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ConocoPhillips’ recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.

Saudi Arabia’s government is planning to sell a new stake in state oil giant Aramco that could raise as much as $13.1 billion, a landmark deal to help diversify the economy.

The energy exporting facility will be developed on Ridley Island, British Colombia, on a 190-acre site adjacent to AltaGas and Vopak’s existing propane exporting terminal.

VAALCO Energy drilled four 2.75-miles wells, apparently in the Western Canadian Sedimentary Basin.

After a long permitting process, PGS has secured the last permit needed to begin its large 4D survey contract with Petrobras at the Barracuda-Caratinga field offshore Brazil.

Supply and demand dynamics overtake geopolitical instability from the Middle East to Ukraine in influencing oil prices.

Developed and owned by Priority Power, the facility is expected to lower costs and minimize HighPeak’s greenhouse gas emissions.

Overall, electricity demand is forecasted to be up 3%, and solar power is expected to make up the difference.