Now known as Caturus, Kimmeridge’s E&P unit produces 600 MMcfe/d net from the Eagle Ford, while its 1.25 Bcf/d LNG development south of Lake Charles, Louisiana, is expected to reach a final investment decision later this year.
Aug 7 (Reuters) – Utility Talen Energy reported a fall in second-quarter profit on Thursday, hurt by higher energy purchase costs and maintenance expenses associated with a refueling outage at its Susquehanna nuclear facility. In May, the utility identified extra maintenance work in Unit 2 of the Susquehanna facility that had already been placed under a planned outage …
Talen Energy Quarterly Profit Falls on Higher Expenses, Susquehanna Outage Read More »
(Reuters) – Kuwait’s oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump’s recent remarks on Russian oil. “Through OPEC, we are monitoring the market in terms of supply and demand, and we are monitoring the U.S. President’s statements,” Al-Roumi told reporters, adding …
Kuwait Oil Minister Says OPEC Monitoring Market, Trump Remarks on Russian Oil Read More »
(Reuters) – ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the energy producer said on Thursday, after beating Wall Street estimates for second-quarter profit. Shares of the company rose nearly 2% in premarket trade. The asset sale, expected to close at the beginning of the fourth quarter, pushes ConocoPhillips past its $2 billion non-core …
ConocoPhillips to Sell Anadarko Assets for $1.3 Bln; Profit Beats Estimates Read More »
Summary US crude inventories fall by more than expected Investors remain cautious after Trump tariffs on India Saudi Arabia raises its crude prices to Asia (Reuters) – Oil prices steadied on Thursday, paring early gains after the Kremlin announced that Russian President Vladimir Putin will meet U.S. President Donald Trump in the coming days, raising …
Oil Steadies on Potential Trump-Putin Meeting in Coming Days Read More »
U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced earlier on India over its purchases of Russian oil, depending on what happens. “Could happen,” Trump told reporters, after saying he expected to announce more secondary sanctions aimed at pressuring Russia to end its war …
ConocoPhillips will divest Marathon Oil’s Anadarko Basin assets in Oklahoma to an undisclosed buyer for $1.3 billion.
The purchase of Aris Water Solutions’ Delaware Basin water midstream network will extend Western Midstream’s reach into New Mexico.
Civitas Resources is divesting non-core D-J Basin assets and has named current chairman Wouter van Kempen as interim CEO after Chris Doyle’s exit was announced Aug. 6.
TotalEnergies is divesting two unconventional blocks of 51,000 net acres in the Neuquén Basin part of Argentina’s Vaca Muerta Shale.
