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Chevron wins Exxon case but loses time, oil and billions

Oil & Gas 360º

He abandoned his takeover bid for Anadarko Petroleum in 2019 after being outmanoeuvred by Occidental Petroleum’s higher offer.

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Count It a Successful Session

Permian Basin Oil and Gas Magazine

Last year, the Permian Basin Petroleum Association created a set of recommended practices to combat oilfield crime, incorporating physical, cyber, and operational security measures. Senate Bill 494 aims to combat the theft of petroleum products in Texas by creating a dedicated task force within the Railroad Commission of Texas.

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Valor | Energy Connection – Feb. 24, 2025

Valor

and Russia prepare for peace talks on Ukraine, with potential impacts on oil sanctions and seaborne shipments. 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

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Legislative Update: New Mexico Legislature Adjourns; Texas Set to Pick Up the Pace

Permian Basin Oil and Gas Magazine

House Bill 137 , tracked by the Permian Basin Petroleum Association (PBPA) as detailed below, establishes the Strategic Water Supply Program. percent severance tax on crude oil, effectively increasing the rate by nearly 27 percent, Robertson detailed. 548reducing the crude oil severance tax rate to 3.43

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Does the Market Need OPEC/OPEC+?

Energy Outlook Advisors

The Objective of Market Management: Historical Evidence It was the discovery of a process to extract Kerosene from crude oil that made oil commercially valuable in 1859. It replaced whale oil that was widely used for illumination; an action that almost led to whale extinction.

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Evolving Geopolitical Landscape Pushes Oil and Gas Prices Up

Crude Oil Futures

While a steady growth in demand is a potential factor, speculation also suggests that major consumers capitalized on previously record-low prices to engage in significant purchasing activity; notably, reports indicate that China, the world's foremost crude oil importer, has augmented its import volumes. www.oilfutures.co.uk

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