Oxy Divests Some Powder River Basin Assets to Anschutz
Occidental Petroleum and Anschutz Exploration confirmed the transaction but didn’t disclosed details as, separately, Powder River Basin operator Peak Resources plans an IPO this week.
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Over 25% of US GoM Oil Offline Due to Post-Tropical Cyclone Rafael
More than 25% of U.S. Gulf of Mexico oil remained offline in the aftermath of post-tropical cyclone Rafael.
US NatGas Prices Hit 25-Year Low at Henry Hub, Negative Territory at Waha
U.S. spot natural gas prices fell on Nov. 11 to a 25-year low at the Henry Hub. At the Waha Hub in West Texas, prices fell into negative territory.
Orion Acquires SCOOP/STACK Interests, Pursuing Permian Deals
Orion Diversified Holding Co. is pursuing negotiations with several oil companies in the Permian Basin to acquire oil and gas assets, the company’s CEO said.
Kissler: Is a Nuclear Power Revival on the Horizon?
With Wall Street and Congress on board, projects may be on the verge of charging forward.
Trump Worries and Leader Absences Cloud COP29 Climate Summit in Baku
The annual U.N. climate summit began on Monday with some prominent leaders planning to skip the event ahead of tough talks on finance and trade, after a year of weather disasters that have emboldened developing countries’ demands for cash. Delegates gathering in Azerbaijan’s capital, Baku, hope to resolve the COP29 summit’s top agenda item – …
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TGS Awards First 3D Streamer Contract for Summer 2025
The contract for TGS’ first 3D streamer acquisition for Northwest Europe’s summer season will begin in May 2025.
US Natgas Prices Soar 10% to 5-Week High on Output Drop, Jump in Demand
U.S. natural gas futures soared about 10% to a five-week high on Monday on a drop in daily output over the past few days and forecast for much cooler weather and more heating demand over the next two weeks than previously expected. That heating demand should cause utilities to start pulling gas out of storage …
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EU’s Von der Leyen Suggests US LNG Could Replace Russian Supply
Commission president spoke to Trump about energy, other topics US is already top source of LNG for the European Union European Commission President Ursula von der Leyen has an idea for reducing the bloc’s consumption of Russian liquefied natural gas: import more from America. That’s among the subjects she mentioned during a recent phone call with US …
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Trump Win Upends the Fight for Climate Cash at COP29
Nearly 200 nations meeting at an annual United Nations summit this week must now consider how to avoid catastrophic climate change without help from the world’s biggest economy. This year’s United Nations’ climate talks were never going to be easy. The world is in the midst of two major wars in Ukraine and the Middle East. COP29, as the summit …
Trump Win Upends the Fight for Climate Cash at COP29 Read More »