Thursday, January 23, 2025
Biden's leasing ban on public lands challenged by Western Energy Alliance in federal court- oil and gas 360

Biden’s leasing ban on public lands challenged by Western Energy Alliance in federal court

Western Energy Alliance Publisher’s Note: The Western Energy Alliance oil industry group on Wednesday filed a lawsuit challenging U.S. President Joe Biden’s executive order temporarily suspending oil and gas leasing on federal lands.       Suit argues the Executive Order conflicts with existing laws Biden’s ban would result in $33.5 billion in lost GDP in his first term President’s

Marathon Oil announces executive compensation changes and GHG emissions intensity reduction initiatives- oil and gas 360

Marathon Oil announces executive compensation changes and GHG emissions intensity reduction initiatives

Oil and Gas 360 HOUSTON , Jan. 27, 2021 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) today announced an update regarding its environmental, social, and governance (ESG) performance, including significant changes to its executive compensation framework as well as new quantitative greenhouse gas (GHG) emissions reduction initiatives. The Company believes continuously improving all elements of its ESG performance is essential to successfully executing its

Murphy Oil Corporation announces fourth quarter and full year 2020 results, provides 2021 capital expenditure and production guidance

Oil and Gas 360 Sanctioned Low Cost Tupper Montney Natural Gas Development Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per diluted share. Adjusted net loss, which excludes discontinued operations and other one-off items,