia leapfrogged Saudi Arabia to become China’s top crude oil supplier in 2023, data showed on Saturday, as the world’s biggest crude importer defied Western sanctions to purchase vast quantities of discounted oil for its processing plants. Russia shipped a record 107.02 million metric tons of crude oil to China …
China Defies Sanctions to Make Russia its Biggest Oil Supplier in 2023 Read More »
North Dakota’s oil output could take about a month to recover after a severe freeze cut production by more than half this week, state officials said on Friday. Oil output in the third-largest oil producing state was estimated to be down 350,000 barrels per day (bpd) to 400,000 bpd, or about 30%, on Friday, according …
North Dakota Oil Output Could Take a Month to Recover From Freeze Read More »
An impending U.S. Supreme Court ruling that could curb the regulatory powers of federal agencies may play a critical role in a challenge by Republican-led states to a rule issued by President Joe Biden’s administration allowing socially conscious investing by employee retirement plans, a court filing filed.The 26 states, led by Utah and Texas, asked …
U.S. Supreme Court Ruling on Agency Powers May Impact Biden ESG Investing Rule Read More »
The United States bought 3.2 million barrels of oil for the Strategic Petroleum Reserve, as it continues to slowly replenish the stash after selling a record amount following Russia’s invasion of Ukraine in 2022, a Department of Energy document showed on Friday. The U.S. bought 1.4 million barrels from Exxon Mobil, 600,000 barrels from Macquarie Commodities …
U.S. Buys 3.2 Million Barrels of Oil for Strategic Petroleum Reserve Read More »
Consensus is growing that natural gas will continue to fill a key role in a secure global energy future, and producers are continuing to strive for better environmental performance and greater transparency on impacts. In recent years, this has translated into a growing movement to certify natural gas as “responsibly produced” using a number of …
Natural Gas – A Foundational Fuel in a Secure Global Energy Future Read More »
