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BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. The company aims to boost daily oil and gas production to between 2.3

Oil 40
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Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

Rextag

The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025.

Oil 40
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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Ron Reynolds, make up a two-fold strategy to limit natural gas flaring and venting in the state. [1]

Energy 52
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From ‘dirty secret’ to federally funded: Orphaned wells are finally getting the attention they need

Underground Vision Technologies

A veteran of the oil industry, Curtis Shuck is on a new path these days: cleaning up the mess left behind by orphaned wells. Orphaned wells are oil or natural gas wells that have been abandoned by companies for one reason or another. SHELBY, Mt.

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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Ron Reynolds, make up a two-fold strategy to limit natural gas flaring and venting in the state. [1]

Energy 40
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Texas Supreme Court Again Addresses Royalty Class Actions

The Energy Law

The Court also addressed the nature of the implied duties in oil and gas leases, whether the ambiguity of the underlying agreement precludes class treatment, and the extent to which class representatives may abandon individualized claims in order to preserve class treatment for common claims.

Royalty 40
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Oil prices fluctuate despite supply boost by OPEC+

Crude Oil Futures

Despite President Trump's vocal "Drill, baby, drill" mantra, his push to boost crude oil supply has yet to fully take shape. Undeterred, he continues to press forward, shifting his focus toward pressuring oil producersparticularly in the Middle Eastto ramp up output until U.S. production reaches his desired levels. Yielding to U.S.

Oil 40