Marketed: Delta Minerals Non-producing Sale in Colorado
Delta Minerals LLC has retained EnergyNet for the sale of non-producing minerals in Bent, Cheyenne and Kiowa counties, Colorado.
U.S. Oil Executive Censure Puts Spotlight on Shale-OPEC Meetings
A U.S. regulator’s censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting Countries (OPEC) group of oil producers has put a spotlight on dinners attended by dozens of shale executives. The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from …
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Phillips 66 Weighs Divestments, Targets Renewable Fuel Increase
Phillips 66 looks to boost renewable fuels production by 67% through the end of the second quarter 2024 at its Rodeo complex in San Francisco while weighing a potential divestiture of its retail marketing businesses in Austria and Germany.
Chouest Acquires ROV Company ROVOP to Expand Subsea Capabilities
With the acquisition of ROVOP, Chouest will have a fleet of more than 100 ROVs.
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
U.S. Natgas Prices Jump 5% on Higher Demand Forecast, Lower Output
U.S. natural gas futures jumped about 5% on Thursday on a continued drop in output and forecasts for more demand next week than previously expected due to an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants. The price rise came even though last week’s storage build was slightly bigger …
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NuStar Energy Unitholders Approve Merger with Sunoco
The transaction is expected to close on or about May 3, in which NuStar Energy LP will merge with and into a merger subsidiary of Sunoco LP.
US Appeals Court Upholds FERC Approvals for Gas Pipeline Expansion
A unanimous three-judge panel of the U.S. Circuit Court of Appeals for the D.C. Circuit held that the Federal Energy Regulatory Commission was right to determine the Evangeline Pass Expansion Project is functionally separate from four related gas infrastructure developments being developed independently.
Shell Launches $3.5 Billion Share Buyback Program
Shell, which posted first-quarter adjusted earnings of $7.7 billion, will cancel all of the shares it buys.