Sunday, December 22, 2024
Continental Resources pushes for regulatory action at North Dakota hearing- oil and gas 360

Continental Resources pushes for regulatory action at North Dakota hearing

Reuters Continental Resources, one of the largest U.S. shale oil producers, on Wednesday urged North Dakota energy regulators to intervene to help stabilize the state’s oil market through steps such as limiting output or restricting flaring of unwanted natural gas. Continental, the state’s largest producer, argued at a hearing that operators are hurting even though state production is down more

Trump administration abruptly postpones New Mexico oil and gas auction- oil and gas 360

Trump administration abruptly postpones New Mexico oil and gas auction

Reuters The Trump administration abruptly postponed an auction of oil and gas leases in New Mexico that had been scheduled to begin on Wednesday morning, according to a government website about the sale. No further information about the delay was provided. The Bureau of Land Management (BLM), which oversees such sales, was not immediately available for comment. WildEarth Guardians and

Citigroup launches new ESG investment banking group -oilandgas360

Citigroup launches new ESG investment banking group

Reuters Oil & Gas 360 Publisher’s Note: The oil industry is strapped for cash. If an oil company does not have a well communicated, and documented, ESG plan in place, gaining access to capital will be increasingly more difficult. NEW YORK (Reuters) – Citigroup Inc (C.N) said on Tuesday that is launching a new business unit within its corporate and

Google plans to stop making A.I. tools for oil and gas firms- oil and gas 360

Google plans to stop making A.I. tools for oil and gas firms

CNBC Google has pledged to stop building customized artificial intelligence (AI) tools that help oil and gas firms to extract fossil fuels worldwide. The pledge came after a Greenpeace report on Tuesday highlighted how Google, Microsoft, and Amazon use AI and warehouse servers to help the likes of Shell, BP, and ExxonMobil to locate and retrieve oil and gas deposits from the earth. A Google spokesperson confirmed to CNBC