Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12-month period for every $10 per barrel decline in oil prices when Brent crude is above $70. The Wall Street bank estimates 2026 non-OPEC+ supply growth to decrease from 1.05 mb/d to …
Goldman Sachs Expects Non-OPEC+ Production Growth to Slow With Decline in Brent Prices Read More »
Buyer interest for Haynesville gas inventory is strong, according to Jefferies and Stephens M&A experts. But with little running room left in the Haynesville, buyers are searching other gassy basins.
Iris Jancik, the CEO of International Battery Metals, said the company is working with large E&Ps and majors, including Exxon Mobil and Occidental Petroleum, to explore lithium extraction projects.
Here’s a roundup of the latest E&P headlines, from an oil find in western Hungary to new gas exploration licenses offshore Israel.
This is the kind of integrity we need from industry—and from Congress. By Alex Epstein 28 energy leaders just called for the elimination of all IRA subsidies—even ones that benefit their companies. This is the kind of integrity we need from industry—and from Congress. The full letter is below (PDF here). Please share this with your Congressmen! Dear Chairman …
Elliott Investment Management-backed Validus Energy continues to roll up Midcontinent assets, closing an $850 million acquisition of 89 Energy III.
The incident has slashed gas usage at Freeport LNG’s plant, which can process up to 2.4 Bcf/d of gas, to 450 MMcf/d from previous expectations of almost 1.8 Bcf/d, according to LSEG data.
Newly formed Longview Infrastructure will partner with Stonepeak as electric demand increases from data centers and U.S. electrification efforts.
In 2024, U.S. refineries produced a record 659.837 MMbbl of jet fuel, which accounted for about 11% of total refinery yields.
Venture Global continues to ramp up production after an early winter startup.
