US Ban of Russian Oil to Make Small Supply Impact
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The US ban on imports of Russian crude, natural gas and refined products announced Tuesday does not represent a dramatic change so much a...
Houston Energy Transition Initiative (HETI) Releases Report Focused on Funding the Energy Transition
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The Houston Energy Transition Initiative (HETI), a strategic initiative led by the Greater Houston Partnership that is dedicated to stren...
OPEC September Oil Output Rises on Nigerian Rebound, OPEC+ Boost
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OPEC oil output rose in September to its highest since April 2020, a Reuters survey found, as Nigerian output recovered from involuntary ...
Halliburton and VoltaGrid enter multi-year contract with Aethon
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Halliburton Company and VoltaGrid LLC have entered into a multi-year contract with Aethon Energy to deploy an advanced, all-electric frac...
Iconic Air Launches First-of-Its-Kind Emissions Tracking Platform to Help the Oil and Gas Industry Decarbonize
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Iconic Air, a SaaS platform that helps energy-intensive industries automate, benchmark, and manage the cost of carbon and their carbon fo...
Woodside (ASX:WDS) acquires BHP Petroleum to create global energy company
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Woodside Energy (WDS) has completed its acquisition of BHP’s oil and gas portfolio to create a global energy company. Woodside, the large...
Solugen raises over $200 million Series D to reimagine the chemistry of everyday life
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Chemicals are the building blocks of American industry. They are used to make some of the most important components of everyday life, yet...
Digital Wildcatters: ZERO Rethink. Reduce. Redefine.
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The oil and gas industry is at a crossroads. New regulations, global commitments and technological advances require new ways of thinking ...
Did an Anchor Strike the Pipeline? Cause of California Oil Spill Catastrophe Could be Determined Today
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Authorities could determine as soon as Tuesday the cause of the pipeline breach that spilled more than 140,000 gallons of oil off the Sou...
US Shale Gas Could Become ‘Biggest Green Initiative on Planet,’ EQT CEO Says
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U.S. LNG holds significant potential to put the country on track to achieve its sustainability goals, according to Toby Rice, CEO of EQT ...
ProPetro’s First Electric Frac Fleet Contracted Under a Multi-Year Agreement With Leading Permian Operator
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ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSE: PUMP) today announced it has executed a contract with a leading independent P...
Blackstone Announces $400 Million Investment in Xpansiv, the Leading Global Carbon and Environmental Commodities Exchange Platform
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Blackstone announced today that funds managed by Blackstone Energy Partners (“Blackstone”) have committed $400 million to lead a strategi...
LongPath Technologies Leads in State & Federal Regulatory Approvals for Quantifying Methane Leaks from Oil and Gas
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LongPath Technologies is the first emissions monitoring technology to be approved by both the Environmental Protection Agency (EPA) and t...
S&P Global publishes latest Energy Transition Outlook
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S&P Global has published its latest Energy Transition Outlook. In a five-part series of articles, analysts from S&P Global Ratings, S&P G...
Energy Stocks Punch Above Their Weight in Earnings
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Energy stocks make up just 4% of the S&P 500 but are expected to account for 12% of the index’s earnings in the second quarter.
That g...
Oil Rises After OPEC+ Rebuffs U.S. Call to Boost Output
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Oil prices rose towards $81 a barrel on Friday after OPEC+ producers rebuffed a U.S. call to raise supply to cool the market, sticking to...
Talos Energy Announces Strategic Acquisition of EnVen Energy, Increasing Operational Scale and Improving Financial Profile Through the Addition of Oil-Weighted, Deepwater Assets with Significant Infrastructure
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Talos Energy Inc. ("Talos" or the "Company") ( NYSE: TALO) today announced the execution of definitive agreements to acquire EnVen Energy...
Hammerhead Resources Inc. and Decarbonization Plus Acquisition Corporation IV Announce C$1.39 billion Business Combination; Combined Company to be Listed on Nasdaq
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Hammerhead Resources Inc., a Calgary-based energy company ("Hammerhead"), and Decarbonization Plus Acquisition Corporation IV ( Nasdaq: D...
Earthstone Energy (ESTE) Acquires Assets in Midland Basin for $73.2M In Cash and Stock
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Earthstone Energy, Inc. (NYSE: ESTE) today announced that it has entered into definitive agreements to acquire privately held operated as...
Whiting, Oasis merger — WHOAsis — will double new company's size without adding any new debt
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They don’t yet have a name, but they will soon be the Williston Basin’s largest asset holder and its No. 2 producer. Whiting and Oasis ha...
Oil and gas tech startup Validere closes $55 million CAD with Blackrock Backing
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Calgary-based Validere has raised $55 million CAD ($43 million USD) in its Series B financing round led by Swiss commodity trading group ...
Chevron finalizes acquisition of NEXBASE™ brand, business from Neste Corporation
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Chevron Global Energy Inc., a wholly owned subsidiary of Chevron Corporation, announced today that it closed its previously announced agr...
