‘Winning Formula’: BKV’s CCS, Power Businesses Gain Momentum
BKV is counting on a ‘winning formula’ of natural gas and carbon capture and storage to service the growing power needs of data centers.
Iran Ready for Possible Oil Export Curbs after Trump Election
Iran has made plans to sustain its oil production and export and is ready for possible oil restrictions from a Trump administration in the U.S., Oil Minister Mohsen Paknejad said on Wednesday, according to the oil ministry’s news website Shana. In 2018, then-U.S. President Donald Trump withdrew from a 2015 nuclear pact with Iran and …
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Coterra Energy to Buy Oil and Gas Assets for $3.95 billion
U.S. oil and gas producer Coterra Energy said on Wednesday it would acquire certain assets of Avant Natural Resources and its affiliates and Franklin Mountain Energy in New Mexico for an aggregate consideration of $3.95 billion in cash and stock deals. The transactions are expected to close during the first quarter of 2025. The company …
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Coterra to Acquire Permian Assets from Franklin, Avant for $3.95B
Coterra made its long-awaited move to grow dramatically in the Permian, moving on large portions in New Mexico’s Delaware Basin.
Biden Officials Ask EU to Align Methane Rules with US to Ease LNG Flows
Summary Biden administration seeks EU alignment on methane standards for LNG imports EU law to impose methane limits on oil and gas imports from 2030 Trump plans to reverse Biden’s methane regulations BAKU, Azerbaijan, Nov 13 (Reuters) – President Joe Biden’s administration has asked the European Union to ensure liquefied natural gas shipments that meet …
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Exxon CEO Pushes Back on Trump’s Anti-Climate Change Agenda
Bloomberg News The chief executive of Exxon Mobil Corp. on Tuesday discouraged President-elect Donald Trump from withdrawing the US from the landmark Paris climate pact, arguing that would mean forfeiting a chance to push for “common sense” carbon-cutting policy on the world stage. “The way you influence things is to participate, not to exit,” Darren Woods said in an interview during …
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Trump’s Cabinet: Who’s Been Picked, Who’s in the Running?
Donald Trump has begun the process of choosing a cabinet and selecting other high-ranking administration officials following his presidential election victory. Here are the early picks and top contenders for some of the key posts overseeing defense, intelligence, diplomacy, trade, immigration and economic policymaking. Some are in contention for a range of posts. SUSIE WILES, …
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NatGas Pundits Pitch Fossil Fuel Reliability to Meet Needs of Big Tech
Executives from CNX Resources, AMP and Hines say natural gas has what it takes to meet growing electricity needs of data centers.
Exxon to Sell Older Permian Assets to Hilcorp in $1B Deal, Sources Say
Reuters reported in June that Exxon was auctioning the assets to focus on higher growth shale drilling properties, following the completion of its $60 billion takeover of Pioneer Natural Resources in May.
US Oil Industry Urges Trump to Ditch Biden Climate Policies
By Nichola Groom Nov 12 (Reuters) – The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden’s policies aimed at fighting climate change, saying the measures threaten jobs, consumer choice and energy security. The American Petroleum Institute (API), the nation’s top oil and gas trade …
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