Permian Trends Continue to Point to Crude Growth
Smaller, more creative M&A deals are becoming the standard in the Permian’s Midland and Delaware basins, an Enverus analyst says.
Permian Trends Continue to Point to Crude Growth
Smaller, more creative M&A deals are becoming the standard in the Permian’s Midland and Delaware basins, an Enverus analyst says.
Long-Debated Alaskan NatGas Project Comes Into Focus
Pantheon Resources steps up with proposal to bring natural gas to the southern part of the state.
Long-Debated Alaskan NatGas Project Comes Into Focus
Pantheon Resources steps up with proposal to bring natural gas to the southern part of the state.
Expand Energy Announces $500MM Tender Offer for 2026 Notes
Expand also issued a conditional notice of redemption for all of its outstanding 8.375% Senior Notes due 2028.
Supermajors Ramp Up Biofuel Investments, Rystad Says
Between BP, Chevron, Shell, TotalEnergies, Exxon Mobil and Eni, the projects could add 286,000 bbl/d of production capacity, Rystad analysts said.
US Natgas Prices Climb 4% to 5-Month High on Colder Forecast, Jump in LNG Feedgas
(Reuters) – U.S. natural gas futures climbed about 4% to a five-month high on Wednesday on forecasts for colder weather over the next two weeks than previously expected, which should cause utilities to start pulling gas out of storage to meet rising heating demand around the U.S. Thanksgiving day holiday next week. In addition, the …
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US Crude Stocks and Gasoline Inventories Rise, Distillate Stocks Fall, EIA Says
(Reuters) – U.S. crude stocks and gasoline inventories rose while distillate stockpiles fell in the week ending November 15, the Energy Information Administration said on Wednesday. Crude inventories rose by 545,000 barrels to 430.3 million barrels last week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 138,000-barrel rise. Crude stocks …
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US Gulf Coast Crude Oil Imports Rise to Over Four-Year High, EIA Says
(Reuters) – U.S. Gulf Coast commercial crude oil imports rose to 2 million barrels per day (bpd) last week, the highest since July 2020, data from the U.S. Energy Information Administration showed on Wednesday. The data, which excludes purchases made for the country’s Strategic Petroleum Reserve, showed Gulf Coast crude oil imports rose by about …
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OPEC+ May Stick With Deep Oil Cuts for Longer Due to Weak Demand
(Reuters) – OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some members want to pump more, sources and analysts said. The Organization of the Petroleum Exporting Countries and its allies …
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