Oxy, Other E&Ps Look to Alternative Power Sources for Ops
Oil and gas companies Occidental Petroleum Corp. and Diamondback Energy Inc. are collaborating with fission and fusion power technology companies to power their operations.
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TMX Crude Quality May Hamper Flows from Canada to US West Coast
Companies and industry associations including Canadian Natural Resources Ltd, Chevron and refiner Valero Energy have written to the Canada Energy Regulator (CER) to complain about high vapor pressure limits on the Trans Mountain pipeline.
Analysis: China Prioritizes LNG Regasification as European Demand Wanes
Lower European demand is being countered by a growing LNG market in Asia, according to GlobalData research.
Exxon’s Craig Morford Retires as VP of General Counsel, Secretary
Exxon’s board of directors has elected Jeff Taylor, who joined Exxon in May, to undertake Morford’s role.
Swift Solar, with Backing from Italy’s Eni, Raises Tech Financing
Swift Solar, with backing from Italy’s Eni and others, has raised a total of $44 million for work transforming the solar energy landscape with perovskite tandem solar projects.
Permian To Drive Two-thirds of US Oil Output Growth Through ’25 – EIA
The Permian Basin will drive U.S. oil production growth for the foreseeable future, according to the U.S. Energy Information Administration. But Permian associated gas growth continues to pressure the natural gas industry.
CPX Energy Grows in the Delaware with Farm-in, Development Agreements
CPX Energy also began spudding a three-well pad in the Wolfcamp Shale.
U.S. Crude Oil Imports Rise to Highest Since 2018, EIA Says
U.S. crude oil imports rose last week to their highest since 2018, the U.S. Energy Information Administration said on Wednesday, as volumes from Mexico rebounded and the expanded Trans Mountain pipeline boosted shipments from Canada. Imports of crude oil from Mexico rose by 449,000 barrels per day to 987,000 bpd in the week to June …
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U.S. Natural Gas Prices Slide 2% After Mountain Valley Pipe Startup Approved
U.S. natural gas futures slid about 2% on Wednesday on expectations the startup of the Mountain Valley Pipeline will soon allow more cheap gas from the Appalachia shale basin to flow to markets. Federal energy regulators approved the startup of the Mountain Valley Pipeline from West Virginia to Virginia late Tuesday. Analysts expect the Mountain …
U.S. Natural Gas Prices Slide 2% After Mountain Valley Pipe Startup Approved Read More »
Sixth Street Buys Permian, Anadarko Minerals for $500MM
Oklahoma City’s Echo Minerals sold mineral and royalty acreage in the Permian and Anadarko basins to Sixth Street Partners.