Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.

Mitsubishi Power is looking at a “realistic timeline” as the company scales projects centered around the “versatile molecule,” Kai Guo, the vice president of hydrogen infrastructure development for Mitsubishi Power, told Hart Energy’s Jordan Blum at CERAWeek by S&P Global. 

Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire.

The U.S. Office of Foreign Assets Control issued a new license related to Venezuela that gives companies until the end of May to wind down operations following a lack of progress on national elections.

Tech giant Google has partnered with its peers and several renewable energy companies, including startups, to ramp up the presence of renewables on the grid.

Energy data companies PGS and TGS said their merger has received approval by Norwegian authorities and remains under review by the U.K. Competition Market Authority.