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A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh. Ali Jarekji/Reuters OPEC+ faces a major oil oversupply in 2025, challenging production increases.
(Reuters) -The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's policies aimed at fighting climate change, saying the measures ...
Among the beneficiaries of the current state of the oil market are U.S. motorists, who have seen gasoline prices fall to their lowest in 2 1/2 years to near $3 a gallon.
In 1992, Wright founded Pinnacle Technologies, a company involved in commercial shale gas production through fracking and served as its CEO until 2006. He was also chairman of Stroud Energy (current Stroud Exploration Company), [5] another company involved in the production of shale gas, before he sold the company in 2006.
Russia is the largest oil and gas exporter after Saudi Arabia and enjoys a highly valued cooperation with the Arab country in the framework of the OPEC group. But at current levels, major Gulf producers have little to spare, and Russia blames international sanctions for higher energy prices around the world. [83]
Oil and Gas Facilities (OGF) [23] is focused on delivering the latest news on project and technology shifts in the industry. The Way Ahead (TWA) [24] is by and for young professional members of SPE. It is the newest SPE magazine. It was first published in 2006 and moved from print to online in 2016. [25]
In the latest episode of his political fight with Big Oil, Gov. Gavin Newsom on Thursday called on California lawmakers to pass new requirements on oil refiners during the final two weeks of the ...
Energy permitting reform is the idea of altering regulations and rules to make it easier to build energy infrastructure in the United States. [4] Currently, it takes a long time for energy infrastructure, such as electric transmission, to be built. [5]
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