Monday, January 6, 2025
U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 1 this week, at 438

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had a decrease of  1 over last week, resulting in a total count of 438 rigs. Canada had a decrease of 1 over last week, resulting in a total Canadian count of 55 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions experienced

Oil holds near $67, heads for weekly gain on demand hopes- oil and gas 360

Oil holds near $67, heads for weekly gain on demand hopes

Reuters Oil held near $67 a barrel on Friday and was heading for a weekly gain as a stronger demand outlook and signs of economic recovery in China and the United States offset rising COVID-19 infections in some other major economies. China’s first-quarter gross domestic product jumped 18.3% year on year, official data showed on Friday. read more On Thursday figures showed

EXCLUSIVE Nigeria refines energy reform bill to attract more Big Oil cash- oil and gas 360

EXCLUSIVE Nigeria refines energy reform bill to attract more Big Oil cash

Reuters Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, showed. The proposed changes signal a shift by Africa’s largest oil producer and show the impact of an increasingly competitive

Clean crude? Oil firms use offsets to claim green barrels- oil and gas 360

Clean crude? Oil firms use offsets to claim green barrels

Reuters In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral. While the two-million-barrel cargo to India was destined to produce more than a million tons of planet-warming carbon over its lifecycle, from well to tailpipe, the Texas-based driller said it had completely

BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition- oil and gas 360

BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition

Oil and Gas 360 A recent whitepaper authored by Charles McConnell with the Center for Carbon Management in Energy at the University of Houston, in collaboration with the Gutierrez Energy Management Institute, focused on the new technologies required for an energy transition, none more critical than the broad commercial deployment of carbon capture, utilization and storage, or CCUS. The ability