Cheniere, Jera Sign LNG Contract on Higher 2Q25 Profits
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 Resources Bets Big on CCS as Regulatory Support Grows
California’s landmark carbon capture and storage project is nearing completion as the CCS sector gains momentum, backed by favorable state and federal moves.
Evolution Closes Minerals & Royalties Deal in SCOOP/STACK
The transaction sets Evolution Petroleum up for “perpetual cash flows” from over 10 years of projected drilling inventory, according to the company’s CEO.
Why the Oil Market is Tight Despite Big OPEC+ Output Hikes
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, …
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Ex-NGP Partner Chris Sorrells Plans Third Energy SPAC
Spring Valley Acquisition III’s acquisition targets, Chris Sorrells reported, will likely be in the oil and gas, decarbonization or metals mining sectors.
Boston’s ArcLight Names Acconcia as President
Former Blackstone energy leader Angelo Acconcia will guide ArcLight Capital’s investment and operations amid growing demand for digital power infrastructure.
Trump May Look Like He’s Winning the Trade War, But Hurdles Remain
At a glance, U.S. President Donald Trump appears to be winning the trade war he unleashed after returning to the White House in January, bending major trading partners to his will, imposing double-digit tariff rates on nearly all imports, narrowing the trade deficit, and raking in tens of billions of dollars a month in much-needed …
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ONEOK Prices $3B Senior Notes Offering to Refinance Debt
ONEOK said proceeds will be used toward repaying its outstanding commercial paper and senior notes maturing Sept. 15.
Gulfport Energy Isn’t Talking Potential M&A Right Now
After teasing big M&A plans in the first-quarter, Gulfport Energy simply said it is focused on its $7 million land acquisition in the Utica play in Ohio and its plans to do up to $100 million of total land bolt-ons this year in its second-quarter 2025 earnings call.
Kimmeridge Gas Unit Renamed Caturus; Abu Dhabi Takes 24.1% Stake
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.