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The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.

BPX Energy, BP’s Houston-based subsidiary, plans to bring on its fourth and last Permian Basin processing facility mid-year 2024, CEO Murray Auchincloss said.

While Brazil and Guyana aren’t necessarily competing to see which country can produce more oil, Petrobras’ CEO Jean Paul Prates jokingly said Brazil was winning, while adding that Bolivia’s falling production was an opportunity for Argentina.

Pembina Pipeline has approval from the Toronto Stock Exchange to purchase up to 5% of its outstanding common shares.

The directive quadruples the tariff rate on electric vehicles from 25% to 100%, and the tariff rate for solar cells doubles to 50%.

Alex Volkov is currently the transition executive tasked with planning the integration of Pioneer Natural Resources and Exxon Mobil.

Armand Lumens most recently served as the group CFO of Neptune Energy, where he helped develop the company’s financial and IT strategies.

The Trans Mountain Pipeline’s toll structure has too much “uncertainty,” said Pembina CFO Cameron Goldade on an earnings call.

Repsol would keep more than 50% of the unit in a transaction that could involve the investor injecting new money into the business, the sources said.