Oil and Gas News

• Methane emissions from abandoned oil and gas wells underestimated
  
  A recent study finds that annual methane emissions from abandoned oil and gas (AOG) wells in Canada and the US have been greatly underestimated - by as much as 150% in Canada, and by 20% in the US. ...
  Science Daily.  Thursday, 21 Jan 2021.
• Researchers trace geologic origins of Gulf of Mexico 'super basin' success
  
  The Gulf of Mexico holds huge untapped offshore oil deposits that could help power the U.S. for decades. According to researchers, the basin's vast oil and gas reserves are the result of a remarkable geologic past. ...
  Science Daily.  Friday, 15 Jan 2021.
• McKinsey: Low Cost Renewables Will Outcompete Fossil Assets By 2030
  
  2020 saw renewables replace fossil fuels in Europe for the first time and low cost renewables will soon outcompete coal, oil and gas assets.
  Forbes.  Thursday, 14 Jan 2021.
• Oil And Gas Industry Must Get Serious About Climate Change To Compete For Millennial And Gen Z Workforce
  
  The oil and gas sector has an image problem among the workforce it needs for the future. To compete with the tech, medical and other industries, it will have to do more than pay lip service to addressing climate change.
  Forbes.  Tuesday, 12 Jan 2021.
• Comtech (CMTL) Unit Wins $2.7M Deal for CS67PLUS Troposcatter
  
  Comtech's (CMTL) subsidiary clinches a $2.7 million contract from an international oil and gas company for supplying its software-defined CS67PLUS troposcatter radio/modem.
  Zacks.  Tuesday, 5 Jan 2021.
• The Zacks Analyst Blog Highlights: Diamondback Energy, HighPoint Resources, Northern Oil and Gas and Matador Resources
  
  The Zacks Analyst Blog Highlights: Diamondback Energy, HighPoint Resources, Northern Oil and Gas and Matador Resources
  Zacks.  Monday, 4 Jan 2021.
• Japan to eliminate gas-powered cars, go carbon-neutral in 30 years
  
  Some question whether the naturally resource-poor Asian nation will be able to wean itself off imported oil and gas.
  CBS News.  Friday, 25 Dec 2020.
• Cairn Energy win long-running tax battle with Indian authorities
  
  It was one of the most spectacular and heart-warming triumphs ever seen in the oil and gas sector.
  Sky News.  Wednesday, 23 Dec 2020.
• Scientists left 'speechless' after black 'sand-like' dust from asteroid found in capsule
  
  Japan Aerospace Exploration Agency (JAXA) officials said they found more than the anticipated amount of soil and gas inside the small capsule.
  Daily Mail.  Tuesday, 15 Dec 2020.
• Oil drilling company claims clothing brand rejected order
  
  "The virtue of our business is just poorly understood by folks." Press play to hear how the CEO of the oil and gas firm reacted.
  ABC News.  Saturday, 12 Dec 2020.
• Climate change: UK to end aid for fossil fuel projects abroad
  
  As the UK hosts a key climate summit, the government announces an end to funding for overseas oil and gas.
  BBC News.  Saturday, 12 Dec 2020.
• Denmark set to end all new oil and gas exploration
  
  The European Union's largest oil producer plans to stop extracting fossil fuels by 2050.
  BBC News.  Friday, 4 Dec 2020.
• Arctic National Wildlife Refuge oil and gas sale pushed forward
  
  The sale, which was directed by Trump's Tax Cuts and Jobs Act of 2017, will allow companies to drill oil and gas in an area that was originally created to "preserve unique wildlife, wilderness and recreational values."
  CBS News.  Thursday, 3 Dec 2020.
• Sale of Arctic Refuge Oil and Gas Leases Is Set for Early January
  
  The Trump administration, hastening its last-ditch effort to allow drilling there, said the sales would happen 30 days after an announcement is published in the Federal Register on Monday.
  New York Times.  Thursday, 3 Dec 2020.
• Wolf vetoes bills on firearms during emergency, gas drilling
  
  HARRISBURG, Pa. (AP) - Gov. Tom Wolf on Wednesday vetoed bills on firearms during the pandemic or other emergencies and about the regulation and plugging of conventional oil and gas wells. ...
  Washington Times.  Wednesday, 25 Nov 2020.

Oil and Gas Companies News Headlines and News Summaries