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BP has appointed Albert Manifold to succeed Helge Lund as chair of the company.

Central European Petroleum discovered one of Europe’s largest conventional oil deposits in a decade. The offshore Poland find more than doubles the country’s current estimated oil reserves.

Mach Natural Resources is betting $787 million on the San Juan’s next gas boom. E&Ps like IKAV and LOGOS are pushing deeper with 2.5- and 3-mile Mancos wells as the basin enters a new era of horizontal drilling, Mach CEO Tom Ward said in an exclusive interview.

Xcel Energy plans to build 17 projects using wind, solar, battery and gas.

To date, roughly 290,000 horizontals have been landed in tight rock in the Lower 48 and 270,000 locations remain, Mizuho Securities USA analyst and managing director Nitin Kumar found in a recent study.

Hess Midstream LP has appointed new members to its board of directors following the close of the merger between its parent company Hess Corp. and Chevron Corp.

Occidental sees its Powder River asset as a rare, 150,000 acre “blank slate,” a chance to apply decades of shale know-how. By bringing Permian and D-J Basin lessons to Wyoming, Oxy aims to unlock the Powder’s stacked pay at full potential.  

BKV Corp. plans to start the project’s operations in 2027, targeting 70,000 metric tons of CO₂ annually for permanent sequestration.

For the upcoming week, Stratas Advisors expect that the price of Brent crude oil will remain below $70 with downward pressure from supply and demand factors.

Activist investor and one of BP’s largest shareholders, Elliott Investment Management, called on BP to address the company’s shortcomings.