U.S. crude oil exports eased in July to the lowest levels in nearly four years on low domestic supplies and as Asian and European buyers found cheaper alternatives, undermining U.S. President Donald Trump’s push for more foreign countries to purchase U.S. energy supplies. The decline in exports from the top global producer underscores the extent …
US Crude Exports Hit Four-Year Low in July on Low Domestic supplies Read More »
Vital Energy’s President and CEO Jason Pigott said the E&P’s 12-well, multi-zone U-turn well pad in the Midland Basin may be “the first time any company in our industry has drilled a stacked horseshoe development like this one.”
Delaware Basin pure-play Permian Resources’ executives say tax provisions and regulatory changes in the One Big Beautiful Bill Act support industry growth and offset setbacks like steel tariffs.
Diamondback Energy is selling non-operated Delaware Basin properties to Riverbend Energy Group for $138 million.
Cheniere rode the LNG demand wave as second-quarter profits jumped and the LNG firm signed a new sale and purchase agreement with Japanese utility Jera.
California’s landmark carbon capture and storage project is nearing completion as the CCS sector gains momentum, backed by favorable state and federal moves.
The transaction sets Evolution Petroleum up for “perpetual cash flows” from over 10 years of projected drilling inventory, according to the company’s CEO.
OPEC+ oil producers have used high summer demand to launch their first output increases in three years, but those targets have proved difficult to hit, leaving the market surprisingly tight. On paper, the world’s largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in September versus March, …
Why the Oil Market is Tight Despite Big OPEC+ Output Hikes Read More »
Spring Valley Acquisition III’s acquisition targets, Chris Sorrells reported, will likely be in the oil and gas, decarbonization or metals mining sectors.
Former Blackstone energy leader Angelo Acconcia will guide ArcLight Capital’s investment and operations amid growing demand for digital power infrastructure.
