Valor

FEBRUARY 24, 2025

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 Meanwhile, global supply concerns persist as the U.S. GW capacity. The EIA forecasts U.S.

Energy 52

Energy Energy Barrel Abandonment 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. The proposals got approved as amendments to the 1993 Deep Offshore and Inland Basin Production Sharing Contractin October. on frontier and inland basin projects.

Oil 52

Oil Royalty Exploration and Production Government 52

Marcellus Shale Coalition

FEBRUARY 26, 2025

In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new natural gas pipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. All was fine, said the Attorney General.

Pipeline 93

Pipeline Energy Energy Natural Gas 93

Marcellus Shale Coalition

FEBRUARY 26, 2025

In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new natural gas pipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. All was fine, said the Attorney General.

Pipeline 52

Pipeline Energy Energy Natural Gas 52

Valor

JUNE 2, 2025

Alaska leaders seek 90% of federal oil royalties as state revenues suffer from low oil prices, while supporting ConocoPhillips’ Willow oil project. carbon capture lags as EU surges ahead Summary : The EU now leads CCS development with a mandate requiring oil firms to create 50M tonnes/year CO2 storage by 2030, while U.S.

BCF 52

BCF Energy Energy Basin 52

Valor

MARCH 31, 2025

The Permian Basin saw the largest decline, losing three rigs and dropping to 297, the lowest level since February 2022. Geology and water say were close Summary : Some Permian Basin areas have hit geological limits, with the gas-to-oil ratio rising from 34% in 2014 to 40% in 2024, signaling production constraints.

Energy 52

Energy Energy Barrel Oil 52