NatGas Powerhouse EQT Reaches Net Zero Feat Ahead of Schedule

EQT says it lowered Scope 1 and Scope 2 greenhouse gas emissions by more than 900,000 tons.

Trial and Error: CCS Tries Out Multiple Approaches to Get Ball Rolling

Is carbon capture and sequestration about to turn the corner? Some obstacles may stand in the way.

Oil Prices Rise as OPEC+ Considers Delaying December Output Increase

Oil prices rose more than 2% on Oct. 30 after Reuters reported that OPEC+ could delay a planned oil production increase in December by a month or more because of concern over soft oil demand and rising supply.

What's Affecting Oil Prices This Week? (Oct. 28, 2024)

With the ongoing stream of disappointing economic news about China, and the reduction in the geopolitical concerns about the Middle East (at least for the short term), Stratas Advisors expect that there will be downward pressure on oil prices.

As Permian Gas Pipelines Quickly Fill, More Buildout Likely—EDA

Natural gas volatility remains—typically with prices down, and then down further—but demand is developing rapidly for an expanded energy market, East Daley Analytics says.

Texas Gas Vital to Mexico’s Nearshoring Boom

Continued U.S. piped-gas exports to Mexico bode well for Eagle Ford and Permian producers.

Nabors Takes to Global Expansion in 3Q as Rig Count Shrinks in Lower 48

Nabors Industries saw broad growth across key international geographies in third-quarter 2024, with more rig deployments expected.

EIG’s MidOcean Completes Acquisition of Additional 15% Stake in Peru LNG

MidOcean Energy now holds a 35% stake in Peru LNG. Hunt Oil will remain the operator of the South American export facility.

South Dakota High Court Rejects Eminent Domain Power for CCUS Pipeline

The South Dakota Supreme Court justices have placed yet another roadblock in the way of Summit Carbon Solutions’ highly contested carbon capture pipeline project.

Pitts: How Venezuelan Elections Impact Texas and Louisiana

The ramifications of another questionable election in Venezuela comes as Chevron’s quest to recoup debts continues. And Washington’s likely next steps will include more of the same: sanctions.