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Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. It enhanced Conocos shale oil dominance, focusing on cost-efficient production and mature assets. Positioned Sunoco as a midstream infrastructure leader, crucial for energy logistics.

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How Does Blockchain Integration Impact Renewable Energy Procurement?

Navigate Power

As society increases its focus on going green, businesses are exploring their options for renewable energy. For example, a company in Australia called Power Ledger uses a blockchain platform that monitors users’ energy consumption and production while ensuring transparent yet secure executions. Let’s take oil as an example.

Energy 52
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Scout Energy Management Acquires Permian Basin Assets from ConocoPhillips

Oil Gas Leads

One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. The Texas Commission on Environmental Quality (TCEQ) oversees these permits to ensure that production activities adhere to state and federal environmental regulations.

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ConocoPhillips Q4 2024 Earnings Call: Key Updates on the Permian Basin

Oil Gas Leads

The company remains committed to capital efficiency and production optimization , with a focus on delivering value-driven growth while maintaining operational discipline. This improvement has allowed ConocoPhillips to maintain its low single-digit production growth target while reducing overall capital spending. power demand.

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