Big oil could help tackle the water shortage in the western United States. Oil pipelines repurposing existing infrastructure to help transport clean water to the areas most in need. Innovations such as this highlight how oil and gas majors are relevant. This includes their infrastructure and knowledge. It will always be relevant even in a […]
Even after 2050, global oil demand is set to continue to rise. It is because renewables cannot entirely replace fossil fuels. Energy markets expert Anas Alhajji said during a recent energy conference hosted by Nigeria. “The impact of climate change policies on oil demand is highly exaggerated. The impact is mostly on-demand growth, not on-demand […]
⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]
U.S. crude oil futures slipped below $72/bbl on Friday but managed to close with a fourth straight weekly gain thanks in large part to the slow recovery in production following two hurricanes in the U.S. Gulf of Mexico. Oil markets have, however, kicked off the new week on a losing note, with WTI trading at […]
⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]
Americans are paying the most expensive Labor Day weekend gasoline prices since 2014. This is amid constrained stock levels and high benchmark crude oil prices. The end of the U.S. driving season comes in just a few days. This is after OPEC+ ignored the Biden Administration’s call for higher-than-planned increases in the alliance’s oil production. […]
⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]
World’s Third Largest Oil Importer, India, and their crude oil demand have been on the mend since mid-summer. It is likely to continue along this same vein for quite a while. This is with at least one refiner planning to boost refining capacity considerably. India, the world’s third-largest oil importer, has become a key factor […]
The oil tanker industry faces brighter prospects in the coming months with more crude sets to arrive on the international markets, according to the Nordic American Tankers. In its second-quarter update, tanker operator Nordic American Tankers said that “Demand for oil is going up. OPEC is raising its output.” “Current high oil, gas, and electricity […]
⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]
