NGP Backs Wing Resources with $100MM to Buy Permian Mineral Interests
Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.
Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.
Midstream company Boardwalk Pipeline is holding an open season for future new capacity on the Texas Gas Transmission pipeline.
Matt Crocker will succeed Karen T. McKee as vice president of Exxon Mobil and president of its product solutions company.
Sanctions, tariffs and production strategies are buffeting crude markets as wild cards like tariffs and geopolitical conflicts make headlines.
U.S. futures rose by a dollar and then turned negative over the course of Trump’s press conference on April 2 in which he announced tariffs on trading partners including the European Union, China and South Korea.
The fifth iterations of Double Eagle Energy and its minerals subsidiary, Tumbleweed Royalty, have received a $2.5 billion equity commitment from EnCap Investments LP—the day the E&P finalized a $4.1 billion sale to Diamondback Energy.
By Amanda Stephenson Construction cost overruns boosted fees for shipping oil on line Regulators will hold hearing on whether higher costs are fair Potential US tariffs may still boost Trans-Mountain’s appeal CALGARY, April 2 (Reuters) – Canada’s Trans Mountain oil pipeline has downgraded forecasts for the amount of oil expected to flow through its system …
Exclusive: Canada’s Trans Mountain Pipeline Lowers Forecasts for Amount of Oil it Ships Read More »
By Bernard Condon Original: financialpost.com/pmn/tesla-sales-drop-13-in-first-quarter-as-elon-musk-backlash-aging-models-hurt-demand Tesla sales fell 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers. The double-digit drop is likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash …
Tesla Sales Tumble 13% as Musk Backlash, Competition and Aging Lineup Turn Off Buyers Read More »
INEOS Energy closed an acquisition of U.S. Gulf assets held by a CNOOC subsidiary. Combined with a previous LNG agreement and acquisition of Eagle Ford Shale assets, the British company has spent $3 billion in the U.S.
(Reuters) – U.S. crude oil and distillate inventories rose while gasoline inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 6.2 million barrels to 439.8 million barrels in the week ending March 28, the EIA said, compared with analysts’ expectations in a Reuters poll for a 2.1 million-barrel draw. …
US Crude and Distillate Inventories Rise, Gasoline Stocks Fall, EIA Says Read More »