CNOOC Makes Oil, Gas Discovery in Beibu Gulf Basin
CNOOC Ltd. said test results showed the well produces 13.2 MMcf/d and 800 bbl/d.
Baker Hughes, Woodside Partner to Scale Net Power Platform
Net Power’s platform uses natural gas to generate power while capturing nearly all CO2 emissions, Baker Hughes said in a news release.
Amplify Updates $142MM Juniper Deal, Divests in East Texas Haynesville
Amplify Energy Corp. is moving forward on a deal to buy Juniper Capital portfolio companies North Peak Oil & Gas Holdings LLC and Century Oil and Gas Holdings LLC in the Denver-Julesburg and Powder River basins for $275.7 million, including debt.
Trade War! Or Maybe Not
An energy industry that prefers stability attempts to adjust to the Great Disruptor taking over the White House.
Ring Sells Non-Core Vertical Wells as it Closes in on Lime Rock
Ring Energy Inc. said it sold non-core vertical wells with high operating costs as it works to close an acquisition of Lime Rock Resources IV’s Central Basin Platform assets.
Mexico Won’t Have to Pay Tariffs on USMCA Goods Until April 2, Trump Says
President Trump paused tariffs on Mexico—again—this time for one month.
New Yorkers Stressed by Prices Now Face Higher Electricity Bills
A Consolidated Edison power plant in New York.Source: Education Images/Getty Images By Arvelisse Bonilla Ramos, Josh Saul, and Augusta Saraiva No one expects New York City living to come cheap. But even as rents soar across the five boroughs and egg prices can top $10 per dozen, residents now face the prospect of another cost …
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Canada Won’t Scrap Tariffs Unless All US Levies Are Lifted, Official Says
By Brian Platt Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official. Trudeau’s government is cool to the idea of a “middle ground” settlement in the trade war floated by …
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Google, SLB, Project Innerspace Form Geothermal Partnership
The geothermal partnership between Google Cloud, SLB and Project Innerspace takes shape as energy demand surges, driven in the U.S. by data center growth, the rise of electrification and an increase in manufacturing activity.
Venture Global Shares Slump on Downbeat Annual Core Profit Outlook
March 6 (Reuters) – Venture Global’s (VG.N) shares on Thursday slumped to its lowest level since its debut as the LNG producer forecast its 2025 core profit below Wall Street expectations. Shares of the company fell as much as 22.5% to $11.02 in morning trade as it forecast adjusted core profit between $6.8 billion and …
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