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News True Blue Blog A PG&E-supported program is serving as a model to help young people gain financial literacy Where energy conversations come to life. Pacific Gas and Electric Company is leveraging its resources to educate California Bay Area youth in disadvantaged communities about financial literacy—one classroom at a time.
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries.
Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021.
private) (N/A – private; high gas focus) (N/A – private) ~7–9 rigs in Oklahoma (2025) (21 wells drilled in 2023) Note: MBOE/d = thousand barrels of oil equivalent per day. Indeed, industry data indicates Ovintiv added an extra rig in Oklahoma early 2025 as gas prices improved.) In Q4 2024 , Mach’s production averaged 86.7
No obstante, parte de ese ingreso podría destinarse a subsidios energéticos para evitar un “gasolinazo”, tal como ocurrió en 2022, cuando se usaron más de 370 mil millones de pesos para contener precios. Sin embargo, enfrentaría mayores costos de importación de gasolinas y diésel, lo que podría neutralizar parte del beneficio neto.
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.
La deuda de Pemex con proveedores lleg a 506 mil millones de pesos en 2024, un aumento del 37.4%, mientras su produccin de crudo y gas sigue en declive. Empresas proveedoras deteniendo actividades e incluso cerrando operaciones. El gas natural tambin cay un 8% , reducindose a 4,572 millones de pies cbicos diarios.
El PRI solicitó la comparecencia de funcionarios energéticos para revisar Gas Bienestar, señalando ineficiencia, pérdidas millonarias, escasa cobertura y competencia desleal. Gas Bienestar, creado en 2021 por el entonces presidente Andrés Manuel López Obrador, ha generado pérdidas continuas desde su inicio.
Es importante mencionar que este avance se convirti en el estndar de la industria, revelando depsitos de petrleo y gas con una precisin sin precedentes. Gran parte del xito se debe a los avances en supercomputacin que permitieron la transicin del 2D al 3D. Este sistema tambin emplear refrigeracin lquida directa al 100% y de bajo consumo.
Mxico puede convertirse en potencia exportadora de gas natural licuado (GNL) por su ubicacin estratgica, aunque enfrenta retos de seguridad y certidumbre jurdica. Es gas natural que ha sido enfriado a aproximadamente -162 C para llevarlo a estado lquido, lo que facilita su almacenamiento y transporte sin necesidad de pasar por gasoductos.
The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018.
Entre 2019 y 2022, la empresa habra recibido depsitos injustificados por ms de 12,685 millones de pesos y 512 millones de dlares , segn un dictamen pericial que indica la falta de documentacin que acredite el origen lcito de estos recursos. Recibi depsitos millonarios sin justificacin y an obtuvo contratos de Pemex, pese a vnculos polticos.
These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Advancing gas monetization Amid a surge in gas monetization, Africa has emerged as a major LNG producer. Algerias Sonatrach will increase hydrocarbon production by 2.5%
British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace. Based on current data, over 1,500 well permits issued since 2022 have not been followed by any drilling activity. The result? Who Holds the Backlog? Whats Driving the Delay?
Nevertheless, the Grayson plaintiffs sued the defendants claiming they “…violated a federal policy – the shipper-must-have-title rule – while transporting their gas and deducted the costs of that ‘unlawful’ transportation from Plaintiffs’ revenue shares.” 9/20/2022). 9/20/2022). 9/20/2022). Of Louisiana), et al.
In 2022, the three main HtA industriesâcement, steel, and chemicalsâcontributed over 8 percent of the industrial sectorâs total direct gross value added (GVA) for Iberia and provided 300,000 direct jobs. As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority.
Esta primera pieza ha sido fabricada en el astillero de Seanergies en Fene, construida por Navantia y Windar Renovables, e instalada por Seaway Ventus. La compaa espaola comenz a construir East Anglia Hub en 2022. East Anglia THREE contar con un total de 95 monopilotes que sern construidos por empresas espaolas.
The two bureaus stated their focus for fiscal year (FY) 2022 would be on the development of regulations to address the IIJA requirement; accordingly, both BOEM and BSEE have budgeted funds for FY 2023 to develop such a framework.
.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No. In fact, the No.
Both 30-day comment periods, which were originally scheduled to end on August 19, 2022, have been extended by 15 calendar days to September 2, 2022. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
The amendment (Act 163 of 2022) was signed by Governor Edwards on May 26, 2022 and will become effective on August 1 st of this year. [1] La. 3] Act 163 of 2022. [4] In addition to reducing carbon emissions, carbon capture and sequestration projects often qualify for valuable income tax credits. 30:1108(A)(1). [2]
construir un Centro de Investigacin y Desarrollo en el Parque de Investigacin e Innovacin Tecnolgica (PIIT) de Nuevo Len. Estuvimos con Bosch, Schneider Electric, ZF y Siemens. Mientras que KUKA Group, una de las principales empresas globales en automatizacin y robtica industrial, especializada en soluciones para la Industria 4.0,
Army Corps of Engineers to Driftwood LNG – a liquefied natural gas (LNG) export terminal under construction near Lake Charles. 1] The petition was filed – and the suit will proceed – in the United States Court of Appeals for the Fifth Circuit, which has jurisdiction over such matters pursuant to The Natural Gas Act (15 U.S.C.
