IP rates from Occidental’s wells completed in the Turner bench of the Powder River Basin last year averaged 1,573 boe/d. Oxy also plans to test the Mowry, Parkman and Teapot zones in the Powder.
Williams Cos. says it is taking steps to secure the permits necessary to advance the Constitution Pipeline and Northeast Supply Enhancement projects.
Shell is buying TotalEnergies’ 12.5% interest in two fields offshore Nigeria, with future plans to tie back the Bonga North field to its existing FPSO in the Bonga field.
The transaction is expected to close in third-quarter 2025, subject to the approval of Heliogen’s stockholders as well as customary closing and other conditions.
By Grant Smith Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers. Saudi Energy Minister Prince Abdulaziz bin Salman, who has recently doubled down on a radical OPEC strategy shift. Photographer: Vladimir Simicek/AFP via Getty Images OPEC+ looks set to push more oil onto a fragile …
By Sybilla Gross and Yongchang Chin Goldman Sachs Group Inc. touted gold and oil as hedges against inflation in long-term portfolios, citing the appeal of bullion as a haven amid concerns over US institutional credibility and crude’s ability to protect against supply shocks. Analysts including Daan Struyven said investors with so-called 60/40 portfolios — an …
Goldman Urges Investors to Buy Gold and Oil as Long-Term Hedges Read More »
Fitch Ratings also upgraded the Delaware Basin producer’s corporate credit rating, Matador Resources told investors May 29.
HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that it has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with JERA for offtake from Train 5 at the Rio Grande LNG Facility. Under the terms of the SPA, JERA will purchase 2.0 million tonnes per annum (MTPA) of …
U.S. LNG company Freeport LNG’s export plant in Texas was on track to take in more natural gas on May 29 after a small reduction on May 28, a sign the plant was heading back to full power.
Who knew the three judges at the rather obscure United States Court of International Trade had the power to spark a rally in global stock markets and shove the dollar higher against its safe-haven peers? Early in the Asian trading day, news broke the court had declared President Donald Trump’s April 2 tariffs to be …
MARKETS REACT: Markets Hope Trump Tariffs Stay ‘Unlawful’ Read More »
