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California’s Trio Petroleum will acquire producing wells in the Lloydminster, Saskatchewan heavy oil region in a deal valued at roughly $1.38 million.

Fresh off announcing a deal with UAE’s Mubadala Energy, Kimmeridge’s Ben Dell phoned Hart Energy from Abu Dhabi to discuss returning international interest in U.S. natural gas.

Approximately 85% of Prairie’s remaining 2025 daily production is locked in at $68.27/bbl WTI and $4.28/MMBtu Henry Hub as part of a strategic hedging program, the company said.

Energy Information Administration price estimates for 2025 and 2026 are bad news for producers—if they come to pass—as breakeven prices for operators, even in the Permian Basin, require between $61/bbl and $62/bbl to remain profitable.

The U.S. said on April 10 it will no longer require an environmental impact statement for thousands of oil and gas leases across the U.S. 

Senators Lisa Murkowski of Alaska, John Curtis of Utah, Jerry Moran of Kansas and Thom Tillis of North Carolina are asking Congressional leadership to preserve energy tax credits included in the Biden-era Inflation Reduction Act. 

Oil prices fell by nearly $3/ bbl on April 10, wiping out the prior session’s rally, as investors reassessed the details of a planned pause in sweeping U.S. tariffs and focus shifted to a deepening trade war between Washington and Beijing.

Madison Gas and Electric and WEC Energy Group subsidiaries are purchasing solar and battery storage capacity from Wisconsin’s 300-MW High Noon Solar Energy Center.

Oil industry lobbyist Kathleen Sgamma has withdrawn herself from consideration to lead the U.S. Bureau of Land Management.