Oil and Gas Initiatives Accelerated as Minnesota Power Announces Transition Away from Fossil Fuels
Oil and gas projects fast-tracked, while Minnesota Power plans to quit fossil fuels Catch the latest energy news from around the Great Lakes region. Check back for these biweekly Energy News Roundups. Hundreds of energy projects may have their permits fast-tracked by the Trump administration, including Enbridge’s tunnel for Line 5 in the Straits of Mackinac and […]
Evolution Petroleum Acquires Oil and Gas Assets at a 40% Discount to PV-10 Valuation
Evolution Petroleum Acquires Oil & Gas Assets at 40% Discount to PV-10 Value 03/04/2025 – 07:45 AM Strategic Benefits of the Acquisition: Adds approximately 440 net BOEPD of stable, low-decline production.Enhances cash flow visibility with a balanced commodity mix.Strengthens Evolution’s long-term dividend sustainability.Offers low-risk development opportunities with potential for incremental production growth.~2.8x estimated Adjusted EBITDA1 […]
Texas Oil and Natural Gas Sector Sets New Production Milestones
Texas Oil and Natural Gas Industry Breaks New Production Records According to TIPRO, the industry supported over 2 million direct jobs in the U.S. last year, with total direct and indirect jobs tied to the industry reaching nearly 23 million. Image for illustration purposes Texas Border Business – Advertisement – AUSTIN, Texas – The Texas Independent […]
BLM Unveils Oil and Gas Lease Sale in Montana and North Dakota
BLM announces oil and gas lease sale in Montana and North Dakota BILLINGS, Mont. — The Bureau of Land Management Montana-Dakotas State Office announced an oil and gas lease sale for April 29. The sale will offer 11 oil and gas parcels, totaling 4,266 acres in Montana and North Dakota. Public comment was collected from […]
Why Wyoming’s Oil and Gas Industry Hasn’t Fully Embraced “Drill Baby Drill”
Why Wyoming’s Oil And Gas Industry Isn’t Yet “Drill Baby Drilling” Lindsey Miner has been “doing more with less” at her Casper, Wyoming, oil service business, Industrial Screen and Maintenance, as of late. But with President Donald Trump’s promises to “drill baby drill” she’s among many Wyoming oil and gas service business owners hopeful that an energy boom is waiting […]
Congress Repeals Methane Fee Targeting Oil and Gas Producers Established During Biden Administration
Congress Repeals Biden-Era Methane Fee for Oil and Gas Producers Congress Repeals Biden-Era Methane Fee for Oil and Gas Producers/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ The Republican-controlled Congress voted to repeal a Biden-era methane fee aimed at reducing planet-warming emissions from oil and gas producers. The Senate passed the measure 52-47, following a House […]
AEC Collaborates with Stryk Global Diplomacy to Enhance U.S. Involvement in Africa’s Oil and Gas Industry
AEC Partners with Stryk Global Diplomacy to Bolster U.S. Engagement in Africa’s Oil & Gas Sector The African Energy Chamber (AEC) – representing the voice of the African energy sector – has enlisted international consulting firm Stryk Global Diplomacy (SGD) to support oil and gas engagement between the U.S. and Africa. This collaboration will not […]
Hundreds of Bills Submitted Affecting Texas Oil and Gas Industry
Several hundred bills filed impacting the Texas oil and gas industry | Texas (The Center Square) – Of the roughly 4,000 bills filed in the Texas legislature so far, about 120 affect the Texas oil and natural gas industry, according to an analysis by the Texas Independent Producers and Royalty Owners Association (TIPRO). On Tuesday, […]
Prime Energy CEO Appointed Chair of Upstream Oil and Gas Association
Prime Energy CEO elected chair of upstream oil, gas group Donnabel Kuizon Cruz, president and CEO of Prime Energy, has been elected chairperson of the Philippine Petroleum Association of the Upsteam Industry (Oil & Gas), Inc. (PAP). PHOTO FROM PRIME ENERGY MANILA, Philippines—Donnabel Kuizon Cruz, president and CEO of Prime Energy, has been elected chairperson […]
Bennet Prepares for Showdown on Public Lands, Oil and Gas Drilling, Mining, and Workforce Cuts in DOGE
Bennet braces for battle over public lands, oil and gas drilling, mining, DOGE cuts of workers The Thompson Divide area near Carbondale is a flashpoint for the debate over how Colorado’s public lands should be used (Thompson Divide Coalition). Colorado’s senior U.S. Sen. Michael Bennet, a Democrat, says he’s “selecting his battles” when weighing Republican President Donald […]