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World Oil Forecast: Upstream industry to grow moderately in 2024

On Friday, Jan. 26, 2024, World Oil hosted its 56th annual Forecast Breakfast at the Norris Conference Center in Houston, Texas. In an event described as a “first look” at upcoming upstream oil and gas trends, approximately 340 professionals from across the sector gathered for an early-morning meal to hear projections, data and analysis on global E&P from industry experts.


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In Texas, oilfield companies helped to craft new waste rules for 2 years before the public got to see them

The effort to update the state’s oilfield waste disposal rules was initiated by Railroad Commissioner Jim Wright, one of the state’s top oil and gas regulators who has investments in the industry.

Oil Firms Helped Craft Texas New Waste Rules For 2 Years Before The Public

"State regulators on Monday released their draft rules for what to do with all the hazardous oilfield waste that’s left over once a well is drilled. The announcement gives the public one month to comment on the new rules while some industry representatives started giving input more than two years ago, documents and interviews show."

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