Analysis: U.S. strategic oil sale speeds fuel-price fix, but at what cost?
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The Biden administration is selling a record amount of emergency oil from national reserves to tame soaring U.S. fuel prices as quickly a...
Delek Logistics Partners, LP Announces Acquisition of 3Bear Energy Increasing its Prominent Position in the Permian Basin
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Delek Logistics Partners, LP (NYSE: DKL) announced today that one of its subsidiaries has signed a definitive purchase agreement for the ...
Cloudbreak Discovery acquires interest in Texas energy project
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Cloudbreak Discovery [LSE:CDL], the London-listed company with a focus on generating new mining projects across different metals and juri...
S&P Global Commodity Insights Launches First Global Diesel, Gasoline & Jet Fuel Carbon Intensity Assessments and Price Premiums
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S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and en...
$80 Oil is Sending the Market Toward Demand Destruction, Morgan Stanley Says
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With winter ahead and a gas crunch in Europe, the demand picture appears promising. But demand destruction could be imminent as prices cl...
Shell completes sale of Mobile refinery in Alabama to Vertex Energy
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Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell USA, Inc., and Shell Chemical LP, subsidiaries of Shell plc (Shell), has compl...
Oil and Gas Workers Send a Bold Warning to Other States About Newsom's Costly Energy Policies
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With Governor Newsom unwilling to listen to Californians about the increased costs and burdens created by his energy bans and mandates, t...
Dril-Quip Announces Decarbonization Targets
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Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) has set its decarbonization targets to align with a 1.5°C global warming pathw...
Goldman Sachs says oil will roar higher - and consumers will feel like crude is at $160 a barrel due to surging gas prices
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Goldman Sachs economists have predicted oil prices will surge to $140 a barrel this summer, with a drop in Russian production and a gradu...
Emerson to Help Enable Carbon-Efficient Production from Equinor’s Martin Linge North Sea Development
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Emerson (NYSE: EMR), a global software and engineering leader, has signed a five-year framework agreement with Equinor to provide operati...
Oil prices dive as U.S. considers record reserves release
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Oil prices plunged on Thursday on news that the United States was considering the largest ever release from its Strategic Petroleum Reser...
Kimmeridge Publishes White Paper: "Why Net Zero Should Be the Standard for the E&P Sector"
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Kimmeridge, a private investment firm focused on the energy sector, today published a white paper entitled, Why Net Zero Should Be the St...
Energy security likely to overshadow climate at G-7 summit
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Leaders of many of the world’s most powerful economies plan to gather Sunday in Germany, where Chancellor Olaf Scholz and his government ...
Big Oil Courts U.S. Clean-energy Startups in Bid to Speed Green Transition
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U.S. clean-energy startups are booming as oil companies are giving them more attention and cash in a bid to speed up their own green tran...
MiQ 2022 Highlights: Establishing a Foundation for Sustained Growth & Momentum
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MiQ, the not-for-profit aiming to reduce methane emissions from the oil and gas industry, announced today that it has independently certi...
Murphy Oil Corporation Releases 2022 Sustainability Report
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Murphy Oil Corporation (NYSE: MUR) announced today that it released the 2022 Sustainability Report, which covers the company's environmen...
TechnipFMC Awarded Substantial Flexible Pipe Contract for Agogo Integrated West Hub Development Project
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TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Azule Energy to supply flexible pipe for the Agogo Integrated West H...
Oil and Gas Investor Announces 2023 '25 Influential Women in Energy' Honorees
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Oil and Gas Investor and Hart Energy proudly announce the "25 Influential Women in Energy" honorees for 2023. These distinguished executi...
Reducing Methane and Flare Emissions: Time to Act—and Here’s How
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The oil and gas industry has a new and urgent imperative to address climate change while meeting growing demand for energy today and into...
Aramco to acquire Valvoline’s Global Products Business in a $2.65bn deal
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RIYADH: Saudi oil giant Aramco has signed a $2.65 billion equity purchase agreement to acquire US-based Valvoline’s Global Products Busin...
US Producers Pioneer and Continental Strike $3.25-Billion Permian Deal
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Continental Resources announced today that it is buying Permian Basin acreage from Pioneer Natural Resources for $3.5 billion in cash. Th...
EIA forecasts crude oil prices will fall in 2022 and 2023
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In our January 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will fall from 2021 levels. In the fourth quarter...
Food and Energy Price Shocks from Ukraine War Could Last for Years
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The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways t...
LandGate Raises $10M in Series B Funding Round Led By NextEra Energy Resources
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LandGate Corp., the United States’ leading marketplace and data provider for commercial land and its resources including solar, wind, min...
Biden will call for 3-month suspension of gas tax, though officials acknowledge it 'alone won't fix the problem'
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President Joe Biden will call on Congress in a speech Wednesday to suspend federal gasoline and diesel taxes until the end of September, ...
