(Reuters) – Germany’s domestic gas production fell 2.3% to 4.2 billion cubic metres in 2024 while oil output was stable at 1.6 million metric tons, industry association BVEG said on Thursday. The BVEG companies achieved a turnover of 2.4 billion euros ($2.7 billion) from their German production activities, down from 3 billion euros a year …
German Gas Output Falls 2.3% in 2024, Oil Stable Read More »
(Reuters) – Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 billion including debt, three people familiar with the matter said. Brazos moves natural gas, natural gas liquids and oil from the wellheads of five Texas …
Morgan Stanley Infra Partners Eyes $2 billion Permian Pipelines Sale, Sources Say Read More »
Offshore wind developer Ørsted appoints Amanda Dasch as chief development officer and Godson Njoku as chief generation officer, effective May 1.
By Grant Smith Ed Miliband during the International Summit on the Future of Energy Security in London. Photographer: Chris J. Ratcliffe/Bloomberg At this week’s flagship international summit on energy security, the clashing visions of the US and its allies were on full display. Beginning with the event’s hosts — the International Energy Agency and the …
US Clashes With Allies on Energy Security Vision at IEA Summit Read More »
X2 Resources, led by the team behind XCL Resources, is targeting $500 million to multibillion-dollar acquisitions across “premier” oil and gas basins with backing from EnCap and other investors.
ONEOK’s President and CEO Pierce Norton talks about his rapidly expanding company and the M&A grocery list the midstream company uses to explore additional growth opportunities.
Midstream giants Williams and Enbridge have deployed better equipment and AI to ensure more fuel gets to where it’s supposed to go.
CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This …
Precision Drilling Announces 2025 First Quarter Unaudited Financial Results Read More »
Oilfield services companies say they’re navigating short-term uncertainty and maintaining long-term confidence while tariffs and increased OPEC production could increase costs up to 4% onshore and 14% offshore.
Beyond Speed to True Value
