Thursday, November 21, 2024
Railroad commissioner opposes anti-oil, gas indoctrination of Texas students- oil and gas 360

Railroad commissioner opposes anti-oil, gas indoctrination of Texas students

World Oil AUSTIN – The Texas State Board of Education (SBOE) issued its Proclamation 2024 which will determine the types of textbooks and materials for Texas students in the 2024-2025 school year. As a part of the public comment, Railroad Commissioner Wayne Christian sent a letter to the SBOE with concerns that the materials would adopt a radical environmentalist agenda

A less hawkish fed could jumpstart the oil price rally- oil and gas 360

A less hawkish fed could jumpstart the oil price rally

Oil Price In recent times, fears of a spillover in the conflict between Israel and Hamas, which could embroil Iran and its allies in the region, have offered considerable support to oil prices. Unfortunately for the bulls, the oil price momentum has fizzled out with the war risk premium that helped fuel an oil price rally in the early days

Venezuela In Talks With Oilfield Services Firms To Revive Oil Production- oil and gas 360

Venezuela in talks with oilfield services firms to revive oil production

Oil Price After the sanctions relief from the U.S. last month, Venezuela is in contact with domestic and international oilfield services providers to help it ramp up crude oil production, Reuters reported on Monday, citing sources close to the negotiations. Venezuela’s state-controlled oil firm PDVSA is discussing hiring equipment and services from oilfield services suppliers now that the United States has lifted sanctions on Venezuela’s

U.S. investors rebuff big oil climate shareholder resolutions- oil and gas 360

U.S. investors rebuff big oil climate shareholder resolutions

US News LONDON – Big U.S. investors at the top five western oil firms’ shareholder meetings this year rebuffed an activist group’s resolutions to align their emission targets with the Paris climate pact, in contrast to some European peers, voting data showed. Netherlands-based activist group Follow This was created first to target Shell and subsequently expanded to file climate resolutions

How the U.S. is pumping more oil with fewer rigs- oil and gas 360

How the U.S. is pumping more oil with fewer rigs

Oil Price Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in August 2023, boosted by productivity gains and more efficient operations. U.S. exploration and production companies are drilling longer laterals and deploying rigs to the most promising areas to get more bang for their buck. U.S. field production of crude oil reached

Oil up as Saudi Arabia and Russia stick to supply cuts- oil and gas 360

Oil up as Saudi Arabia and Russia stick to supply cuts

Yahoo Finance (Bloomberg) — Oil gained after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through the end of the year. West Texas Intermediate crude increased more than 2% to trade above $82 a barrel. The announcement by the OPEC+ heavyweights on Sunday came after concerns about weaker global