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AGA Newsroom True Blue Blog Where energy conversations come to life. Unfortunately, in approximately a third of the cases of excavation damage in recent years, no such call was made. Hydrogen is a promising avenue for lowering emissions and an excellent potential tool for energy storage. Our industry is innovative.
India and Pakistan are weighing their options in case the Israel-Iran conflict disrupts oil supplies through key chokepoints. Indian refiners are considering supplies from West African producers and other alternative energy sources as the world’s second-largest importer of crude grows wary of the unfolding situation.
For Chevron, this favorable ruling helps the major avoid other time-consuming (and likely costly) approaches for inorganic growth,” said Atul Raina, vice president at Rystad Energy. (BOE Report) – ExxonMobil has lost its arbitration challenge to block Chevron’s $55 billion Hess acquisition deal, but the top U.S.
billion merger with Rice Energy (see EQT Agrees to Pay $167.5M In June, EQT Corp. agreed to pay $167.5 million to investors who claimed the company overstated the benefits of its $6.7 to Settle Class Action re Rice Merger). It is, according to the plaintiffs, the largest-ever stockholder suit deal lodged in Western Pennsylvania federal.
With the increasing demand for electric power and the integration of renewable energy into the U.S. What is a planning case? A planning case is a forward-looking model used by grid operators and planners to simulate future grid conditions under various scenarios. Why is ATC important for power project and large load developers?
(Oil Price) – Power utilities in the United States have applied for permission to raise electricity prices, with a demand surge from AI data centers suggested as the reason, the Financial Times reported today, citing data from PowerLines, an energy affordability advocacy. In the first half of this year, U.S. can be leader in AI.
Tokyo Gas, the biggest city gas supplier in Japan, doesn’t import LNG from Middle Eastern exporters so its supply of the super-chilled fuel is not being directly impacted by the Israel-Iran conflict, a top executive said on Wednesday. Japan is the world’s second-biggest LNG importer after China.
AGA Newsroom True Blue Blog Where energy conversations come to life. Between severe weather and growing demand, there is no shortage of challenges facing America’s energy system. Let’s take a look at the Northeast region during extreme winter storms as a case study. What does this mean?
Chevron wins Exxon case but loses time, oil and billions Summary : On July 18, Chevron won its arbitration case against Exxon Mobil, allowing its $55 billion acquisition of Hess and its 30% stake in Guyana’s 11-billion-barrel Stabroek block to finally close. Stay tuned for weekly updates to keep you well-informed.
(BOE Report) – The Mexican association that groups major global oil services companies warned that it is going through an “unprecedented crisis” due to the lack of payments from the state-owned oil company Pemex, the world’s most indebted energy company.
Since the start of hostilities on June 13, the Oilholic has always maintained that if there was a swift end to the conflict - as has been the case - price will fall rapidly again. To follow The Oilholic on Energy Connects click here. And OPEC+ led by the Saudis and Russians is also pumping more in a fight for market share.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. million fundraise comprising a £9.8 million Placing and £0.7 million fundraise comprising a £9.8 million Placing and £0.7
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. 4 for shale oil, into a key global energy-producing region that would help bring in foreign currency needed to prop up the economy. .
Forecasting energy demand and supply in this region is no small feat. From extreme weather events like Winter Storm Uri to the rapid growth of renewable energy sources, ERCOT’s grid faces unique challenges that make accurate forecasting critical, yet difficult. Why This Matters Accuracy is everything in energy forecasting.
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution.
(Investing) – Israel’s attack on Iran is unlikely to cause a major disruption to oil supply, analysts at two major banks said, but a worst-case scenario involving blockades in the Strait of Hormuz could push prices above $100 per barrel, Goldman Sachs said. per barrel. per barrel. [O/R]
Publisher’s Note: Oklo will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. By leveraging heat from Oklo’s onsite power plant to drive Vertiv’s cooling systems, the collaboration will significantly enhance data center energy efficiency.
At Enverus, we empower energy innovators with intelligent software that transforms complexity into clarity and decisions into results. Identify POIs with superior capacity, streamline siting workflows and increase confidence in project profitability with historical analysis and forward-looking planning case views. 44% of all U.S.
In what was described as “a significant decision for Texas property and energy law,” Texas Supreme Court affirmed a lower court ruling that produced water belongs to the mineral estate unless expressly conveyed to the surface estate owner. The opinion in Cactus Water Services v.
Consumption: Analyzing and explaining energy usage patterns from smart meter data — often needing interaction with a MDMS. They must understand complex rate structures, interpret energy consumption data, explain billing calculations, and navigate intricate policies and procedures.
(Oil & Gas 360) – Publisher’s Note: Oklo will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. HALEU enables more compact and efficient reactor designs and the US Department of Energy (DOE) projects a need for up to 40 metric tons annually by the early 2030s.