The Bureau of Ocean Energy Management (BOEM) held its third Gulf of Mexico (GOM) Intergovernmental Renewable Energy Task Force meeting on July 27, 2022 (3 rd Meeting). The first two meetings were held on June 15, 2021 , and February 2, 2022 , respectively. According to Ms.
Oil and gas related injection wells are considered Class II wells and are regulated by the Underground Injection Control (UIC) program within the Office of Conservation, which has achieved primary enforcement authority under the applicable federal guidelines. 30:1101-1111). Approval of a storage facility is not the creation of a unit.
Con base en su Memorando de Entendimiento (MoU) de 2022, que tena como objetivo avanzar en la descarbonizacin de la cadena de suministro de gas natural, Baker Hughes y Woodside han firmado un Acuerdo de Desarrollo Tecnolgico (TDA) para desarrollar las herramientas a pequea escala.
oil and gas sector continues to navigate price volatility and capital discipline, the latest Baker Hughes rig count highlights a steady decline in drilling activity even as production forecasts remain bullish. bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2025 Gas production: Expected to increase to 104.9
Within the first six weeks of 2022, both state and federal governments have taken steps toward offshore wind energy development off the coast of Louisiana. The Plan offers strategies and actions aimed at reducing greenhouse gas emissions in Louisiana. An important next step in wind energy leasing was announced earlier this year.
Most notable are the provisions as to the disclosure of a company’s direct greenhouse gas (GHG) emissions and indirect GHG emissions. The period for public comment is open 30 days after the date of publication in the Federal Register or May 20, 2022, whichever period is longer, with the SEC aiming to finalize the rule by the end of 2022.
The Livingston Parish proposed ordinance is scheduled for a public hearing at an upcoming parish council meeting on September 8, 2022, at 6:00 p.m. [1] Liskow & Lewis successfully defended Helis Oil & Gas Company, LLC and was able to obtain a ruling striking down the St. 1] The proposed ordinance can be viewed here: L.P.
They alleged that (1) BOEM failed to adequately consider a “no action” alternative, (2) BOEM unreasonably assumed two environmental rules designed to reduce the risk of oil and gas spills would remain in effect, and (3) that BOEM unreasonably assumed that all rules would be effectively enforced. [4]
In the original Johnson decision, the district court sent shockwaves across the oil and gas industry in Louisiana by finding that post-production costs were not properly deductible against proceeds owed to unleased mineral owners. Chesapeake. BPX Operating Co.,
The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. The standoff between those two groups around fair asset pricing is set to sink M&A activity.
While 30:10 was amended during the 2022 legislative session, the amendment preserved the limited obligation of remitting the royalty and overriding royalty burdens to the nonparticipating owner for the benefit of the royalty and overriding royalty owners. Perhaps time will tell. The 2023 Regular Session begins on April 10th.
11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. Louisiana Revised Statutes 30:103.1 Kelly Land Company, L.L.C.
The so called “Anadarko Washout” involves a washout of oil and gas leases on undivided working interests owned by non-operating mineral cotenants. Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. Anadarko Petroleum Corp., 3d 73, 93 (Tex. 3d 860 (Tex. —El Paso, 2023 pet.
Governor Edwards’ Climate Initiatives Task Force, charged with making recommendations to reduce greenhouse gas emissions originating in Louisiana, recently took another step towards that goal. This document contains proposed strategies and specific actions across several priority areas to be considered in reducing greenhouse gas emissions.
Al asumir la presidencia de Onexpo Nacional, Enrique Felix Robelo reiter el compromiso de los empresarios gasolineros con la legalidad, la eficiencia operativa y el dilogo oportuno e informado con autoridades y reguladores, en la definicin de polticas para la proveedura y expendio de hidrocarburos en Mxico.
Reiteramos la solicitud para que en colaboración con instituciones financieras mexicanas y extranjeras, así como con la Banca de Desarrollo diseñemos mecanismos de financiamiento e incentivos fiscales, a fin de que la renovación de flota sea una realidad en beneficio de transportistas, pasajeros y consumidores”, añadió.
En la primera mesa de trabajo, el especialista record que, desde el 20 de abril de 2022, se reconoci que el litio es patrimonio de la nacin y su exploracin, explotacin y aprovechamiento se reserva a favor del pueblo de Mxico , es decir, a partir de esa fecha los particulares no pueden llevar a cabo su explotacin.
On February 1, 2022, the United States Court of Appeals for the Sixth Circuit affirmed the lower court’s decision in Zehentbauer Family Land, LP, et al. TotalEnergies E&P USA, Inc, et al. By using the netback method to determine those royalties, “Plaintiffs’ royalties are based on the wellhead value of the gas sold.
The advantage for minerals firms is that they have no investment in equipment or drilling costs, as do E&Ps. The challenge is that they must still do geological research on formations, and then predict where the E&P is planning to drill. Click here to listen to the Audio verison of this story!
Esta iniciativa forma parte del objetivo de Alstom de reducir sus emisiones directas e indirectas de CO en sus centros en un 40 % con respecto al ao fiscal 2021/2022. Adems de que se trata de la primera instalacin de este tipo en las instalaciones de Alstom en Amrica. toneladas por MWh.
In early 2022, BOEM announced its intention to prepare an Environmental Assessment (EA) evaluating the environmental impacts of issuing wind leases within the Call Area. BOEM issued the Draft EA in July 2022. Over the past year, the U.S. Those impacts would be considered at a later date once wind energy leases are awarded.
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