SandRidge Recasts Management with New Chairman, CFO
SandRidge Energy has appointed Vincent Intrieri as chairman to succeed Jonathan Frates, who will transition to the role of executive vice president and CFO.
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Mach Natural Resources Closes Two Midcontinent Deals
Mach purchased assets in the Anadarko and Ardmore basins for a total consideration of $136 million.
Politics Over Returns? Private Equity’s Renewables, Hydrocarbon Challenge
Private equity is a leader in clean energy investment, but it hasn’t been easy.
Plentiful Oil Supply Dampens Industry Reaction to Growing Middle East Conflict
The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how well stocked oil supplies are as U.S. output grows and OPEC+ prepares to lift production. The global oil benchmark Brent jumped 5% on Tuesday after Iran, a key producer and member of the …
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Uinta Railroad Up for Review as Supreme Court Term Begins
Court analysts say a decision on the proposed Uinta Basin railway, coming next year, could have a major impact on the energy industry.
Exclusive: Enbridge’s Next Plans Post Dominion Acquisitions, More LNG
Enbridge’s Allen Capps shares the company’s long term growth solutions, and his optimism on gas prices, following completion of transformational natural gas deals with Dominion, in this Hart Energy Exclusive interview.
BOEM Greenlights Atlantic Shores South Offshore Wind Project
The approval pushes the U.S. closer to its goal of deploying 30 gigawatts of offshore wind energy capacity by 2030.
U.S. Crude Oil Inventories Rise as Refining Activity Dips, EIA Says
U.S. crude oil inventories rose last week as refinery utilization rates fell amid weakening fuel demand, data from the Energy Information Administration showed on Wednesday. Crude inventories rose by 3.9 million barrels to 417 million barrels in the week ended Sept. 27, the EIA said. Crude stocks at the Cushing, Oklahoma, delivery hub rose by …
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Prairie Operating Gets Output, Acreage Boost from Nickel Road M&A
Prairie Operating closed an acquisition of acreage and production in Weld County, Colorado, where the D-J Basin player is drilling its first Niobrara horizontals.
Ovintiv to Divest Permian Assets Amidst M&A Rumors
Ovintiv is marketing assets in the Permian Basin amidst rumors that the Denver-based E&P is looking to join in on the M&A frenzy.