Conduit Enters Supply Deal for Power Projects Portfolio
Gruppo AB will supply engines and integration capacity to Conduit Power through a multi-year availability contract.
Coterra, Civitas Win Big in Record New Mexico State Lease Sale
Premium, undrilled inventory in the core of the Delaware Basin was gobbled up in New Mexico’s record-setting state lease sale. Coterra, Civitas and a resurgent Avant Natural Resources were among the winning bidders.
Kinder Morgan Quarterly Profit Jumps on Strong Natgas Demand
By Vallari Srivastava July 16 (Reuters) – Kinder Morgan (KMI.N) posted a 24% rise in second-quarter profit on Wednesday, as higher volumes of natural gas were transported through its pipelines and demand for the company’s infrastructure rose. Pipeline operators such as Kinder Morgan are benefiting from an increase in demand for natgas, primarily driven by …
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Kinder Morgan Sees NatGas Lift in Second Quarter
The midstreamer beat market expectations in its second-quarter 2025 earnings as LNG demand along the Gulf Coast increases.
ProPetro Appoints Caleb Weatherl to CFO
Caleb Weatherl, most recently Garrison Energy’s CEO and board member, has joined ProPetro Holding Corp. as the company’s new CFO.
Aethon Balances Supply-Demand with Haynesville ‘Storage Piece’
Aethon Energy Management’s Gordon Huddleston said the private investment firm has a game plan for its Haynesville asset to balance the natural gas supply-demand equation.
Oil Settles Down; Build in US Fuel Inventories Offsets Signs Demand Growing
By Arathy Somasekhar US crude stockpiles fall, gasoline and distillates build US gasoline demand eases during peak driving season OPEC bullish on oil demand outlook HOUSTON, July 16 (Reuters) – Oil prices settled marginally lower on Wednesday as U.S. fuel inventory builds and concerns about wider economic impact from U.S. tariffs outweighed some signs of …
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Venture Global Signs 20-Year Contract to Supply LNG to Italy’s Eni
By Francesca Landini MILAN, July 16 (Reuters) – Venture Global (VG.N) will supply 2 million metric tons a year of liquefied natural gas to Italian state-controlled energy group Eni (ENI.MI), the two companies said on Wednesday. The deal is Eni’s first long-term contract for LNG coming from the United States after Italian prime minister Giorgia …
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Oilfield Run by US Firm Hit in Drone Attack in Iraqi Kurdistan, Sources Say
BAGHDAD, July 16 (Reuters) – A drone attack struck an oilfield operated by U.S. company Hunt Oil in the Iraqi Kurdish city of Dohuk on Wednesday, security sources said. It was the latest in a series of attacks on oilfields in the semi-autonomous Kurdistan region in recent days. It also marked the second attack on …
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Solar and Wind Groups Seek California Aid After Trump Subsidy Cuts
July 16 (Reuters) – Clean energy companies are asking California leaders for help getting their projects going before changes to federal subsidies in President Donald Trump’s sweeping new tax and spending law make them more expensive and difficult to build. In a letter to California Governor Gavin Newsom and state legislative leaders circulated on Wednesday, …
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