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VC Summer Nuclear Station in South Carolina Gets 20-Year Extension

Rigzone

A renewal awarded 2004 extended its life for 20 years to 2042. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Summer Nuclear Station Unit 1 in Jenkinsville, South Carolina, a 20-year extension to operate through 2062. Summer had been licensed to operate from 1982 to 2022. “To ensure V.C.

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Petrel Resources Updates on Iraqi Prospects

Iraq Business News: Oil & Gas

It adds: "Title to oil and gas assets in Ghana and Iraq can be complex. Regarding prospects in Iraq, the company said: " An early opportunity may lie in projects to recover and monetise flared gas with contained liquids in southern Iraqi oil-fields. The company's accounts show no assets or liabilities in Iraq.

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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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Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

“Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint.” Oil Market Report, junio 2025. Citado en Euronews: “How vital is the Strait of Hormuz for oil market?” , 16/06/2025). Israel-Iran crisis: How vital is the Strait of Hormuz for oil market?” Crude oil prices peaked early in 2012.”

E&A
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On OPEC's higher output, no peak demand & no access

Oilholics Synonymous Report

OPEC's two-day biennial 9th International Seminar came to a conclusion on Thursday after its key voices roundly declared the world simply needed more oil, there was no prospect of peak demand any time soon and denied half the world's scribes an opportunity to forensically question that assertion. million bpd in 2026 and then rise to 111.6

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Here Comes the Rain Again - U.S. E&Ps Dial Down Capex on Growing Concerns About Future Oil Prices

RBN Energy

One industry leader pointed out that on an inflation-adjusted basis, there have only been two quarters since 2004 when front-month oil prices have been as low as they are today (excluding 2020).

E&P
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BP Chair to step down amid Elliott campaign for changes

Oil & Gas 360º

(Oil Price) –BP chair Helge Lund has informed the board that he would be stepping down from the role most likely during 2026, as activist investor Elliott continues to demand more changes at the UK-based supermajor. Now is the right time to start the process to find my successor and enable an orderly and seamless handover.