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Latest News
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80InternationalMorgan Stanley: OPEC+ Fails to Deliver on Output Pledge
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not...
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311Acquisitions
Viper Energy to Acquire Sitio Royalties in $4.1 Billion All-Stock Deal, Expanding Permian Basin Footprint
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it will acquire Sitio Royalties (NYSE: STR) in an...
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125Downstream
Wood Mackenzie’s Global Refinery Closure Outlook to 2035
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand is expected to grow, the long-term outlook for...
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389Oil & Gas News
New Mexico Court Dismisses Oil Pollution Lawsuit
In a surprising legal development, the New Mexico Court of Appeals has dismissed a groundbreaking lawsuit that challenged the state’s enforcement of...
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389Oil & Gas News
Trump Admin Renews Push for Alaska Oil and Gas
The Trump administration is once again turning its attention to Alaska, sending three Cabinet members north this week to support long-stalled oil...
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319International
OPEC+ Countries to ‘Implement Production Adjustment’ of 411K Bpd in July
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman...
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563Oil & Gas News
Texas Court Rules Surface Owns Subsurface Storage Rights
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal gray area in the oil and gas sector:...
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610National
Nocal Data Center Power Demands Jump 40%
Laila Kearney (Reuters) – PG&E (PCG.N), California’s largest electric utility, has seen a jump of more than 40% this year in requests...
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717Oil & Gas News
Oil Companies Battle Costly Surge in Theft
In the heart of West Texas, where the highways stretch for miles and the horizon is dotted with pumpjacks, oil theft is...
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590International
Trump Optimistic on Iran Deal After ‘Very Good’ Rome Talks
by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran over the weekend were “very good,” as he...
