By: Stephen Cunningham – Rystad Energy – Private equity is finally seeing some upside from shale investments, after treading water for the...
By: Michael Lynch – Forbes – Production of oil and gas from shale has been a modern marvel, and one that has...
By: Robert Tuttle – Bloomberg – Maine became the first U.S. state to enact a law requiring divestment from fossil fuels, after...
By: Jack Money – The Oklahoman – An oil and gas company claims in a lawsuit filed last week that a representative...
By: Amy R. Sisk – The Bismark Tribune – North Dakota has ranked as the nation’s second-biggest oil producer for nine years,...
By: Ron Bousso, Jessica Resnick-Ault, David French – Reuters – The sale could be for part or all of Shell’s position in...
By: Joshua Mann – Houston Business Journal – Houston-based Occidental Petroleum Corp. (NYSE: OCY) is continuing its divestment campaign with a new...
By: Erika Stanish – FOX25 – The Oklahoma State Treasurer announced the state’s economy is “rapidly emerging” from the COVID-19 pandemic. Oklahoma...
By: Jack Money – The Oklahoman – A guilty plea in federal court submitted by a former Continental Resources employee is related...
By: Alex Lawler – Reuters – Oil jumped to a two-year high above $72 a barrel on Monday, extending this year’s rally...
The companies announced Sept. 26 that Chesapeake Energy’s $7.4 billion merger with Southwestern Energy is expected to close in the first week of October, with the combined company renamed Expand Energy Corp.
The two natural gas players said they had cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Expand Energy will become the largest gas producer in the U.S. with its massive, dual footprints in both the Appalachia and Haynesville shale plays.
The all-stock acquisition of Southwestern by Chesapeake was first announced in January, but additional scrutiny and information requests by the Federal Trade Commission caused some delays. The new Expand name was only announced on Sept. 26.
OPEC+ is not currently discussing any changes to its oil production plan, which includes adding supply to the market starting in December 2024. This plan was initially set to begin in October but was delayed due to a crash in oil prices in August and September. Russia's Deputy Prime Minister Alexander Novak stated that all OPEC+ members fully comply with their agreed output quotas.
Saudi Arabia is reportedly determined to increase production from December 1, aiming to regain market share lost during its recent large output cut. This marks a significant policy shift for the kingdom, which is now willing to accept short-term price and revenue declines to achieve this goal.
The Saudi strategy represents a departure from its unofficial $100 oil price target, prioritizing market share over price maintenance. This change in approach could have significant implications for global oil markets and prices in the coming months.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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