Exxon Sits on Undeveloped Haynesville Assets as Peers Jockey for Inventory
Exxon Mobil still quietly holds hundreds of locations in the Haynesville Shale, where buyer interest is strong and inventory is scarce.
A Pipeline Company Filed Hundreds of Lawsuits Against Landowners. Now its Project is Threatened
MANSFIELD, S.D. (AP) — Jared Bossly was planting soybeans one spring night in 2023 on his 2,000-acre farm in South Dakota when he spotted a sheriff’s vehicle parked at the corner of his property. He had a hunch it wasn’t a social visit. “I’m like, ‘Well, I doubt he’s just being a friendly neighbor, giving …
The New Minerals Frontier Expands Beyond Oil, Gas
How to navigate the minerals sector in the era of competition, alternative investments and the AI-powered boom.
SBM Offshore Signs $400MM Sale and Leaseback for FPSO Cidade de Paraty
SBM Offshore holds a 63.125% interest in FPSO Cidade de Paraty, located offshore Brazil.
US Refiners UNLIKELY to Spend Big to Process More Domestic Oil
*Light US crude requires a different configuration at refineries *Changing refinery setup can be a lengthy and expensive process *Running different crude types impacts refinery yields, margin By Arathy Somasekhar U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources …
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Excelsior Closes Second Fund with $1B in Commitments
Excelsior Renewable Energy Investment Fund II surpassed its original capital commitment target of $750 million.
US Crude Oil and Refined Product Inventory Update – William Lacey
Oh…Happy Liberation Week! I think I finally understand what Liberation Day stood for. The liberation of all of my savings from me. Hooray! I didn’t want it anyway… Now, on to our regularly scheduled programming. Yesterday the API reported that crude oil and refined products both saw a net draw on stock levels, showing a …
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Soluna Targets Bitcoin Mining, AI with New Wind-Powered Data Center
Soluna Holdings’ data center project, called Project Hedy, will be developed in two 60-MW phases in Texas and co-located with a wind farm.
US Crude Stockpiles Rise as Exports Hit Jan Lows, EIA Data Shows
(Reuters) – U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and distillate inventories drew down, the Energy Information Administration said on Wednesday. Crude inventories rose by 2.6 million barrels to 442.3 million barrels in the week ended April 4, the EIA said, compared …
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US Producers Face Tough Choices on Growth, Capital Returns as Oil Falls Below $60
(Reuters) – A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on measures including cuts to share buybacks and capital expenditures, analysts have said. Brent crude and West Texas Intermediate (WTI) futures slid to their …
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