Crude Times: Texas' Oil Slide & TotalEnergies' Global Tango

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Lone Star Stories

• Crude Times: Texas' Oil Slide & TotalEnergies' Global Tango

Amidst strengthening treasury yields, the energy sector faces downturn influenced by a continuous decrease in WTI and Brent crude oil futures for four days due to various factors, including Turkey's decision to restart a previously suspended pipeline from Iraq.

• Old Train Tracks, New Green Trails: Texas Railroad Commission Springs a Leak and Updates

After almost 40 years, Texas' Railroad Commission is updating Statewide Rule 8 to better align with contemporary waste management and production advancements, emphasizing their commitment to groundwater protection and environmental stewardship.

Reader Question of the Day

How are oil companies collaborating with research institutions to drive innovations in enhanced oil recovery (EOR) techniques?

Oil companies and research institutions are teaming up like superheroes to boost oil recovery. These collaborations often involve oil companies funding research projects at universities or labs. In return, they get fresh ideas and cutting-edge techniques to extract more oil. It's like pairing a wise old wizard with a young innovator, combining experience with new thinking.

Together, they test new materials, experiment with different methods, and use advanced technology to improve Enhanced Oil Recovery (EOR). These joint efforts lead to breakthroughs that might not happen if they worked alone. By sharing knowledge and resources, they're pushing the boundaries of what's possible, ensuring we get the most out of every oil reservoir. It's teamwork at its best.

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