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Oil industry gets greener as U.S. policy shifts to climate change | CNBC

The greening of the American oil industry has gone into overdrive. Dan Yergin, IHS Markit vice chairman, said it’s an important turning point for the fossil fuel sector, which has been anticipating big changes with President Joe Biden’s climate-focused, clean energy policies. “The oil and gas industry is calibrating itself to what has become the […]

Read More Oil industry gets greener as U.S. policy shifts to climate change | CNBC
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Is big oil serious about going low carbon? | Bloomberg Professional Services

Is big oil serious about going low carbon? BloombergNEF January 19, 2021 This analysis is from BlooombergNEF. It appeared first on the Bloomberg Terminal. Executive summary The global oil industry is facing pressure to decarbonize. Regulations and reputational risks have forced most oil majors to take action to reduce their own emissions, such as curbing […]

Read More Is big oil serious about going low carbon? | Bloomberg Professional Services
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US puts new oil and gas leases, permits on federal lands on hold for 60 days | S&P Global Platts

Houston — The US Interior Department on Jan. 20 put new oil and gas lease sales and permits on federal lands and waters on hold for 60 days, according to an order signed by Acting Secretary Scott de la Vega. The decision gives the Biden administration more time to develop its longer-term plans on oil and […]

Read More US puts new oil and gas leases, permits on federal lands on hold for 60 days | S&P Global Platts

Trump administration issues last-minute Arctic refuge drilling leases | Reuters

The Trump administration said on Tuesday it had issued drilling leases on more than 400,000 acres (160,000 hectares) of Alaska’s Arctic National Wildlife Refuge (ANWR), delivering on a promise to fossil-fuel proponents on President Donald Trump’s last full day in office. — Read on http://www.reuters.com/article/usa-trump-drilling/update-2-trump-administration-issues-last-minute-arctic-refuge-drilling-leases-idUSL1N2JU2R8

Read More Trump administration issues last-minute Arctic refuge drilling leases | Reuters
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Valaris 8500 and 8501 will be converted by SpaceX | RigLynx

Elon Musk’s SpaceX bought two deepwater rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing.   The rigs are in the Port of Brownsville, near SpaceX’s Starship development facility in Boca Chica, Texas.   The rigs have been renamed Deimos and Phobos, presumably in […]

Read More Valaris 8500 and 8501 will be converted by SpaceX | RigLynx
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FREE Social Media Marketing Downloads

FREE Social Media Downloads These documents are simple tools we recommend. Just sign up below, you will receive a download link via email to our social files. Downloads include Oil Country Media’s “Top of the List” social media suggestions and key social guides for businesses and brands. Our library is growing and will be updated […]

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Free Downloads | Social Marketing

FREE Social Media Downloads | Expires 11-25 more coming! Stay tuned! These documents are simple tools that I use daily. It is an exciting time to share them with you. When you sign up below, you will receive a download link via email to our social files. Downloads include my “top of the list” social […]

Read More Free Downloads | Social Marketing
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Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base NYSE:MCF | Global Newswire

FORT WORTH, Texas and TULSA, Okla., Oct. 26, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (“Contango”) (NYSE American: MCF) and Mid-Con Energy Partners, LP (“Mid-Con”) (NASDAQ: MCEP) today announced they have entered into an agreement to combine in an all-stock merger transaction. The combination continues Contango’s consolidation strategy, increases its exposure to oil […]

Read More Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base NYSE:MCF | Global Newswire
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Hanging by a (Pipe) Thread OCTOBER 5, 2020 | PBOG

By Paul Wiseman Oil country tubular goods are integral first to drilling, then to production and saltwater disposal. So the same price crash that brought drilling to a halt has evaporated demand for most Oil Country Tubular Goods. R&D Pipe Company President Ron Underwood and Trident Steel CEO Kevin Beckmann have both seen better times, […]

Read More Hanging by a (Pipe) Thread OCTOBER 5, 2020 | PBOG
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Biden: ‘I would transition from the oil industry’ | TheHill

Democratic presidential nominee Joe Biden pledged to transition away from fossil fuels Thursday night while defending a climate plan that does not ban fracking. Biden has faced repeated attacks on fracking from President Trump as focus increasingly shifts to Pennsylvania, a crucial battleground state where the drilling method is used.  Biden’s climate plan does not […]

Read More Biden: ‘I would transition from the oil industry’ | TheHill