Author: omc_admin

Enverus has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources remains in the top position, but this year Mewbourne Oil leapfrogged from fourth to second and Aethon Energy remains in the third position, according to Enverus.  “This year’s Top 100 list reflects a private operator landscape that’s been shaped by the drastic consolidation of operators over the last two years,” said Shawn Stuart, principal analyst at Enverus. “The remaining privates are more geographically diverse than…

Climate solutions provider Anew Climate and U.S. forestry-focused carbon removal platform Aurora Sustainable Lands announced a new agreement with Microsoft, for the delivery of 4.8 million nature-based carbon removal credits over 10 years, generated through Improved Forest Management (IFM) on U.S forestlands. The deal marks the second agreement between Microsoft, Anew and Aurora, following a 970,000 ton carbon removal agreement announced last year. Aurora, a joint venture between Anew Climate and equity investors led by Oak Hill Advisors, AB CarVal, EIG and GenZero, invests in industrially harvested forests to deliver high-integrity, verifiable carbon credits. The company has acquired more than…

The UK government launches consultations to formalize climate transition plans for banks and corporates, aiming to drive billions in private clean energy investment. New reporting standards and assurance frameworks will support investor confidence and transparency in sustainability disclosures. The initiative positions the UK to lead in transition finance, enhancing global competitiveness while accelerating its net zero transition. The UK government has announced a major step in its mission to become the “sustainable finance capital of the world”, launching a set of consultations aimed at standardizing climate transition planning and boosting clean energy investment. Speaking at London Climate Action Week, Energy…

Jeff Bezos and Lauren Sánchez’s multiday wedding is kicking off this week, and power players from politics, business, and Hollywood are set to converge in Venice to celebrate.The Amazon founder and his fiancée, a former news anchor, are getting married in the Floating City in front of about 200 of their closest family and friends.Some of the famous faces expected to attend have already begun to arrive in Italy. Ivanka Trump and Jared Kushner arrived at Venice’s Marco Polo airport on Tuesday. Stefano Mazzola/GC Images First daughter Ivanka Trump and her husband, Jared Kushner, arrived at Venice’s Marco Polo airport…

Coalition to Issue Shared Principles by COP30: New cross-government initiative to deliver unified guidance on carbon credit use by businesses globally. Boosting Confidence and Finance: Aims to restore corporate trust and unlock up to $250B in climate finance by 2050. Focus on Emerging Markets: Coalition will channel private capital to climate-positive projects in developing economies without increasing debt burdens. A first-of-its-kind international coalition led by Singapore, the United Kingdom, and Kenya will issue shared global principles to strengthen voluntary carbon markets and scale climate finance ahead of COP30 in Brazil. Announced at London Climate Action Week, the Coalition to Grow…

Major offtake agreement secures up to 120,000 tonnes of high-permanence carbon removal credits. Rail-based carbon logistics model offers scalable alternative to pipeline transport. Partnership underscores BECCS as a core solution for durable, verifiable decarbonization. Frontier Infrastructure Holdings has signed a landmark offtake agreement with Wild Assets to deliver up to 120,000 tonnes of carbon dioxide removal (CDR) credits from Bioenergy with Carbon Capture and Storage (BECCS) technology. The agreement secures high-integrity, high-permanence credits generated by capturing biogenic CO₂ emissions from ethanol refineries. These emissions will be transported by rail—a strategic alternative to pipelines—to Frontier’s Sweetwater Carbon Storage Hub in Wyoming…

By Julianne Geiger – Jun 25, 2025, 9:46 AM CDT Crude oil inventories in the United States fell by 5.8 million barrels during the week ending June 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The drop brings commercial stockpiles to 415.1 million barrels, roughly 11% below the five-year average for this time of year.Crude prices were trading up ahead of the report. The American Petroleum Institute (API) on Tuesday had estimated a 4.277-million-barrel drop for the week ending June 20 after analysts had estimated a much smaller 600,000-barrel draw.At 9:44 a.m. in…

In a release sent to Rigzone recently, Maersk Training announced the opening of a new maritime and safety training facility at Fletcher Technical Community College in Houma, Louisiana. The company stated in the release that this expansion marks a significant milestone in Maersk Training’s commitment to enhancing workforce development, safety, and operational performance in key industries across the Gulf Coast. “By combining world-class training expertise with Fletcher’s strong educational foundation, the facility will equip workers with essential skills and certifications to enhance safety and performance in real-world job settings,” Maersk Training said in the release. “Louisiana serves as an energy…

BOGOTA, Colombia (AP) — At least 11 people have been killed in a landslide in northwestern Colombia, local authorities said on Wednesday, a day after heavy rains unleashed the wall of mud and debris on crowded neighborhoods and buried some dozen homes.Rescue workers continued to dig through the rubble and search for survivors in Colombia’s second-largest city of Medellin and the nearby mountainous town of Bello, where at least 15 people remain missing.Authorities in Bello swiftly transformed schools and community centers, even a swimming pool, into shelters that quickly filled with over 1,300 people who lost or couldn’t access their…

Alberta Premier Danielle Smith played down concerns that the secession movement in her province will scare away investors, saying it’s up to the government of Mark Carney to prove Canada can be a more attractive place for capital.  Polls show a significant minority of Albertans are interested in exploring independence from Canada, partly because they’re frustrated about environmental rules that limit the development of oil and gas. The cancellation of proposed crude oil pipelines including Energy East is the result of federal “anti-investment policies,” Smith said, and she argued Carney must reverse those measures if he wants to tamp down separatism. “They…