Monday, December 2, 2024
Argentina “awakens” Vaca Muerta shale to increase oil and natural gas production- oil and gas 360- oil and gas 360

Argentina “awakens” Vaca Muerta shale to increase oil and natural gas production

World Oil (Bloomberg) — In a windswept desert southwest of Buenos Aires, black steel tubes the length of school buses extend in a line toward the horizon. The scene is the clearest sign yet that one of the world’s biggest shale plays finally has a shot at living up to its promise.   Workers in the geological formation known as

Woodside Energy to pursue oil and gas opportunities in Gulf of Mexico- oil and gas 360

Woodside Energy to pursue oil and gas opportunities in Gulf of Mexico

World Oil (Bloomberg) — Woodside Energy Group Ltd., Australia’s biggest oil and gas producer, says it will review potential acquisitions in the Gulf of Mexico after reporting its highest-ever profit.     Underlying earnings more than tripled to $5.2 billion in 2022 on soaring energy prices and output that jumped more than 70% after the purchase of BHP Group Ltd.’s

Kazakh oil starts flowing to Germany via Russian pipeline network- oil and gas 360

Kazakh oil starts flowing to Germany via Russian pipeline network

Oil Price Crude oil from Kazakhstan started flowing via the Russian pipeline network to Poland for further delivery to Germany, Russian pipeline monopoly operator Transneft said on Monday.   Kazakh crude oil began flowing to Germany via transit through Poland, Transneft’s representative Igor Demin told Russian news agency TASS. This weekend, Kazakhstan’s oil pipeline operator KazTransOil delivered 20,000 tons of Kazakhstani oil

California Resources Corporation initiates strategic realignment of business operations and corporate structure to maximize cash flow per share- oil and gas 360

California Resources Corporation initiates strategic realignment of business operations and corporate structure to maximize cash flow per share

Oil and Gas 360 Francisco J. Leon to Succeed Mark A. McFarland as President and Chief Executive Officer McFarland to Continue as a Non-Executive Director and Chair the Board of Carbon TerraVault, CRC’s Carbon Management Business, to Oversee its Continued Growth LONG BEACH, Calif.–(BUSINESS WIRE)– California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) announced today a strategic realignment of the Company’s business