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Study: US, Canada Underestimating Climate Risk from Abandoned Oil, Gas Wells

2021-01-20 21:47:31| OGI

Canada has underestimated methane emissions from its abandoned wells by as much as 150%, while official U.S. estimates are about 20% below actual levels, according to the study published in Environmental Science and Technology.

Tags: canada study risk gas

 

On the Market Oil and Gas Quicklist (Week of Jan. 20, 2021)

2021-01-20 19:30:00| OGI

Heres a quicklist of oil and gas assets on the market including Unit Petroleum operated Kansas properties plus a nonop Barnett Shale position from Tokyo Gas.

Tags: jan week market gas

 
 

US Charges Two Offshore Workers Over Gulf of Mexico Oil Spills

2021-01-20 16:10:34| OGI

Fieldwood was not identified by name in the indictments or charged.

Tags: mexico oil charges workers

 

Biden Set to Rejoin Paris Climate Accord, Impose Curbs on US Oil Industry

2021-01-20 11:15:00| OGI

The announcements will also include a sweeping order to review all of Trump's actions weakening climate change protections, the revocation of a vital permit for the Keystone XL and a moratorium on leasing activities in the Alaska National Wildlife Refuge, Biden aids say.

Tags: set industry paris oil

 

OPEC Cautiously Optimistic Oil Market Will Recover in 2021

2021-01-19 23:40:00| OGI

Oil prices have rallied to an 11-month high this month, helped by a Jan. 5 decision by most members of OPEC+ to hold production steady in February and a pledge by Saudi Arabia to voluntarily cut output.

Tags: market oil recover optimistic

 

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