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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

10 “CO 2 storage projects in Europe,” International Association of Oil and Gas Producers, March 2024. This mature technology has a long operational history in the oil and gas industry and is the most commonly used option for short to medium distances. In addition, most of Europe’s depleted oil and gas fields are located at sea.

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Canada's Oil Sands to Reach Record Production in 2025, S&P Global Says

Rigzone

Image by traveler1116 via iStock Canadian oil sands production will reach record annual production in 2025 despite lower prices, according to a forecast from S&P Global Commodity Insights. Oil sands production in the country is projected to reach 3.5 million barrels per day (bpd) for the year, 5 percent higher than last year.

Oil
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Energy Market Assessment: Needing more oil & natural gas, and a drilling boom

Oil & Gas 360º

(Oil & Gas 360) – While prices show bearishness high, activity continues showing UP is the d irection we head needing more oil & natural gas, and a drilling boom. Although the current month futures contract price for West Texas Intermediate (WTI) crude oil is below $67 per barrel, the Oil Index (XOI, red line) is up 0.5%

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Oil Spill Liability: OPA 90 v. the IMO’S CLC

The Energy Law

Most American maritime and environmental attorneys and vessel owners are familiar with OPA 90 and oil spill liability in the United States. But what happens when a vessel spills oil in the territorial waters of another country? The CLC addresses civil liability for maritime oil spills.

Oil
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Establishing Cessation of Production Under a Texas Oil and Gas Lease

Producer's Edge

Specifically, on May 27, 1976, the original lessors executed an oil and gas lease (“1976 Lease”) covering a 550-acre tract in Milam County, Texas, with a primary term of three years and a secondary term contingent on production or operations continuing without a cessation of more than sixty consecutive days.

Oil
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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. Did you know that most of the U.S.’s In fact, the No.

Gas
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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally.