This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Back in 2012, Argentina seized 51% of YPF from its owner, Spanish Repsol. 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.
Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. Consequently, the flaring intensity was more than three times the global average.
(Investing) – Fears over possible supply constraints from the Israel-Iran conflict have driven oil prices higher in recent days, although past disruptions do not suggest that crude will stay elevated for a long time, according to analysts at Citigroup (NYSE: C ). per barrel. per barrel. markets closed.
billion court judgment against the country over its 2012 nationalization of the firm. 4 for shale oil, into a key global energy-producing region that would help bring in foreign currency needed to prop up the economy. Vaca Muerta has hit production of over 400,000 barrels per day of oil and some 70 million cubic meters of gas per day.
role in Iran-Israel fight fuels market jitters Published Sun, Jun 22 2025 10:35 PM EDT Updated 2 Hours Ago Lee Ying Shan @in/ying-shan-lee @LeeYingshan WATCH LIVE Key Points Oil markets are entering a new phase of uncertainty after the U.S. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S.
(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. billion) in 2012 to boost its shale-gas assets and gas supplies. billion ($3.8
Image by MarianVejcik via iStock While we should always be prepared for surprises in any market, especially oil, $100 crude appears increasingly unlikely this year. Crystol Energy was founded in 2012 by Nakhle, the company’s site highlights. At the time of writing, none of the above have responded to Rigzone.
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. Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint.”
EnerMech noted Dana Petroleum has operated the Triton FPSO since 2012, playing a key role in the region’s energy landscape since oil production began in 2000. MORE FROM THIS AUTHOR Paul Anderson Writer OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! There’s a reason 700K+ energy professionals have subscribed.
Four distinct chronological scenarios were established on January 1 of 2012, 2015, 2018, and 2021, creating experimental frameworks with progressively increasing data availability.
Dana Petroleum has operated the Triton FPSO since 2012, playing a key role in the region’s energy landscape since oil production began in 2000. Please sign in or register for free.
The University of Mannheim has also been sourcing all of its electricity from renewable energies since 2012, Uniper said. MORE FROM THIS AUTHOR Paul Anderson Writer OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! There’s a reason 700K+ energy professionals have subscribed. 700K Industry Pros can’t be wrong.
A spike in oil prices caused by a closure could also draw backlash from China, said Washington Ivy Advisors' Ellen Wald. The Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea, sees roughly 20 million barrels per day of oil and oil products pass through, accounting for nearly one-fifth of global oil shipments.
Natural Gas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum by Paul Anderson | Rigzone Staff | Tuesday, June 10, 2025 | 2:28 AM EST The contract involves maintenance and upgrades to sustain production levels across offshore assets in the South China Sea.
According to Iranian state media, the country's parliament has also approved closing the Strait of Hormuz, a pivotal waterway for global oil trade, with about 20 million barrels of oil and oil products traversing through it each day. Boockvar is not of the view that Iran will carry out the disruption of global oil supplies.
(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. Calgary, Canada – September 21, 2012: BP’s Canadian head office in Calgary Alberta. Mohammed Shia’ Al Sudani, H.E.
United States Dep’t of the Interior Bureau of Safety and Environmental Enforcement, GUIDANCE TO OWNERS AND OPERATORS OF OFFSHORE FACILITIES SEAWARD OF THE COAST LINE CONCERNING REGIONAL OIL SPILL RESPONSE PLANS, NTL No. 2012-N06 (2012), [hereinafter NTL 2012-N06]. NTL 2012 N-06, 3. NTL 2012 N-06, 5.
The success of the company has been amazing to watch over the years, from a 3,000 BOE/d producer with a $500 MM valuation in 2012 to a company that just produced 850,700 BOE/d in Q1 with an enterprise value of $USD 52 Billion. Diamondback’s Letter to Stockholders is always a fascinating read. As the largest [Read more]
Wiegand On August 16, 2012, EPA issued new source performance standards (NSPSs) for the oil and gas sector. The standards applied to various sources including storage tanks used in crude oil and natural gas production. By Stephen W. On April 12, 2013, EPA announced proposed amendments to the rule pertaining to storage tanks.
The bill, HB 590 , extends a prior substantive change in the law that was affected by the 2012 amendments to La. As was the case in 2012, this proposed amendment would also extend this direct payment requirement to any overriding royalty interests burdening the nonparticipating owner’s lease.
Seaside Heights and other towns on and beyond the Jersey Shore were devastated by Superstorm Sandy in 2012. The lawsuit, filed in New Jersey Superior Court in Mercer County, targets ExxonMobil Corporation, Shell Oil Company, Chevron Corporation, BP, ConocoPhillips, and the American Petroleum Institute (API).
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.
All-in on oil The political fortunes of Venezuela’s presidents have historically depended on the oil market. In 2012, the year before he passed away in office, he saw the. Hugo Chávez, whose presidency lasted from 1999 to 2013, rode the commodities boom. Under his presidency, Venezuela’s GDP quadrupled.
The Institute of Statistical Social and Economic Research (ISSER) warns that the government’s ‘Gold for Oil’ policy, designed to tackle the foreign exchange demands of oil importers, is susceptible to Illicit Financial Flows (IFF). trillion lost to money laundering. trillion lost to money laundering.
Moreno On August 16, 2012, EPA published a new rule that revises the NESHAP Subpart HH standards for the oil and gas industry. The Final Rule wassigned on April 17, 2012, but publication in the Federal Register did not occur until August 16, 2012, making the rule effective on October 15, 2012. Holden and Carlos J.
According to a statement from the company, the funds will provide additional working capital, supporting Petrel's efforts to secure new oil and gas projects in Iraq and beyond. Petrel has recently submitted an application to assume an existing contract east of Baghdad 4 th Bid round award in 2012, at a remuneration per barrel of $5.38.
In a separate agreement , WesternZagros secured rights to the Topkhana block , which, combined with their existing Kurdamir block , reportedly holds a resource potential of up to 5 trillion standard cubic feet of natural gas and 900 million barrels of crude oil. The agreements quickly drew condemnation from Baghdad.
Moreno On October 1st, 2012, the Environmental Protection Agency (“EPA”) released the final NPDES general permit for discharges from oil and gas facilities in the western and central portion of the Outer Continental Shelf of the Gulf of Mexico (the “final permit”). By Robert E. Holden and Carlos J.
Moreno On March 7, 2012, the Environmental Protection Agency (“EPA”) published in the Federal Register a proposed NPDES general permit for discharges from oil and gas facilities in the western and central portion of the Outer Continental Shelf of the Gulf of Mexico (the “proposed permit”). 7, 2012), available at [link].
Holden EPA’s most recent NPDES regulations for stormwater permitting of oil and gas facilities were vacated by the Ninth Circuit in 2008 and new regulations have not been promulgated. The 1987 amendments to the Clean Water Act (“CWA”) added language creating a permitting exemption for uncontaminated runoff from Oil and Gas operations.
Several factors weigh against such a move: Iran itself relies on the Strait of Hormuz for its oil exports, and key Iranian allies, like China and India (the world's second and third-largest crude oil consumers, respectively), also depend on the Strait for their oil imports.
In August 2012, BSEE promulgated a new final rule entitled “Oil and Gas and Sulphur Operations on the Outer Continental Shelf–Increased Safety Measures for Energy Development on the Outer Continental Shelf,” to tighten safety measures on the OCS. Initially, BOEMRE implemented the recommendations through an interim final rule.
Environmental Protection Agency (EPA), seeking to compel EPA to “fulfill long-delayed nondiscretionary duties” under the Resource Conservation and Recovery Act (RCRA) by issuing revised regulations governing oil and gas wastes. The oil and gas industry will need to monitor this suit. McCarthy , Case No. See Appalachian Voices v.
This will be the first sale in the newly configured Central Gulf of Mexico Planning Area, and is the first Central GOM sale to be held in MMS’ 2007 – 2012 Outer Continental Shelf Oil and Gas Leasing Program. Hunter MMS has issued a proposed notice scheduling Central Gulf of Mexico Lease Sale 205 for October 3, 2007.
In addition to the oil and natural gas sector, EPA is also proposing to collect emissions data from industries that emit fluorinated gases and from facilities that inject and store carbon dioxide underground for the purpose of geological sequestration or enhanced oil and natural gas recovery. and April 20, 2010 in Washington, D.C.
Hirings, promotions, and other personnel matters in the nation’s biggest oil patchor in companies who do business here. Stice, who has led Diamondback as Chief Executive Officer sinceJanuary 2012, will step down as CEO effective as of the Companys 2025 Annual Meeting of Stockholders. 20 thatTravis D. announced Feb.
Recordemos que Powell Creek es el segundo proyecto de Avangrid en Ohio, tras el parque eólico Blue Creek de 304 MW , construido en 2012. En ese contexto, ahora Iberdrola cuenta ahora con más de 500 MW de capacidad instalada en Ohio , lo que puede generar electricidad para más de 100 mil hogares estadounidenses al año.
On March 24, 2017, the Louisiana Supreme Court declined to consider the Louisiana Third Circuit Court of Appeal’s decision in XXI Oil & Gas v. 2] For now at least, the Court’s decision to deny writs in XXI Oil & Gas effectively leaves unit operators subject to increased reporting obligations under La.
10-20599, 2012 U.S. 1, 2012) The Fifth Circuit recently vacated a judgment in the U.S. 10-20599, 2012 U.S. The parties’ dispute involved uncompleted exhibits to three Purchase and Sales Agreements (“PSAs”) entered into for the sale/purchase of certain oil and gas leases. By Joanna Nelson : Preston Exploration Co.,
By Stephen Wiegand On April 17, 2012, the United States Environmental Protection Agency (EPA) finalized New Source Performance Standards (NSPS) and National Emission Standards for Hazardous Air Pollutants (NESHAP) for natural gas wells that are hydraulically fractured.
Lets break down what Kimmeridge says about each key basin and their evolving roles in the future of North American oil and gas. Light Oil & Condensate: Production is rich in high-value hydrocarbons. Gassier Rock: More natural gas than oil, affecting economics in a weak gas price environment.
Hasta 2012 se vendan 3,6 millones de coches. La cifra fue de 1,6 millones, menos de la mitad de los que se vendieron entre 2010 y 2012. Cuando volv a la presidencia en 2023, saben cuntos automviles se vendieron en este pas? Cuntos concesionarios cerraron?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content