Oil and Gas This Week – Aug 15 2023

Oil and Gas This Week

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This week Mark and Paige cover …

IEA Says Global Oil Demand Hits Record and Prices May Climb

https://www.rigzone.com/news/wire/iea_says_global_oil_demand_hits_record_and_prices_may_climb-11-aug-2023-173640-article/

Occidental and Climeworks big winners as Biden allocates billions for CO2 removal

https://www.cnbc.com/2023/08/11/occidental-climeworks-winners-as-biden-allocates-3point5b-for-co2-removal.html

‘Life is like it is’: TotalEnergies CEO defends strategy despite calls to cut fossil fuel production

https://www.cnbc.com/2023/07/06/totalenergies-ceo-defends-oil-and-gas-strategy-after-climate-protests.html

African Energy Chamber: South Africa must use its natural resources to address energy povery

https://www.worldoil.com/news/2023/8/11/african-energy-chamber-south-africa-must-use-its-natural-resources-to-address-energy-povery/

Downstream petroleum workforce could face potential skills shortages

https://www.hydrocarbonengineering.com/petrochemicals/25072023/downstream-petroleum-workforce-could-face-potential-skills-shortages/

North Dakota regulator rejects Summit Carbon Solutions carbon pipeline application

https://www.bicmagazine.com/industry/pipelines/north-dakota-regulator-rejects-summit-carbon-solutions-carbon-pipeline-application/

US oil refiners to defy heat, run plants at mid-90% of capacity

https://www.reuters.com/business/energy/us-oil-refiners-defy-heat-run-plants-mid-90-capacity-2023-08-09/

Current carbon proposal is unworkable, U.S. power sector warns

https://www.bicmagazine.com/industry/regulations/current-carbon-proposal-is-unworkable-u-s-power-sector-warns/

Chevron completes acquisition of PDC Energy

https://www.bicmagazine.com/industry/investment-banking/chevron-completes-acquisition-of-pdc-energy/

The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview

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