RPC Acquires Pintail Completions to Expand Permian OFS Operations
RPC Inc. paid $245 million in cash and other considerations for the wireline service provider.
Pennsylvania City to Turn Coal-Powered Plant into Gas-Fired Data Center Campus
Construction on the Homer City Generating Station is expected to start in 2026.
US Plans to Develop AI Projects on Energy Department Lands
By Timothy Gardner WASHINGTON, April 3 (Reuters) – The administration of President Donald Trump said on Thursday it has identified 16 potential sites on U.S. Department of Energy lands where data centers and power plants supporting the boom in artificial intelligence can be developed. WHY IT’S IMPORTANT Rapid growth in AI is leading to the …
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OPEC+ Unexpectedly Speeds Up Oil Output Hikes, Oil Drops
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler Eight OPEC+ members to hike output by 411,000 bpd in MayOil market had expected May hike of 135,000 bpd Decision may force compliance laggards to step up, analyst says Trump has called on OPEC to lower oil prices LONDON/MOSCOW, April 3 (Reuters) – Eight OPEC+ countries unexpectedly …
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Russia Says U.S. Threats of Military Strikes Against Iran Are Unacceptable
(Reuters) – Russia said on Thursday that threats of military strikes against its ally Iran were unacceptable and warned that attacking the Islamic Republic could lead to potentially catastrophic results if nuclear installations were bombed. U.S. President Donald Trump threatened Iran on Sunday with bombing and secondary tariffs if Tehran did not come to an …
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BKV Applies Refrac Playbook to Potential M&A Targets
BKV Corp. applies its refrac playbook—tried and true in the Barnett Shale—to potential M&A targets as it looks to gain contiguous acreage, Upstream President Eric Jacobson told Hart Energy at DUG Gas.
NatGas in Storage Continues to Rise on Moderate Weather Conditions
The lower 48 U.S. states added 29 Bcf of natural gas to storage for the week ending March 28, slightly higher than market expectations between 25 Bcf to 27 Bcf.
Oil Dives More Than 6%, Steepest Fall in 3 Years on Tariffs, OPEC+ Supply Boost
Oil prices swooned on April 3 to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S. President Donald Trump announced sweeping new import tariffs.
Venture Global Gets Final Approval to Fully Open Calcasieu Pass LNG
Venture Global has FERC permission to put the remaining facilities at its Calcasieu Pass LNG plant into service, placing an unknown status on arbitration hearings with its long-term customers.
BP’s Cypre Development Off Trinidad and Tobago Delivers First Gas
BP Trinidad and Tobago said the Cypre development is projected to deliver approximately 45,000 boe/d at peak.