Diamondback Looks to Partner on Gas-Fired Power Plant in Permian
A Diamondback Energy Inc. oil rig in Midland, Texas. Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of the shale giant’s own needs…
Trump’s EPA Plots Single Strike Against US Climate Change Rules
At issue is the EPA’s 2009 conclusion that several different greenhouse gases threaten the public health and welfare of current and future generations. President Donald Trump’s top environmental regulator is…
SLB Delays ChampionX Deal Closure to Early Second Quarter
SLB is legally permitted to close the all-stock transaction – now worth $5.82 billion – in the U.S., but it has been held up due to a second request for…
Shell Expects 60% Rise in Global LNG Demand by 2040 as Asia Leads Growth
Summary Asia’s economic growth to drive LNG demand increase China and India expand LNG infrastructure amid rising demand US and Qatar to dominate LNG supply by 2035 Shell LNG Outlook…
Bank of America Predicts Brent crude to Average $75/bbl in 2025
(Reuters) – Bank of America expects Brent crude to average $75 per barrel in 2025 and $73 in 2026, citing low global oil inventories, balanced supply and demand, and about…
Trump Says He Wants Keystone XL Pipeline to be Built
Republican U.S. President Donald Trump said on Monday he wanted the Keystone XL Pipeline built and pledged easy regulatory approvals for the project, which was opposed for years by environmentalists…
Oil Steady After Bump From Iran Sanctions, Strong Refining Margins
Summary • Supply concerns emerge from fresh US sanctions on Iran• Strong global refining margins proving supportive, analysts say• Uncertain demand outlooks cap gains (Reuters) – Oil prices were steady…
COMMENTARY: Responsible, Environment Focused Oil and Gas Development Practices Will Never be Enough for the Environmentally Sanc…
There is no middle ground with those that want to end all fossil fuels By Jim Warren Greenpeace and the UK environmental group Uplift won a court case in Scotland…
Chevron Reorganizes Business Structure, Reshuffles Leadership
(Reuters) – Chevron said on Monday it would reorganize some of its business structures and reshuffle the leadership team, the latest move by the U.S. energy major to simplify its…
Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty
Burgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Doug Burgum speaks during the Conservative Political Action Conference (CPAC) in National…
