Hitting the Gas: Opal Fuels Accelerating RNG Growth
Opal Fuels, which increased annual RNG production by 41% in 2024, commands prices of about $20 per MMBtu from utilities and even higher prices in the vehicle market, co-CEO Jon Maurer said.
Huge AI Data Center Planned for Pennsylvania Coal Plant Site
A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania. The 3,200-acre (1,295-hectare) data center campus, located about 50 miles east of Pittsburgh, will be developed at the location of Homer City Generation, previously the state’s …
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OPEC+ to Discuss Kazakhstan Output at Thursday’s Meeting
(Reuters) – Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up gradual production hikes, two delegates told Reuters. Record Kazakh output has angered several other members of the group, including top producer …
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ConocoPhillips Eyes Sale of Oklahoma Assets Worth Over $1 Billion
(Reuters) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said. The energy producer has hired investment bank Moelis & Co to run the sale process for the assets, the sources said, adding …
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Oil Edges Lower as Market Awaits Fresh US Tariffs
Summary • Concerns remain over how tariffs will be implemented • Some analysts warn of bearish impact on oil prices • Markets also await news on secondary tariffs on Russian oil April 2 (Reuters) – Oil prices extended losses on Wednesday, pressured by fears that U.S. reciprocal tariffs due to be announced at 2000 GMT …
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Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition
MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC (“Double Eagle”). About Diamondback Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, …
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HARD FACT: FINLAYSON – Energy Sector Will Fuel Alberta Aconomy and Canada’s Exports For Years to Come
Most of Canada’s oil reserves are in Alberta, along with a majority of natural gas reserves. Alberta is the beating heart of the Canadian energy economy. JOCK FINLAYSON By any measure, Alberta is an energy powerhouse — within Canada, but also on a global scale. In 2023, it produced 85% of Canada’s oil and three-fifths …
Democrats Push Vote on Tariffs Targeting Canada as Trump Calls for Republican Support
WASHINGTON — Democrats in the U.S. Senate are moving forward on a resolution to block sweeping tariffs targeting Canada as President Donald Trump presses Republican lawmakers to continue backing his trade agenda. Sen. Tim Kaine plans to force a vote on Trump’s use of the International Economic Emergency Powers Act, also called IEEPA, to declare …
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Diamondback Energy Closes $4.1B Double Eagle IV Acquisition
Diamondback Energy Inc. closed on its approximately $4.1 billion deal to buy EnCap Investments’ Double Eagle IV, adding approximately 40,000 net acres in the Midland Basin to its portfolio.
SM Energy Marries Wildcatting and Analytics in the Oil Patch
As E&P SM Energy explores in Texas and Utah, Herb Vogel’s approach is far from a Hail Mary.