November 3, 2023

Bayswater deploys innovative nitrogen technology in DJ Basin to eliminate consistent source of methane emissions

November 3, 2023

Oil and Gas 360 DENVER, Nov. 2, 2023 /PRNewswire/ — Bayswater Exploration & Production (Bayswater) is proud to be the first operator in the Denver–Julesburg (DJ) Basin to deploy a new innovative technology from Kathairos Solutions that utilizes nitrogen to eliminate a consistent source of methane emissions on traditional production sites. Over the past several years, Bayswater has prioritized reducing, eliminating or offsetting our

Energy giants’ LNG trading results reveal diverging regional bets

November 3, 2023

Nasdaq LONDON – Energy giants offered a rare glimpse into their liquefied natural gas (LNG) trading strategies in recent days, with Shell’s and TotalEnergies’ bets on rising Asian demand paying off while BP’s bet on a European deficit turned sour. The contrasting outcomes highlight the risky nature of trading divisions, at times notching up spectacular profits as traders quickly exploit

Chevron to promote Venezuelan oil chief to run Latin American operations following sanctions relief

November 3, 2023

World Oil (Bloomberg) – Chevron Corp. will promote Javier La Rosa to run its operations in Latin America as it builds its presence in the region. La Rosa, who joined the oil giant in 2000, will be based in Buenos Aires and replace Eric Dunning, who is set to retire after a 40-plus year career at the company, Chevron said. The

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

U.S. rig count had an increase of 2 this week, at 618

November 3, 2023

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 618 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 196 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Barnett, the

Oil worker wages hit U.S record amidst slowing shale activity

November 3, 2023

World Oil (Bloomberg) –Wages for U.S. oil workers climbed for a third straight month, setting a fresh record as paychecks prove resilient amid slowing shale activity. Average hourly earnings for front-line oil-and-gas workers rose 0.9% in September from the previous month to $43.63, according to a Labor Department report released Friday. Compared with a year ago, oil pay is up 5.7%.

Oil heads for weekly loss as geopolitical risk premium wanes

November 3, 2023

CNBC Oil rose on Friday, as the U.S. jobs market slowed more than expected last month, bolstering expectations of a pause in interest rate hikes in the world’s biggest consumer, but they remained on track for a weekly loss as supply concerns driven by Middle East tensions eased. Brent crude futures were up 81 cents, or 0.9%, to $87.66 a

Bayswater deploys innovative nitrogen technology in DJ Basin to eliminate consistent source of methane emissions

Energy giants’ LNG trading results reveal diverging regional bets

Chevron to promote Venezuelan oil chief to run Latin American operations following sanctions relief

U.S. rig count had an increase of 2 this week, at 618

Oil worker wages hit U.S record amidst slowing shale activity

Oil heads for weekly loss as geopolitical risk premium wanes

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