ONEOK’s 155-Mile Line Escapes Fed Oversight Over 1,000-ft Link
Federal judges rejected environmental groups’ push for full federal oversight of ONEOK’s Permian-to-Mexico natural gas Saguaro Connector pipeline project.
SLB Acquires Software Company Stimline Digital
SLB has acquired Stimline Digital AS, an energy software company focused on well intervention, and plans to integrate its Idex AI platform to its offerings.
Freeport LNG Export Plant in Texas Back in Service on Monday, LSEG Data Shows
Freeport LNG looks to have exited an outage over the weekend upon taking in more volumes of natural gas on Aug. 4.
BP Makes Its Largest Oil, Gas Find in 25 Years
The exploration well hit an estimated 500-m hydrocarbon column in a high-quality presalt carbonate reservoir with an areal extent of more than 300 sq km, BP said in a news release.
Energy Tech Firm Lummus Confidentially Files for US IPO Amid Trump’s Domestic Push
Energy solutions company Lummus Technology has confidentially filed for an IPO in the U.S. the Trump administration’s push to enhance domestic energy production.
What’s Affecting Oil Prices This Week? (Aug. 4, 2025)
Stratas Advisors expects crude prices to be under pressure with OPEC+ agreeing to increase production by 547,000 bbl/d in September.
Pembina Enters Canadian LPG Export Deal with AltaGas
Pembina Pipeline secured 30,000 bbl/d of LPG export capacity at AltaGas’ Ridley Island Propane Export Terminal and its future Ridley Island Energy Export Facility.
The Backstory: EnCap Investments’ Return to the Uinta
The new, all-Republican Federal Trade Commission has ended a Biden-era ruling that virtually prohibited EnCap Investments and its portfolio companies from doing deals in the Uinta Basin.
Goldman Keeps Brent Oil Forecast, but Flags Downside Risks to Demand
Goldman Sachs on Sunday reiterated its oil price forecast with Brent averaging $64 per barrel in the fourth quarter of 2025 and $56 in 2026, but expects an increasing range of risks to its baseline estimates from recent developments.“Increasing pressure on Russia and Iran sanctioned oil supply poses an upside risk to our price forecast, …
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Malaysia Agrees to Boost Tech, LNG Purchases From U.S. as Part of Trade Deal
(Reuters) – Malaysia will spend up to $150 billion in the next five years to buy equipment from U.S. multinationals for its semiconductor, aerospace and data centre sectors, part of a deal with Washington to cut tariffs, its trade minister said on Monday. The United States announced last week that it would impose a 19% tariff on …
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