article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

Around 389mn tonnes of CO₂ equivalent – 46mn of that from unburnt methane, one of the most potent greenhouse gases – was needlessly emitted, wasting about US$63bn in lost energy and setting back efforts to reduce emissions and boost energy security and access. In Iraq, flaring intensity remained largely unchanged.

BCM
article thumbnail

MidOcean emerges as lead bidder for Petronas’ Canada assets, sources say

Oil & Gas 360º

(World Oil) – MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, has emerged as the frontrunner to buy a minority stake in Petronas’ Canadian business, people familiar with the matter said. The Malaysian energy giant acquired Progress for about C$5.2 billion ($3.8

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

YPF turnover ruling in US casts shadow on Argentina’s shale, FX plans

Oil & Gas 360º

court ordering Argentina to hand over the 51% stake it holds in state energy firm YPF has cast a shadow over the country’s plans for its huge Vaca Muerta shale formation and hopes to return to global markets. billion court judgment against the country over its 2012 nationalization of the firm. 2 shale gas reserve and No.

article thumbnail

U.S. Judge Orders Argentina to Give Up Control of State Oil Firm

OilPrice

judge has ordered Argentina’s government to transfer its 51% stake in energy major YPF to two former minority shareholders who sued after the nationalization of the company. Back in 2012, Argentina seized 51% of YPF from its owner, Spanish Repsol.

article thumbnail

Pa.’s First-in-Nation Gas Impact Tax Pumps Millions into Local Communities

Marcellus Shale Coalition

The $165 million generated by Pennsylvania’s natural gas impact tax in 2024 demonstrates yet another way the state’s energy abundance is a win for residents and the Commonwealth. This industry continues to invest in projects that improve quality of life across the Commonwealth. Senator Camera Bartolotta: Impact Fee Tax Brings $23.7

Gas
article thumbnail

Annual Pa. Natural Gas Impact Tax Revenues Top $164 Million

Marcellus Shale Coalition

Since its creation in 2012 under Act 13, the impact fee has provided a consistent stream of funding to all 67 Pennsylvania counties – even regions without industry activity. Beyond these core advantages, this industry continues to invest in projects that improve quality of life across the Commonwealth.

article thumbnail

Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

Amenazas iraníes de 2011-2012: En medio de tensiones por el programa nuclear de Irán, hacia finales de 2011 y comienzos de 2012 Teherán amenazó explícitamente con cerrar el Estrecho de Hormuz si se endurecían las sanciones internacionales. Energy Information Administration (2025). Today in Energy, 16 de junio de 2025.

E&A