Latest Breaking News On - Houston oil patch - Page 1 : comparemela.com
Here are some of Rigzone s top upstream stories during the last week, just in case you missed them.
Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them…
A New Use for Orphaned Oil and Gas Wells?
Petrolern LLC, an Atlanta-based service and technology firm specializing in subsurface engineering and downhole tools, is looking to repurpose some orphaned oil and gas wells to produce geothermal energy.
Read full article here
Maersk Drilling Enters Market with New Customer
Karoon Energy Ltd. has awarded Maersk Drilling a four-well intervention contract offshore Brazil. Under the 110-day contract, the Maersk Developer semi-submersible rig will perform well intervention on four wells at the Baúna field.
BrazilHoustonTexasUnited-statesJohn-arnoldA-new-use-for-orphaned-oilBloombergHouston-oil-patchPetrobrasNatural-gas-corporation-limitedKaroon-energy-ltdNew-use3 hours Venezuela Ups Domestic Oil Refining, Hurting Crude Exports 19 hours Refiner Valero: U.S. Renewable Diesel Stocks Are Running Low 20 hours China Pledges To Start Cutting Coal Consumption In 2026-2030 22 hours Africa’s Largest Oil Producer Loses $29B Per Year On Power Outages 24 hours Biden’s Aggressive Emissions Target Could Have A Major Impact On U.S. Oil 1 day Iran Exports 500,000 Bpd Despite Sanctions 1 day Mexico Congress Passes Controversial Pro-Pemex Bill 2 days U.S. Cancels All Q2 Oil, Gas Lease Sales 2 days Oilfield Services Giants Optimistic About Drilling Recovery 2 days Gunmen Abduct Oil Workers In Northeast India 2 days Billionaire Trader: Seismic Shift Is Taking Place In Houston Oil Patch
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The FRAUDS looting the Treasury. Got Physical Silver?
Billionaire Trader: Seismic Shift Is Taking Place In Houston Oil Patch
“Three-quarters of discussions now are about wind, solar, batteries, transmission, lithium, cleantech, etc. Even those who are not ideological believers are taking the cues from the financial markets, which have no interest in oil production growth anymore,” wrote Arnold, once dubbed “king of natural gas” by his former colleagues at Enron, and now co-chair of Arnold Ventures.
The legendary trader notes that financial markets are rewarding industries with high growth potential, such as clean energy, at the expense of the oil and gas sector. Moreover, capital for fossil fuels has dried up, Arnold says.
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