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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. “Methane emissions management is being increasingly normalized as part of field operations. To put the numbers into perspective, the 28.8

E&P
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bp, Shell sign deals for Libya exploration and redevelopment

Oil & Gas 360º

Ever since the civil war, which led to a slump in Libya’s production by about 18-fold to around 100,000 bpd in 2011, output has been volatile. Libya is currently running its first tender for energy exploration contracts since the 2011 civil war. The North African nation has pumped about 1.2 million to 1.3

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Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. On a national scale, shale oil accounts for 60% of total output, while tight and shale gas combined make up 65% of Argentina ’ s gas production.

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Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

Oil & Gas 360º

Mark Teshoian, Co-Managing Partner of Kayne’s Energy Private Equity practice, stated, “We are excited to partner with Tom and the Mach team on this transformative transaction. With our outstanding local team and the strength of Mach’s management team, we believe we can unlock even greater value in the basin.

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Annual Pa. Natural Gas Impact Tax Revenues Top $164 Million

Marcellus Shale Coalition

communities to date; Consumer savings top $10 billion in 2024 PITTSBURGH, PA – June 23, 2025 – Pennsylvania’s natural gas impact fee, the state’s tax on natural gas development, generated $164.5 Natural gas development remains a key economic driver in Pennsylvania. Emergency Management Agency and Pa.

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Amplify Energy Announces Strategic Update and CEO Transition

Oil & Gas 360º

Strategic Initiatives Amplify is committed to simplifying its portfolio, focusing capital and management resources on the most attractive investment opportunities, and creating value for shareholders. We are currently drilling the C-08 well off of the Eureka platform and we expect to start production in August.

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US DOI Proposes Easing Regulations on Onshore Commingled Production

Rigzone

“These technologies meet the precision standards required by the Bureau of Land Management and ensure that all mineral owners receive their fair share” It estimates up to $1.8 billion in industry savings annually under the updated regulations.