KeyBanc analysts expect an “imminent” Diamondback Energy dropdown to Viper Energy and at least a couple of $500 million deals by public mineral and royalty companies in 2025, with Sitio Royalties a likely acquirer.
Atlas Energy Solutions’ 42-mile Dune Express fully electric conveyor system delivered its first commercial load of proppant sand from Texas to New Mexico on Jan. 12.
U.S. integrated midstream infrastructure company Plains All American Pipeline on Jan. 13 priced a $1 billion investment-grade bond offering, the year’s first to finance an acquisition.
Laura Lane will succeed Al Williams in overseeing Chevron Corp.’s government affairs, communication and social investment activities.
(Reuters) – The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG’s export plant in Texas was on track to fall to a one-month low on Monday, according to data from financial firm LSEG. Freeport LNG is one of the most closely watched LNG export plants in the world because …
US NatGas Flows to Freeport LNG Export Plant in Texas Reduced – LSEG Data Read More »
$640 million purchase includes 270 MMcf/d processing plant and rich gas header system strategically located in Williston Basin, North Dakota HOUSTON–(BUSINESS WIRE)–Kinder Morgan, Inc. (NYSE: KMI) today announced that its subsidiary, Hiland Partners Holdings LLC, has agreed to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for $640 …
By Jonathan Saul Around 10% of the global tanker fleet hit by US sanctions Tanker rates rising as non-sanctioned ships in demand China’s Shadong port bans tankers hit by US sanctions – traders LONDON, Jan 13 (Reuters) – At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China …
Dozens of Oil Tankers Drop Anchor After Latest US Sanctions Bite Read More »
Jan 13 (Reuters) – Southern California Edison, a unit of utility firm Edison International (EIX.N), on Monday was sued on claims that its electrical equipment started one of the major wildfires raging in the Los Angeles area, according to court filings. At least 24 people have died in the fires that began last Tuesday, and …
Southern California Edison Sued Over Role of Equipment in LA Wildfires Read More »
Jan 13 (Reuters) – The U.S. Treasury announced on Friday sweeping new sanctions against the Russian energy sector, including oil majors Gazprom Neft (SIBN.MM) and Surgutneftegaz (SNGS.MM), to try to curtail Moscow’s ability to fund its war with Ukraine. The sanctions also target over 180 tankers and dozens of oil traders, oilfield service providers, insurance …
Reactions to New US Sanctions Against Russian Energy Interests Read More »
Venture Global is expected to pitch its IPO to investors by Jan. 17 to rival the largest energy IPOs on record.
