Berry Comfortable in California with Expansion Plans in Uinta Basin
Berry Corp. has a reliable position in California’s San Joaquin Basin as it begins the second phase of a drilling program in Utah.
BP-EOG JV Delivers First Gas Offshore Trinidad and Tobago
EOG and BP’s Mento development offshore Trinidad and Tobago has safely delivered first gas.
E&P Highlights: June 2, 2025
Here’s a roundup of the latest E&P headlines, including an oil discovery in Norway and a wildfire in Canada shutting in oil-sands operations.
Anti-Renewable Energy Bills Destined for Death in Texas Legislature
Legislation for three anti-renewable energy bills passed in the Texas Senate, but the bills were not scheduled for consideration in the House as this year’s session neared its end June 2.
Formentera Drilling Two More Pearsall Wildcats After Initial Success
In their first 2.5 months online, Formentera Partners’ initial two tests are averaging more than 1,000 boe/d, according to Texas Railroad Commission data.
US LNG Output Declines in May From April’s Record
(Reuters) – U.S. liquefied natural gas output fell in May due to plant outages and maintenance at the country’s largest export facility, preliminary LSEG ship tracking data show. The U.S. is the world’s largest LNG exporter and monthly changes in production can impact global LNG prices. In May the U.S. exported 8.9 million metric tons …
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Port of Corpus Christi Celebrates $625MM Ship Channel Expansion
The Corpus Christi Ship Channel Improvement Project deepens the channel to 54 feet at the nation’s busiest crude export gateway.
Oilfield Services Provider Baker Hughes to Sell Stake in Unit to Cactus
June 2 (Reuters) – Baker Hughes (BKR.O) will sell 65% of its surface pressure control business to a unit of equipment maker Cactus (WHD.N) for $344.5 million, as the oilfield services provider focuses on its core businesses amid volatile oil prices. The companies will form a joint venture to hold the business, they said on …
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Behind OPEC+ Oil Output Hike, Saudi-Russian Tensions Simmer
By Ahmad Ghaddar, Dmitry Zhdannikov and Alex Lawler Saudi Arabia wanted to further speed up oil hikes Russia suggested hikes shall pause Sources say tensions not critical for now For OPEC+ unwinding its cuts, see Explainer LONDON, June 2 (Reuters) – Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on …
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Carney and Canadian Premiers Bid to Speed Up Major Projects, Cut US Reliance
(Reuters) – Prime Minister Mark Carney, seeking to reduce Canada’s economic ties to the United States, on Monday met the heads of the 10 provinces as part of a push to slash the time needed to approve mining and energy projects. It can take a decade or more for a mine or a pipeline to …
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