Industry & Analysis
News
March 31, 2023
A report by the International Energy Agency, which formed the basis of a review into the cap, found that the mechanism had met its goals of reducing Moscow’s revenues and keeping global oil prices from spiking.
News
March 31, 2023
Operators were ordered to come into compliance with Commission rules and assessed $184,300 for any oil and gas, LP-Gas, critical infrastructure, or pipeline safety rule violations.
Article
March 2023
Striking a balance
Article
March 2023
TotalEnergies’ Pouyanné takes balanced approach, citing energy security
News
March 30, 2023
The Independent Petroleum Association of America (IPAA) and the Energy Workforce & Technology Council have issued statements in support of H.R. 1 - the Lower Energy Costs Act, which passed in the U.S. House of Representatives with a bipartisan vote of 225-204. Both organizations are urging the full Senate to support the legislation.
News
March 30, 2023
Britain's future energy security remains a key concern despite the government’s ‘Powering up Britain’ strategy and its recognition of the “vital role” of oil and gas in powering the nation and providing the bedrock for the transition to net zero and beyond, OEUK's Chief Executive said.
News
March 30, 2023
Increased U.S. crude oil production, releases from the U.S. Strategic Petroleum Reserve, and more global demand for crude oil from countries other than Russia all drove the growth in U.S. crude oil exports.
News
March 30, 2023
Shell Plc investors are showing more interest in energy security in the wake of the crisis triggered by Russia’s invasion of Ukraine, according to Chief Financial Officer Sinead Gorman.
News
March 29, 2023
Highlights of the budget for Energy NL include a plan to improve the efficiency of the impact assessment process for major projects, support for offshore wind, the Clean Hydrogen Investment Tax Credit, the Clean Technology Investment Tax Credit, and the Carbon Capture, Utilization, and Storage Investment Tax Credit.
News
March 29, 2023
Delay and uncertainty over the next offshore leasing program has put the U.S. in the unprecedented position of having a substantial gap in between congressionally mandated leasing programs for the first time since the process started in the early 1980s.
News
March 29, 2023
Three countries, Nigeria, Mexico, and the United States, accounted for most of the decline in global gas flaring in 2022. Two other countries—Kazakhstan and Colombia— stand out for consistently reducing flaring volumes in the last seven years.
News
March 29, 2023
The White House is still insisting on a bill that simply raises the debt ceiling without conditions. But an agreement on energy permitting could benefit projects ranging from pipelines and oil refining to renewable power projects, making a deal attractive to both parties.
News
March 29, 2023
OEUK warned that if the UK wanted to tackle climate change, it needed to “get serious” about driving down demand. But while that demand existed, it should be met as much as possible from UK resources.
News
March 28, 2023
The move will deepen BP’s presence in the eastern Mediterranean and mark ADNOC’s first venture into the region, which has seen several major gas finds in the past 15 years and attracted billions of dollars of investment from energy firms.
News
March 28, 2023
Group leader Saudi Arabia has said publicly that the 23-nation alliance should keep supplies steady for the whole of 2023 as it navigates a fragile recovery in global oil demand. Delegates from the group say privately that an online meeting of key ministers on Monday is set to maintain this position.
News
March 27, 2023
A coalition that includes the American Petroleum Institute, Independent Petroleum Association of America and the American Clean Power Association sent a letter on Monday morning, urging Congress to pass “meaningful and durable legislation” to develop energy infrastructure across the nation.
News
March 27, 2023
‘‘Offshore Energies UK congratulates Humza Yousaf as he becomes the new leader of the SNP and First Minister of Scotland. We wish him every success at this critical time for businesses and people looking for energy security and stability in their everyday lives,” said David Whitehouse, CEO of Offshore Energies UK.
News
March 23, 2023
With offices in Fort Worth and Midland, Texas, Valor has grown to become one of the Southwest’s leading private asset managers, providing mineral management, oil and gas bookkeeping, and operator outsourcing for mineral rights, and oil and gas owners.
News
March 23, 2023
Convoy of Hope works alongside communities and its wide network of volunteers aim to alleviate poverty and hunger and to bring help and hope wherever they are most needed in the world.
