(Oil & Gas 360) – A talent deficit may be the biggest drag on the momentum behind a global nuclear resurgence as the technology is increasingly recognized as an efficient and proven way to produce reliable emissions-free electricity. A similar talent dearth has long been an oil and gas industry topic and potential threat to the United States’ dominance in
(Oil & Gas 360) – CALGARY, Alberta, Oct. 03, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (PEI: TSX-V; OF6A: FRA) (“Prospera” or the “Corporation“) Prospera Energy Inc. (PEI) is pleased to announce the prompt full repayment of its $3,430,000 high-interest 16%, Gross Overriding Royalty (GORR) financing. The GORR re-purchase takes advantage of the early payment discount and eliminates the risk of
(Oil Price) – If it goes out of hand, the escalating conflict in the Middle East risks dealing a severe blow to monetary policy as it would lead to a surge in oil prices, Bank of England Governor Andrew Bailey told the Guardian in an interview published on Thursday. “Geopolitical concerns are very serious,” Bailey told the newspaper. International crude oil prices have
(World Oil) – Texas has been at the forefront of energy regulation and innovation for more than a century, and the RRC has new proposed rules for public comment to administer legislation in the geothermal energy front in Texas. Senate Bill 786 transfers regulatory authority of closed-loop geothermal injection wells from the Texas Commission on Environmental Quality to the Railroad
(Oil & Gas 360) – HOUSTON, Oct. 3, 2024 /PRNewswire/ – Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced today that it will build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by BP Exploration & Production Company (“bp”). The crude oil pipeline, named the Canyon Oil Pipeline System
(Oil & Gas 360) – HOUSTON, Oct. 3, 2024 /PRNewswire/ — Shell Pipeline Company LP (“Shell”) today announced the Final Investment Decision (FID) for the Rome Pipeline, an offshore pipeline construction project increasing access between Shell’s Green Canyon Block 19 (“GC-19”) pipeline hub platform and the Fourchon Junction facility on the Louisiana Gulf Coast. The pipeline will bring additional capacity to Shell’s
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