Natural Gas Intel, by Carolyn Davis. SilverBow Resources Inc. has acquired 7,500 net acres in the Eagle Ford play of South Texas...
LONDON (Reuters) – Saudi Arabia and Russia, the de facto leaders of the OPEC+ oil producer group, see $100 a barrel as...
By: Private Equity News – Private equity firms that back oil and gas businesses are becoming increasingly vocal about the role the...
BY Rick Newman – Yahoo Finance. The war in Ukraine has turned against Russia and its authoritarian president, Vladimir Putin, with Ukrainian forces...
By: Liz Hampton – Reuters – The chief executive of Talos Energy has jumped to the forefront of the energy industry’s greenhouse...
Saudi Arabia’s Public Investment Fund is betting $412 million on tourism. The kingdom’s sovereign wealth fund agreed to acquire a 30% stake...
By: Kevin Schmidt – CNBC – Investing in ESGs has taken a controversial turn in recent weeks as some states have taken...
OilPrice.com. The last two energy crises that threatened hundreds of energy companies with bankruptcy have rewritten the oil and gas M&A playbook....
Coal is making a comeback as Europe races to find alternatives to Russian natural gas. The price of coal is 5 times...
By: Allison Kite – Kansas Reflector – A “once in a lifetime” federal investment will clean up more than 2,300 abandoned gas...
Kinder Morgan is expanding its Gulf Coast Express Pipeline, investing $455 million to increase natural gas deliveries from the Permian Basin to South Texas by 570 million cubic feet per day by mid-2026. This decision comes after securing long-term transportation agreements.
Additionally, Kinder Morgan is undertaking several other natural gas infrastructure projects in the southern U.S., including:
South System Expansion 4: A $3 billion project to increase South Line capacity by 1.2 billion cubic feet.
South Texas to Houston Market expansion: A $154 million project to add 500 million cubic feet per day capacity.
Evangeline Pass project: A $670 million project to enhance systems in Mississippi and Louisiana, delivering 2 billion cubic feet per day to a LNG facility.
These projects aim to meet the growing demand for natural gas transportation and distribution in the region.
(Reuters) - Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
Brent crude futures fell $1.39, or 1.87%, to $73.06 a barrel. U.S. West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or 2.05%.
Brent settled more than 7% lower this week, while WTI lost around 8%, marking their biggest weekly declines since Sept. 2, when OPEC and the International Energy Agency cut their forecasts for global oil demand in 2024 and 2025.
In China, the world's top oil importer, the economy grew at the slowest pace since early 2023 in the third quarter, though September consumption and industrial output beat forecasts.
"China is key to the demand side of the equation so that is very much weighing on prices here today," said John Kilduff, partner at Again Capital in New York.
China's refinery output declined for the sixth straight month as thin refining margins and weak fuel consumption curbed processing.
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
President Donald Trump wasted no time reversing the country’s energy policies upon taking office,...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed...
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
Tsvetana Paraskova | OilPrice.com | President Trump’s ‘drill, baby, drill’ policy promises to unleash...
By Bloomberg|Joumanna Bercetche, Anthony Di Paola. | China is still driving growth in global...
Story By Imma Perfetto | Originally published by Cosmos | In new insight into...
Have your oil & gas questions answered by industry experts.