EOG Resources Wildcatting Veteran Billy Helms to Retire
Joining an EOG Resources predecessor in 1981, Helms is among the pre-1986-oil-bust generation who later found success in shale.
Summit Midstream Launches Double E Pipeline Open Season
The Double E pipeline is set to deliver gas to the Waha Hub before the Matterhorn Express pipeline provides sorely needed takeaway capacity, an analyst said.
Exclusive: Liberty CEO say World Needs to Get ‘Energy Sober’
More money for the energy transition isn’t meaningfully moving how energy is being produced and fossile fuels will continue to dominate, Liberty Energy Chairman and CEO Christ Wright said.
Dominion Energy Grows Virginia Solar Energy Portfolio
Dominion Energy will own or acquire four Virginia solar projects, which have a total capacity of 329 megawatts, the company says.
Russia’s Arctic LNG 2 Suspends Gas Liquefaction Amid Sanctions, Lack of Tankers
Novatek, Russia’s largest producer of liquefied natural gas (LNG), has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers, two sources familiar with the matter told Reuters on Tuesday. The project had been hoping to start commercial deliveries in the first quarter of this year. But plans …
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BKV CEO Chris Kalnin says ‘Forgotten’ Barnett Ripe for Refracs
The Barnett Shale is “ripe for fracs” and offers opportunities to boost natural gas production to historic levels, BKV Corp. CEO and Founder Chris Kalnin said at the DUG GAS+ Conference and Expo.
Mitsubishi Makes Investment in MidOcean Energy LNG
MidOcean said Mitsubishi’s investment will help push a competitive long-term LNG growth platform for the company.
Kodiak Gas Services Closes $850MM Deal for CSI Compressco
Kodiak Gas Services’ acquisition of CSI Compressco was financed as an all-equity transaction valued at approximately $854 million, including assumption of $619 million in debt.
Phillips 66 Reaches Milestone at San Francisco Bay Area Refinery
By the end of second-quarter 2024, Phillips 66 aims to have the complex finished and producing more than 50,000 bbl of renewable fuels.
U.S. Energy Sector Consolidation Trend Continues in 2024
The $250-billion consolidation wave that swept through the US energy sector in 2023 has continued into 2024, with experts anticipating further transactions as energy firms aim to improve inventory longevity while minimising costs. The majority of energy executives polled in December by the Federal Reserve Bank of Dallas expected more oil deals worth $50 billion …
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