Articles by tag: Oil and Gas
As we cross the halfway mark of 2023, stakeholders in the energy sector are grappling with the changing landscapes of oil, gas, and renewable resources. A volatile year of varying energy prices has underlined the critical need for analysis and prediction. With a stark 41 percent decrease in the price of natural gas and…
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Experts Hope New Oil Auctions Signal “Striking a Balance” in U.S. Oil Production
The U.S. auctioned off its first oil and gas drilling rights on federal lands since the passing of the Inflation Reduction Act, spanning over 10,000 acres across New Mexico and Kansas. This marks the second federal lease auction in New Mexico in over two years. Now that the U.S. oil auction drought is over, should…
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2022 Gas Costs More than Doubled the Average Cost in 2020. Prices Have Dropped but are Still High in 2023…Why?
Last year, eyes were popping as the price per gallon of gas passed the five-dollar mark in most places. This is more than double the average gas cost per gallon in 2020, which was $2.17 per gallon, according to the U.S. Energy Administration. While prices are down from that five-dollar mark now, they have…
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How the Oil and Gas Industry are Increasing ESG Compliance
To align with a national push towards more sustainable operations, the oil and gas industry are focused on increasing ESG compliance. What can these companies do to alter their operations, and what impact will these changes have on their environmental footprint? VP of Business Development at Pioneer Energy, Joseph Palaia gives his insight. Joseph’s Thoughts: “I wanted…
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The Consequences Of Rising Inflation & Crude Oil Prices
How have rising inflation and interest rates impacted the WTI crude oil market? Opportune’s Commodity Risk Advisory Director, Ryan Dusek sits down with E2Bs Daniel J. Litwin to cover the situation and discuss his recent article, The Feds Fight Against Inflation: Is WTI Crude Oil Recession Proof?
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Survey Says! Banks Could Give E&Ps New Lease On Life
How are energy prices impacting the banking and capital ecosystem in the oil and gas industry? With so much volatility and uncertainty in today’s market, oil and gas producers need information they can trust, which is where Haynes and Boone LLP, an international law firm that provides services for more than 40 significant legal…
E2B: Energy to Business
Defense In-Depth: Cybersecurity For Energy
Despite ongoing threats and a massive wake-up call in 2021, the oil and gas industry doesn’t appear to be ready for the increasingly dangerous cybersecurity threats present in the world. The Colonial Pipeline ransom attack in June 2021 cost the company $5 million in ransom, created supply chain shortages, and fueled price hikes while causing…