MONTREAL – As Canada looks to fast-track major projects that could reduce its dependence on the United States, a new subsidiary of a Norwegian energy company says it wants to build a liquefied natural gas export facility in Quebec. Marinvest Energy Canada says there is a strong business case for an LNG project in Quebec [Read more]
(Investing) – BRUSSELS -European Union diplomats said they expect to reach a deal during an EU summit this week on an 18th package of sanctions against Russia, which Slovakia and Hungary are using as a bargaining chip for concessions on Russian energy. “We remain optimistic.” If Slovakia lets it go, so will Hungary.”
Protecting our energy resources is essential to the Permian Basin and the state as a whole,” declared Sparks, who announced industry crime as one of his legislative priorities and filed three packaged bills. 494 was signed by the governor and will go into effect Sept.
“Remarkably, the original well casings are still in place, showcasing the workmanship and quality of materials used by our engineers in the 1940s,” it went on to state. We’d love to hear from you, join the conversation on the Rigzone Energy Network. There’s a reason 700K+ energy professionals have subscribed.
The M&A market was a hot topic at this year’s EVOLVE Conference, where we heard from industry experts discussing “ The Next Act for Energy M&A. However, this surge was largely driven by a single player: Diamondback Energy. This concentration underscores a broader trend.
Calgary, Alberta (July 23, 2025) — Enverus Intelligence Research (EIR), a subsidiary of Enverus , the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 2Q2025 upstream M&A activity and outlook for the rest of the year. EQT is one example, buying Olympus Energy for $1.8
Two segments, energy and manufacturing, account for much of the rising demand as companies scramble to build everything from liquefied-natural-gas facilities and pharmaceutical plants to data centers and chip fabs. The goal is to confirm early-stage project readiness, technical design validity, and business-case credibility.
In case you somehow forgot, the 2021 Valentines Day storm coined “Snovid,” “Snowmageddon,” or officially labeled Winter Storm Uri, blanketed Texas in snow and ice, even bringing snowfall to Galveston Beach. Luminant Energy Co. ” PUC of Tex. LLC , 691 S.W.3d 3d 448, 455 (Tex.
For engineers and project managers across the Texas energy landscape, the core challenge remains the same: how to maximize the recovery of valuable products, meet stringent quality specifications, and maintain cost-effectiveness. It is a masterpiece of thermal efficiency, designed to maximize cooling with minimal energy input.
Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. â European Commission, January 2023.
1 âEmissions from electric vehicles,â US Department of Energy, accessed May 16, 2025. While AI data centers require significant energy , McKinsey estimates that cloud-powered technologies  can accelerate 47 percent of the initiatives required to achieve the global 1.5° pathway by 2050 under the Paris Agreement.
1] This decision held that agencies are afforded substantial deference in National Environmental Policy Act (“NEPA”) cases and limited the scope of judicial review—which could mean less regulatory burdens for project approval where NEPA is involved. Eagle County, Colorado et al. [1] Eagle County, Colorado et al. [1]
This has caused regulating agencies to cut back on permitted disposal volumes in Seismic Response Areas (SRA) and in some cases to shut down permitted disposal entirely. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. However, it is becoming a problem in some onshore fields.
In energy and process applications, this translates to average losses of up to US$42mn per facility per year. The Type 93AX also supports sustainability goals by reducing emissions and energy consumption. In standard operation, it provides non-contacting operation for positive oil ingress mitigation.
On June 5, 2025, the Government of British Columbia (BC) approved construction for a new liquified natural gas (LNG) pipeline expected to run from northeastern BC to the northwest coast near Prince Rupert, intending to supply natural gas to a floating LNG export terminal.
Actually, it was in late 2024 that the wireline sector witnessed a big move, when Axis Energy Services merged with Brigade Energy Services to create what the combined company—Dallas-based Axis Energy Services LLC —described as the largest well servicing company in America. Click here to listen to the Audio verison of this story!
The Iraqi Drilling Company (IDC) is making steady progress on its project to drill 15 oil wells in the North Rumaila field , working in coordination with Halliburton and Basra Energy Company Limited (BECL). Preparations are under way to install 9 casing. By John Lee.
The independent study , produced for OEUK by energy experts Westwood Global Energy Group, finds that up to 7.5 Official statistics show that the UK’s total energy production hit a record low in 2024, importing over 40 percent of its total energy needs from overseas.
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Sources are cited in brackets.
Pennsylvanians deserve a full and honest conversation about our energy future – one grounded in facts, not ideology. Pennsylvania produced natural gas has and continues to deliver real environmental progress, energy security and economic prosperity. If the Commonwealth’s largest newspapers won’t publish our perspective, we will.
One area of contention is the extent of the Court’s authority when a case touches on out-of-state real property interests. When a lawsuit is filed against you in a state you believe has no authority to hear the case, a plea to the jurisdiction is one way to challenge the court’s jurisdiction. Franklin Mt.
“Our projected Q1 stock build looks no larger than normal and inventories are in any case starting from very low levels,” they said. We’d love to hear from you, join the conversation on the Rigzone Energy Network. MORE FROM THIS AUTHOR Andreas Exarheas Editor | Rigzone OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
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