Latest News for: Oil and gas investments

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District Court judge halts enforcement of 'blacklist' law that restricts investments

The Oklahoman 08 May 2024
An Oklahoma County judge halted the enforcement of a controversial state law Tuesday, a measure that places banks and financial companies on a blacklist if they invest in entities that are critical of the oil and gas industry.
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Presidency: Tinubu Returns Today after Two-week Absence

This Day 08 May 2024
... oil and gas, e-commerce, and fintech, had been attracting new Foreign Direct Investments (FDIs) from discerning investors, who were convinced that Nigeria was a good market for bountiful returns.
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Lawmakers should not turn political whims into obstacles for investment strategies | Guest

The Oklahoman 08 May 2024
In 2022, state lawmakers passed the controversial Energy Discrimination Elimination Act (EDEA), which mandated Treasurer Russ to develop a blacklist of companies accused of discriminating against oil and gas companies in their investments.
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Alta. oil and gas company fined for violating methane rules

Moosejaw Today 07 May 2024
... the routine controlled release of methane — a practice known as venting and flaring — from oil and natural gas operations, as well as require companies to invest in enhanced leak detection and repair.
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Deepwater Exploration Is Booming Again

Oil Price 07 May 2024
... as they are doubling down on their pledge to continue delivering oil and gas to meet global demand.
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BP profits hammered by lower energy prices

The Daily Mail 07 May 2024
Earnings were hit by falling oil and gas prices, the temporary shutdown of its Whiting Refinery in Indiana following a power outage, and 'significantly weaker' margins in its fuels business.
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BP: Q1 Earnings Snapshot

San Francisco Chronicle 07 May 2024
The average estimate of four analysts surveyed by Zacks Investment Research was for ... The oil and gas company posted revenue of $49.96 billion in the period.
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Nigeria Needs to Diversify Economy, Invest More in Digital Technology, Says US Govt

This Day 07 May 2024
The US Consul General in Nigeria, Will Stevens, yesterday, stressed the need for Nigeria to diversify its economy from oil and gas and invest more in digital technology in order to achieve digital ...
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Occidental: Q1 Earnings Snapshot

my SA 07 May 2024
The oil and gas exploration and production company posted revenue of $6.01 billion in the period, falling short of Street forecasts ... from Zacks Investment Research.
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Shares suspended as manufacturer faces winding-up petition

The Business Desk 07 May 2024
Petrel operates across the world in the oil and gas, marine and defence sectors and its 35 employees based in Kitts Green, Birmingham, will be retained by the new owners and will add to its 700 employees across Europe, US and Asia.
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Presidency: Atiku is Distorting Facts, Seyi Tinubu Has Right to Do Legitimate Business

This Day 07 May 2024
In addition, Onanuga said different sectors of the economy, notably telecoms, manufacturing, solid minerals, oil and gas, e-commerce, and fintech, had been attracting new Foreign Direct Investments ...
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UK offers over 30 oil and gas licenses in offshore wind farm sites

Splash24/7 06 May 2024
For those in favour of more oil and gas projects, this is seen as good news ... Offshore Energies UK believes that, without fresh investments, the UK will be reliant on oil and gas imports for 80% of its needs by 2030.
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The clean energy transition has become messy

Indian Express 06 May 2024
Build up strategic oil reserves, increase the share of natural gas in the energy basket, invest in smart infrastructure, intensify R&D on clean energy, encourage public-private partnerships and scale up renewables.
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Divestment: Oando to Double Crude Output to 50,000bpd after Eni Deal

This Day 06 May 2024
Indigenous oil and gas producer, Oando, has projected that it will double its production ... The worst thing is to plough all this investment into these assets and not be able to flow the oil or the gas.
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Oil Companies Contaminated a Family Farm. The Courts and Regulators Let the Drillers Walk Away.

ProPublica 06 May 2024
Some orphan well cleanup in Oklahoma is funded by a voluntary 0.1% fee paid by industry on the sale of oil and natural gas ... He disagreed that Wise Oil & Gas had entered bankruptcy to shed bad investments and dodge cleanup obligations.
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