Despite Oil Plunge, Matador on ‘Treasure Hunt,’ Seeking Deals
Matador Resources, coming off a $1.8 billion Delaware Basin acquisition, still has an appetite for more M&A focused on undeveloped acreage.
US Says There are Significant Undiscovered Oil, Gas Resources in Wyoming
A new federal assessment has identified significant undiscovered, technically recoverable oil and gas resources in parts of Wyoming, Utah and Colorado, the U.S. Interior Department said on May 21.
Glass Half Full: Produced Water Can be Constraint or Growth Driver
Water management strategies from innovative companies address challenges that include operational efficiency, seismicity and water scarcity to take advantage of the reuse of produced water.
ADNOC, Tubacex to Localize Tubular Tech in UAE
ADNOC secured the rights to use Tubacex’s Sentinel Prime tubular joint connection technology to complete oil and gas wells.
Despite Challenges, Major LNG Producers Push New Projects to Feed Global Power Demand
(Reuters) – Producers are pushing ahead with liquefied natural gas projects, banking on urbanisation and the technology sector to drive global power demand and outweigh such challenges as potential oversupply, rising project costs, and tariff uncertainty. LNG is widely seen as a transition fuel on the path to net-zero emissions. Governments worldwide are also prioritising …
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Iraq’s Oil Minister Has ‘Reservations’ About Energy Agreements Signed by Kurdish Region
(Reuters) – Iraq’s oil minister said that the federal government has reservations about energy agreements signed by the semi-autonomous Kurdistan region, after Iraqi Kurdish Prime Minister Masrour Barzani oversaw the signing of two deals with U.S. companies worth a combined $110 billion over their lifetimes. “Agreements and contracts like this should be signed by the …
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Inside the First Stargate AI Data Center
By Shirin Ghaffary, Brody Ford, and Emily Chang OpenAI, Oracle and SoftBank hope that the site in Texas is the first of many across the US. The future home of the first Stargate site in Abilene, Texas. Photographer: Bobby Scheidemann for Bloomberg Businessweek Trucks carrying concrete and electrical wiring plod over red clay, weaving in …
Permian Gas Bottleneck Demands More Takeaway Capacity, Execs Say
Despite a potential flattening of crude production, the natural gas pipeline network in the Permian Basin will keep filling up, according to executives from Kinetik Midstream, Brazos Midstream and Kinder Morgan.
Trump U-Turn on $5 Billion Wind Farm Lifts Ailing Industry
By Kari Lundgren and Will Mathis A rendering of Equinor’s Empire Wind project Photographer: Eirik Hamre Clausen/Equinor The Trump administration’s surprise reversal of an order to halt a $5 billion wind energy project off the coast of New York offered some respite to a beleaguered industry whose future in the US has been in doubt. …
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Global LNG Suppliers Wager That China’s Demand Slump Is Fleeting
China has been the driving force in the global gas market for much of the past decade. Photographer: Dimas Ardian/Bloomberg Global gas giants are betting the current lull in Chinese demand is temporary, and that the country will underpin their multibillion-dollar investments for years to come. China’s gas imports have fallen in 2025, a decline …
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