EnCap Portfolio Company to Develop NatGas Hub with DRW Energy
EnCap Flatrock Midstream portfolio company Vecino Energy Partners LLC and DRW Energy Trading LLC will be developing an intrastate natural gas storage hub together.
Opportune Adds Jade Wang as Principal in Oil, Gas Practice
Jade Wang will focus on growing advisory firm Opportune’s service lines in upstream, midstream and energy components.
Enverus releases 2025 Global Energy Outlook
AUSTIN, Texas (Jan. 21, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its 2025 Global Energy Outlook, an e-book focused on pivotal North American and international energy landscape trends and opportunities expected this year. Enverus Intelligence® Research (EIR) experts believe the intersection of power and gas will …
Analysts’ Oilfield Services Forecast: Muddling Through 2025
Industry analysts see flat spending and production affecting key OFS players in the year ahead.
E&P Highlights: Jan. 21, 2025
Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.
Extreme Cold and Record Snowfall to Test Texas Power Grid
Deep freeze threatens transportation and energy across the US Electric grids brace for surging demand as temperatures drop A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep freeze that endangers oil and natural gas output and electrical grids. Snow and sleet began falling Monday …
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Aramco Chief Expects Additional Oil Demand of 1.3 Million Bpd This Year
Summary • Will wait and see impact of sanctions on Russia tankers • Kingdom takes market balance into account when setting output • Looking to expand LNG position globally (Reuters) – Saudi oil giant Aramco’s Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million …
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Oil Falls as Traders Digest Trump Tariff Reprieve, Stronger Dollar
Summary • Trump says he is considering 25% tariffs on Mexico and Canada from February • President declares sweeping plan to maximise US oil production • U.S. will “probably” stop buying Venezuelan oil, Trump says (Reuters) – Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump’s plans to apply new tariffs later …
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Trump’s Energy Actions on His First Day
(Reuters) – U.S. President Donald Trump issued a flurry of orders within hours of his inauguration on Monday intended to boost the nation’s already record-high oil and gas production and unwind former President Joe Biden’s climate agenda. Here are some of the actions Trump took on his first day: ENERGY EMERGENCY Trump declared a national …
Trump Says He Will Stop Leasing Federal Land for Wind Farms
Trump has long criticized turbines as bird-killing eyesores President Donald Trump ordered a broad assault on US offshore wind development Monday, including a freeze in permitting the massive renewable power projects despite warnings from developers it imperiled jobs from coast to coast. Trump also ruled out the sale of new wind leases across all of the nation’s …
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