Monday, March 3, 2025
Biden administration blocks activist bid to reduce oil, gas production from federal land- oil and gas 360

Biden administration blocks activist bid to reduce oil, gas production from federal land

World Oil (Bloomberg) – The Biden administration has formally rebuffed a bid by environmental activists to phase down oil and gas production on federal lands and waters, marking its latest nod to the endurance of fossil fuels in a warming world.   Laura Daniel-Davis, the Principal Deputy Assistant Secretary of Land and Mineral Management at the Interior Department, said in

INEOS publishes its global sustainability report for 2022 highlighting best in class safety performance and strong progress against climate and circular economy goals- oil and gas 360

INEOS publishes its global sustainability report for 2022 highlighting best in class safety performance and strong progress against climate and circular economy goals

Oil and Gas 360 Publisher’s Note: INEOS Energy is a participating sponsor at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com 29th June 2023 INEOS reinforces its commitment to net-zero emissions by 2050 and progresses roadmaps in each business to reduce operational

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

U.S. rig count had a decrease of 8 this week, at 674

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 8 over last week, resulting in a total count of 674 rigs. Canada had a decrease of 2 over last week, resulting in a total Canadian count of 167 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Eagle

OPEC oil output posts small drop in June ahead of Saudi cut - Reuters survey- oil and gas 360

OPEC oil output posts small drop in June ahead of Saudi cut – Reuters survey

Nasdaq LONDON – OPEC oil output has fallen only slightly in June as increases in Iraq and Nigeria limited the impact of cutbacks by others, despite a wider OPEC+ deal and voluntary cuts by several members to support the market, a Reuters survey found on Friday. The Organization of the Petroleum Exporting Countries has pumped 28.18 million barrels per day

Oil heads for fourth straight quarterly decline- oil and gas 360

Oil heads for fourth straight quarterly decline

CNBC Oil prices rose above $75 a barrel on Friday but were on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand. Benchmark Brent crude futures for September delivery were up 82 cents, or 1.1%, at $75.33 a barrel by 1310 GMT. The less-traded front-month contract , which expires on Friday, was