Cenovus Shares Surge 10% Following Dividend Increase by Canadian Oil and Gas Producer
Cenovus stock soars over 10% as Canadian oil and gas producer hikes dividend New expansion phase at Cenovus’ Christina Lake oilsands operation in northern Alberta. (Photo: Business Wire) · Business Wire Cenovus Energy (CVE.TO)(CVE) raised its dividend in the face of weaker oil prices, sending shares of the Canadian oil and gas company over 10 […]
Saturn Oil & Gas Reports Record Production and Financial Gains in Q1 2025
Saturn Oil & Gas Achieves Record Production and Financial Growth in Q1 2025 An update from Saturn Oil & Gas ( (TSE:SOIL) ) is now available. Saturn Oil & Gas Inc. reported record production and adjusted funds flow for the first quarter of 2025, with production reaching 41,680 boe/d and adjusted funds flow totaling $131.1 […]
Republican Budget Bill Increases Oil and Gas Production, Eliminates Environmental Review | National
Republican budget bill boosts oil and gas production, scraps environmental review | National (The Center Square) – Republicans are using the budget reconciliation process to push through sweeping energy reforms despite Democratic opposition, including boosting oil and gas drilling on federal lands. During a bill markup Tuesday, the House Committee on Natural Resources outlined its […]
Enhancing Supplier Selection in the Oil and Gas Industry through Data-Driven Approaches
Data-driven methods improve supplier selection in oil and gas industry In a sector as complex and capital-intensive as oil and gas, the decision-making process surrounding supplier selection is pivotal to operational success and long-term competitiveness. Research from Oman’s oil and gas sector published in the International Journal of Services and Operations Management highlights the need […]
U.S. Oil Prices Plunge as OPEC+ Decides to Boost Production in June
U.S. oil prices tumble after OPEC+ agrees to surge production in June Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or […]
Sun Coast Resources Claims Tesla is ‘Refusing to Pay’ $2 Million in Overdue Bills, Citing Staffing Chaos as an Additional Challenge
Oil and gas supplier Sun Coast Resources says Tesla is ‘refusing to pay’ $2 million in past-due bills – and that chaotic staffing has only made it worse Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is […]
Safety Report Submission Required This Month for Active Oil and Gas Operators in Colorado Following Bishop Well Incident Near Galeton
Following Bishop Well incident near Galeton, active oil and gas operators in Colorado must submit a safety report this month While the cause of the Bishop Well incident near Galeton last month remains unknown, a state agency last week issued a notice to active well operators statewide mandating a report on well integrity and safety […]
Federal Oil and Natural Gas Leasing Revenue Reaches Nearly $8.5 Billion in 2023
Federal Oil & Natural Gas Leasing Revenue Tops Nearly $8.5 Billion in 2023 Revenues from oil and natural gas leases on onshore federal lands totaled $8.497 billion in 2023, according to a new Congressional Research Service (CRS) report. In fact, oil and natural gas leasing represents a whopping 93 percent of the total federal revenue […]
Federal Oil and Gas Leasing Strategy May Extend to Maine Coastline
Federal oil and gas leasing plan could include Maine coast The Trump administration is developing an offshore oil and gas leasing plan that could include waters in the Gulf of Maine. The Natural Resources Council of Maine warns there are no economically recoverable fossil fuels in the region and that drilling risks environmental and economic […]
Oil Industry Targeted by Trump’s ‘Drill, Baby, Drill’ Agenda Faces Challenges
Oil industry that Trump wants to ‘drill, baby, drill’ takes a beating An operator for Baker Hughes conducts a wireline survey on a Chesapeake Energy natural gas rig in the North Texas Barnett Shale near Burleson, Texas. Matt Nager | Getty Images President Donald Trump wants the oil and gas industry to “drill, baby, drill” […]