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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Technologies Increases Inventory and Logistical Capabilities Amid the 2022 Hurricane Season

Q2 Technologies

Although the 2022 Hurricane Season has been fairly mild with only five named storms since the first week of September, the recent barrage of 1 in a 1,000 year weather events that has drenched a large swath of the US is proof that the weather systems are not to be trifled with.

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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

In this case, the Fifth Circuit analyzed a customized NAESB in the context of a dispute as to whether a force majeure clause applied to excuse a producer’s failure to supply gas in the aftermath of Winter Storm Uri, whether it obligated the producer to procure spot market gas when their own production was disrupted by the force majeure event.

Gas 52
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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). Adjusted EBITDA was $705 million compared to $674 million for the fourth quarter of 2023.

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AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

The future is AI-driven, and the oil and gas sector is poised to reap the benefits of this technological revolution. Related Blogs and Information Crude Oil Investing: A Guide for Accredited Investors Investing and Taxes – Advantages of Oil & Gas Exploration Microwave Fracking: The New Hydraulic Fracturing?

Oil 52
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360ยบ

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. and Veren’s website at www.vrn.com by selecting “Investors” , then “Presentations & Events”.

Energy 130
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Trump Victory Fuels Wave of Alternative Investments in Oil and Gas by Accredited Investors

Aresco

Donald Trumps recent reelection victory has set the stage for a renewed era of growth and opportunity within the American oil and gas industry.

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