Tag: gas

The Importance of Oil and Gas Resources for Developing Countries

Why Developing Countries Need Oil and Gas Resources Developing countries need oil and gas resources to meet their needs for affordable and reliable energy, but that doesn’t mean that they shouldn’t be incentivized to transition to cleaner forms of energy. Energy demand is increasing around the globe, and developing countries are a significant driver for […]

Brazil’s Oil and Gas M&A Activity Slows in Q1 2025

Brazil’s oil & gas M&As dry up in 1Q25 M&A’s in Brazil’s oil and gas sector declined in the first quarter of 2025, according to KPMG. There was only one transaction during the period, compared with four in the first three months of the previous year. The deal was the sale by Prumo Logística of […]

Wyoming Oil and Gas Lease Sale Rakes in $7.7M—A Drop in the Bucket Compared to Trump’s First Term

Wyoming Oil And Gas Lease Sale Nets $7.7M, ‘Peanuts’ Compared To Trump’s First Term The Bureau of Land Management’s latest quarterly Wyoming oil and gas lease sale Tuesday took in $7.7 million. It shows that the reality of oil and gas leasing in Wyoming hasn’t yet caught up to President Donald Trump’s pledge to “unleash American energy.” The Tuesday sale […]

Trump Administration Advocates for 5,000-Well Oil and Gas Initiative in Wyoming

Trump Administration Pushes For 5,000-Well Wyoming Oil And Gas Project The Bureau of Land Management reports it’s found no significant new impacts to groundwater resources following additional analysis ordered by a federal court for the massive 5,000-well Converse County Oil and Gas Project. The agency’s supplemental environmental review released Friday addresses concerns raised by the […]

Arkansas Oil and Gas Regulators Taking Action to Address Leak from Century-Old Oil Well

Arkansas oil and gas regulators moving to stem leak from century-old oil well Liquid from the leaking oil well pools around trees in Ouachita County. (Obtained from AOGC filing) Arkansas oil and gas regulators are working to replug a century-old oil well in Ouachita County that began leaking in May, after the state Oil and […]

[Current Insights] Future of Indonesia’s Oil & Gas Downstream Market

[Latest] Indonesia Oil & Gas Downstream Market Future: [Latest] Indonesia Oil & Gas Downstream Market Future: Opportunities and Industry Shifts Indonesia Oil & Gas Downstream Market Outlook & Investment Analysis What is the current outlook for the Indonesia Oil & Gas downstream market? Indonesia’s downstream oil & gas sector is experiencing steady growth driven by […]

Revised Petroleum Resource and Rent Tax Expected to Generate $4 Billion Less Than Initially Projected

Reworked Petroleum Resource and Rent Tax raising $4 billion less than first thought The tax on oil and gas profits is expected to raise $4 billion less than the government forecasted when it first announced a rework of the tax in 2023. Last year Treasurer Jim Chalmers amended the Petroleum Resource Rent Tax, which applies […]

Three Trump Administration Officials Aim to Explore Alaska’s Oil and Gas Resources – Deseret News

3 Trump officials look to tap into Alaska for oil and gas – Deseret News Three top Trump administration officials were in Alaska’s North Slope on Monday morning, looking to open up more oil drilling and revamping a stalled natural gas project in the state. Interior Secretary Doug Burgum, Environmental Protection Agency Administrator Lee Zeldin […]

New Legislation Seeks to Shield Texas Oil and Gas Industry from Legal Action

New Law Aims To Protect Texas Oil And Gas Industry From Lawsuits (The Center Square) – Both of Texas’ U.S. senators and one congressman, all from Houston, have filed a bill to protect the oil and natural gas industry. Texas Republicans U.S. Sens. Ted Cruz and John Cornyn filed the Protect LNG Act in the […]

[Updated] Vision 2025 for Mexico’s Oil and Gas Downstream Market

[Latest] Mexico Oil And Gas Downstream Market 2025 Vision: [Latest] Mexico Oil And Gas Downstream Market 2025 Vision: Challenges and Innovation Mexico Oil and Gas Downstream Market: Outlook & Investment Analysis What is the current outlook for the Mexico oil and gas downstream market? Mexico’s downstream oil and gas sector is experiencing a period of […]