Latest Headlines

1. W&T Offshore Announces Accretive Acquisition Of Producing Properties In The Gulf Of Mexico 9/21/2023

   W&T Offshore, Inc. (the “Company” or “W&T”) today announced that it has completed the acquisition of working interests in eight shallow water oil and gas producing assets (the “Assets”) in the central and eastern shelf region of the Gulf of Mexico (“GOM”) from an undisclosed private seller. 

2. Equinor Declares Commerciality In The BM-C-33 Area, In Campos Basin, Brazil 9/21/2023

   Equinor has, on behalf of the BM-C-33 consortium, submitted to Agência Nacional de Petróleo, Gás Natural e Biocombustíveis (ANP), the Declarations of Commerciality and Plans of Development for two development areas in the BM-C-33 concession in Brazil’s Campos Basin.

3. API Statement On Lease Sale 261 Preliminary Injunction 9/21/2023

   The American Petroleum Institute (API) today issued the following statement from Senior Vice President and General Counsel Ryan Meyers on the preliminary injunction granted by the U.S. District Court Western District of Louisiana ahead of the planned Lease Sale 261.

4. API Releases Methane Action Plan Highlighting Industry Actions, Key Policy Priorities For Effectively Reducing Methane Emissions 9/21/2023

   The American Petroleum Institute (API) today released the Methane Action Plan, a policy “MAP” for driving methane emissions reductions across the energy supply chain.

5. API’s Sommers Urges EPA Administrator To Finalize Methane Rule That Builds On Industry Progress 9/20/2023

   The American Petroleum Institute (API) today called on the Biden administration to issue a final methane rule that achieves methane emissions reductions without sacrificing American energy production. In a letter to U.S. Environmental Protection Agency (EPA) Administrator Michael Regan, API urged EPA to align its complex methane regulations that apply to U.S. natural gas and oil operations and adopt a timeline for the final methane rule that accounts for the reality of supply chain delays for critical equipment needed in thousands of facilities in producing basins across the country.

6. DNO Makes Play-Opening Discovery At Norma 9/19/2023

   DNO ASA, the Norwegian oil and gas operator, today announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest.

7. Halliburton Introduces GuideStar Continuous Definitive Survey Measurements Service 9/18/2023

   Halliburton Company (NYSE: HAL) today introduced GuideStar™, a service that uses high-resolution sampling to provide continuous, definitive survey measurements for more precise wellbore positioning.

8. Zion Oil & Gas, Inc. Announces Award Of New Megiddo Valleys License 434 Allowing For Ongoing Oil And Gas Exploration In Israel 9/18/2023

   Zion Oil & Gas, Inc. (OTCQX: ZNOG) is excited to announce that the State of Israel has awarded Zion a new exploration license, named the Megiddo Valleys #434.

9. EIA Expects Higher Oil Prices Through The Remainder Of 2023 As A Result Of Declining Global Inventories 9/18/2023

   The U.S. Energy Information Administration (EIA) expects global oil inventories to decline by almost a half million barrels per day in the second half of 2023, causing oil prices to rise over the remainder of the year.

10. ABB And Samsung Engineering To Collaborate On Gas Analyzers For Saudi Arabia's Energy Industries 9/11/2023

    ABB has signed a framework agreement with Samsung Engineering in Saudi Arabia to collaborate in engineering and procurement activities in the Kingdom. With this agreement, ABB becomes a single-source vendor for gas analyzer system integration for Samsung in Saudi Arabia.