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Coterra to Rig Back up in Marcellus to Arrest Decline

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“This increase in activity is from zero to ‘some’ activity. I wouldn’t characterize this as ‘leaning into’ a gas market,” Shane Young, Coterra Energy’s CFO, told investors.

IOG Resources II Buys Non-Op Utica Shale Interests

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IOG Resources II is expanding in Appalachia with an acquisition of Utica working interests in eastern Ohio.

Western Midstream to Build Permian Produced Water Pipeline

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Western Midstream is investing up to $450 million to expand its produced water infrastructure, including the Pathfinder pipeline to transport produced water to disposal facilities in the Delaware Basin.

Trump Axes Chevron’s Venezuela Oil License, Citing Lack of Electoral Reforms

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U.S. President Donald Trump on Feb. 26 said he was reversing a license given to Chevron to operate in Venezuela. 

BKV Positions Itself to Meet Growing Power, CCS Demand

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Electricity needs across the U.S. are expected to soar as industrial and manufacturing facilities, data centers and other consumers crave more power. BKV is exploring ways to bridge the gap between demand and energy supply.

Halliburton, Sekal Partner on World’s First Automated On-Bottom Drilling System

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Halliburton Co. and Sekal AS delivered the well for Equinor on the Norwegian Continental Shelf.

Diamondback in Talks to Build Permian NatGas Power for Data Centers

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With ample gas production and surface acreage, Diamondback Energy is working to lure power producers and data center builders into the Permian Basin.

Iveda Deploys New Liquid Storage Management Solution for Gulf Western Oil

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IoT servicer Iveda’s LevelNOW system uses sensors to deliver real-time information about tank levels.

Civitas Adds Former EOG Exec Lloyd Helms to Board

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In conjunction with its recent $300 million Midland Basin bolt-on, Civitas Resources has increased its board to 10 directors.

BP Cuts Renewable Investment, Boosts Oil and Gas in Strategy Shift

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BP aims to grow oil and gas production to between 2.3 MMboe/d and 2.5 MMboe/d in 2030.

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