Raymond James’ E&P analyst John Freeman last delved into the Delaware Basin in 2023. This year, Permian Resources ranked last when comparing market valuation to core, future well locations.
United Energy Corp. and Power LNG agreed to a merger aimed at developing small-scale liquefaction sites designed for regional demand. The merged company will be named United Energy LNG.
BP named Simon Henry, who was previously the CFO at Shell, as a non-executive director, days after reports of a potential merger with Shell.
The Interior Department’s proposal to combine oil and gas production from multiple leases or reservoirs is intended to boost production in line with President Donald Trump’s energy dominance agenda.
(Reuters) – Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess, according to two sources and an industry analyst, including by preparing a severance program for some Hess workers. The preparations come as both companies await a decision in a legal challenge from larger rival Exxon Mobil that …
Chevron Preps Quick Closing of Hess Deal and Awaits Result of Exxon Dispute Read More »
EnCap Investments and its portfolio companies no longer need to seek Federal Trade Commission approval to make oil and gas deals in the Uinta Basin—a condition imposed during the Biden administration.
The Eastern Panhandle Expansion pipeline will bring 47 MMcf/d to developing areas in West Virginia, TC Energy said.
Faced with shrinking customer bases, rising costs and a slowing market, publicly traded oilfield services firms like SLB, DNOW and DXP are leaning into M&A to gain scale, efficiency and tech advantage.
A consortium led by Exxon Mobil has found a reservoir of natural gas at a prospect off the island’s coast, a Cypriot government spokesperson said on July 7.
Here is a look at some of this week’s renewable energy news, including the start of commercial operations for a 1.2-GWh storage facility.
