Remove Crude Oil Remove E&P Remove Information
article thumbnail

Upstream Midstream Downstream – What is the Difference?

Aresco

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. This includes both onshore and offshore activities.

article thumbnail

Investment Opportunities in the Oil and Gas Sector

Nestoil

Understanding these opportunities and their associated benefits can help investors make informed decisions. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.

Oil 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CanCambria Energy Corp. announces changes to management team and board

Oil & Gas 360º

Dr. Cornelius commented: Founding CanCambria as an international unconventional resource E&P company has been one of the highlights of my career. Without limiting the foregoing, such forward-looking information includes statements regarding the Offering, Companys business plans, expectations, capital costs and objectives.

article thumbnail

Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

The ATHOS I was contracted to deliver crude oil from Venezuela to a syndicate of CITGO interests, collectively referred to as “CARCO.” The allision resulted in a spill of approximately 264,000 gallons of crude oil into the Delaware River. As the designated responsible party under the Oil Pollution Act (“OPA”), 33 U.S.C.

Casing 40
article thumbnail

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

Oil & Gas 360º

A joint information circular, which will include details of the transaction, is expected to be mailed to Whitecap and Veren shareholders in mid-April 2025. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Advisors National Bank Financial Inc.

Energy 130
article thumbnail

Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360º

Interior Secretary Doug Burgum vowed to open up American public land to oil and gas drillers, underscoring Trumps drill, baby, drill ethos. The United States already became the worlds top oil and gas producer under former President Joe Biden. million barrels per day (bpd) in 2025 and climb further to 13.76 million bpd in 2026.

Energy 130
article thumbnail

Top oil executives reckon with downturn even as Trump cheers them on

Oil & Gas 360º

. “Its a revolution in energy policy that is unfolding… The industry is trying to catch its breath,” said Dan Yergin, the Pulitzer Prize-winning author and vice chairman of conference organizer S&P Global, in an interview. Energy Information Administration (EIA), down from over $80 a barrel last year.

Oil 130