Latest

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Latest, Press Releases / By

MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), and Sitio Royalties Corp. (NYSE:STR) (“Sitio”) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 billion, …

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend Read More »

Global Oil Refiners See Short-Term Boost From Higher Margins

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries / By

Summary Global refining margins hit a 14-month high in May Capacity closures in Europe, US, have tightened fuel supply Margins also boosted by summer peak fuel demand, relatively low stocks (Reuters) – Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated …

Global Oil Refiners See Short-Term Boost From Higher Margins Read More »

US LNG Output Declines in May From April’s Record

Conventional Energy, Latest, LNG, US News / By

(Reuters) – U.S. liquefied natural gas output fell in May due to plant outages and maintenance at the country’s largest export facility, preliminary LSEG ship tracking data show. The U.S. is the world’s largest LNG exporter and monthly changes in production can impact global LNG prices. In May the U.S. exported 8.9 million metric tons …

US LNG Output Declines in May From April’s Record Read More »

Subscribe
Subscribe