ProFrac Gobbles Up U.S. Well Services: High Margin Clean Frac King In The Making
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ProFrac announced an all stock deal for the equity of U.S. Well Services as it pursues its Acquire, Replace, Retire growth strategy. The ...
Ring Energy Announces Agreement to Acquire Stronghold’s Permian Basin Assets
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Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has entered into an agreement to acquire (the “Transa...
IKAV acquires Aera Energy from Shell and ExxonMobil
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IKAV, the international asset management group, has agreed to acquire Aera Energy LLC ("Aera"), through two separate transactions with th...
Chevron Publishes Methane Report
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Chevron Corporation (NYSE: CVX) today published a methane report that builds on Chevron's ongoing efforts to promote transparency on clim...
QatarEnergy, Chevron Phillips Chemical to begin construction on integrated polymers complex in Ras Laffan Industrial City, Qatar
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QatarEnergy and Chevron Phillips Chemical Company LLC announced today they will proceed on construction of a $6 billion integrated polyme...
Air Products Membrane Solutions to Introduce PRISM® InertPro Nitrogen Membrane System at the Middle East Oil and Gas Show in Bahrain
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Air (NYSE: APD), the global leader in the production of gas separation and purification membranes, will highlight its new PRISM® InertPro...
U.S. Department of State, Bezos Earth Fund, and The Rockefeller Foundation Convene Energy Transition Accelerator High-Level Consultative Group
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The U.S. Department of State, The Rockefeller Foundation, and the Bezos Earth Fund today held the first meeting of the High-Level Consult...
Denbury Resources (NYSE:DEN) Q4'22 Earnings Call Transcript
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Denbury is in an amazing position as we enter 2023. U.S. policy support for CCUS has never been greater and we are just scratching the su...
Lotus Midstream and EnCap Flatrock Midstream Agree to Sell Lotus Midstream to Energy Transfer for $1.45 Billion
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Lotus Midstream ('the Company') and its financial sponsor EnCap Flatrock Midstream ('EnCap Flatrock') today announced they have signed a ...
Flare gas reduction: Graforce a winner at Petronas Race2Decarbonise for groundbreaking solution
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Out of more than 500 global solutions, Graforce was recognized at the Petronas Race2Decarbonise with its methane electrolysis technology ...
Energy Technology Firm ComboCurve Announces $50M Series B Financing
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ComboCurve, the cloud-based energy analytics and operating platform of choice for many of the world’s largest energy companies, announced...
Austin-based Novi Labs acquires Dutch energy data analytics provider ShaleProfile
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Austin-based AI company Novi Labs on Wednesday announced the acquisition of Rotterdam-based energy data analytics provider ShaleProfile f...
OXY - Occidental Petroleum - Earnings Call Transcript Q3 2021
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Jeff Alvarez : Thank you. Good afternoon, everyone. And thank you for participating and Occidental's Third Quarter 2021 Conference Call. ...
Oil market to remain tight into 2023 as demand continues to recover: Vitol CEO
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Global oil markets will likely remain tight and supportive of higher prices well into 2023 as demand continues to recover from COVID-19 l...
U.S. energy developer Double Eagle raises $1.7 billion for new venture
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Double Eagle, a team of prolific oil and gas developers focused on the Permian basin, have raised more than $1.7 billion from a group of ...
Shell acquires 25% stake in Atapu Field in Brazil for $1 billion
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Shell Brasil Petróleo, a subsidiary of Shell plc, signed a Production Sharing Contract (PSC) to acquire a 25% stake of the Atapu field. S...
The Open AI Energy Initiative Welcomes Seven New Members
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C3 AI (NYSE: AI), the Enterprise AI application software company, today announced that seven new members will join the Open AI Energy Ini...
Enbridge Advances U.S. Gulf Coast: Acquires North America’s Premier Crude Export Facility
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Enbridge Inc. announces that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream ...
Capstone Green Energy Receives New Orders from German Distributor E-Quad for a Textile Finishing Company and an Offshore Gas Platform
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Capstone Green Energy Corporation (NASDAQ: CGRN), announced that E-quad Power Systems GmbH, Capstone’s long-time distributor for Belgium,...
The chemical industry’s new green deals
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When the petrochemical maker LyondellBasell Industries announced in April that it would close its century-old refinery in Houston by the ...
Greenhouse gas emissions vary dramatically across U.S. oil and gas companies, according to updated analysis
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ERM analysis on behalf of Ceres and Clean Air Task Force benchmarking the relative emissions intensity and total reported methane, carbon...
DroneBase Secures $55 Million and Launches Next Stage of Advanced Inspection Under New Brand Zeitview
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Further cementing its market leadership in advanced inspection software for energy and infrastructure, DroneBase has secured $55 million ...
US Secretary of Energy Jennifer M. Granholm to Address CERAWeek by S&P Global in Houston, March 6-10
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U.S. Secretary of Energy Jennifer M. Granholm will address delegates at the 41st annual CERAWeek by S&P Global, March 6-10 in Houston.
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