Marathon Oil Corp. has started natural gas production at its Alba B3 compression platform at the Alba gas and condensate field, 32 km offshore Malabo in the Gulf of Guinea. Source: News
Marathon Oil begins gas production at Alba B3 off Equatorial Guinea
Marathon Oil Corp. has started natural gas production at its Alba B3 compression platform at the Alba gas and condensate field, 32 km offshore Malabo in the Gulf of Guinea. Source: News
Senators introduce bill to extend CCS tax credit
US Sens. Heidi Heitkamp (D-ND) and Sheldon Whitehouse (D-RI) introduced a bill to promote carbon capture technologies by extending a federal tax credit that encourages investment in carbon capture, utilization, and sequestration. Source: News
Senators introduce bill to extend CCS tax credit
US Sens. Heidi Heitkamp (D-ND) and Sheldon Whitehouse (D-RI) introduced a bill to promote carbon capture technologies by extending a federal tax credit that encourages investment in carbon capture, utilization, and sequestration. Source: News
Laredo to increase Midland basin holdings
Laredo Petroleum Inc., Tulsa, has agreed to acquire Midland basin acreage adjacent to existing holdings that it says will accommodate further development with well laterals of 10,000 ft or longer. The acquisition value is about $125 million. Source: News
Laredo to increase Midland basin holdings
Laredo Petroleum Inc., Tulsa, has agreed to acquire Midland basin acreage adjacent to existing holdings that it says will accommodate further development with well laterals of 10,000 ft or longer. The acquisition value is about $125 million. Source: News
MARKET WATCH: NYMEX crude-oil price plunges on high inventory numbers
The light, sweet crude oil price for August delivery fell by more than $2/bbl on July 13 to settle at $44.75/bbl, which was the lowest front-month closing since May 10. The price drop followed a weekly US inventory report that showed continuing high crude oil and product supply levels. Source: News
MARKET WATCH: NYMEX crude-oil price plunges on high inventory numbers
The light, sweet crude oil price for August delivery fell by more than $2/bbl on July 13 to settle at $44.75/bbl, which was the lowest front-month closing since May 10. The price drop followed a weekly US inventory report that showed continuing high crude oil and product supply levels. Source: News
Upstream independents protest PHMSA’s proposal for gathering lines
Independent oil and gas producers are asking the US Pipeline & Hazardous Materials Safety Administration to not begin regulating gathering and production lines as part of the US Department of Transportation agency’s latest proposed pipeline safety rules. PHMSA failed to comply with a congressional mandate before proposing new regulations for gathering lines, the Independent Petroleum […]
Upstream independents protest PHMSA’s proposal for gathering lines
Independent oil and gas producers are asking the US Pipeline & Hazardous Materials Safety Administration to not begin regulating gathering and production lines as part of the US Department of Transportation agency’s latest proposed pipeline safety rules. PHMSA failed to comply with a congressional mandate before proposing new regulations for gathering lines, the Independent Petroleum […]