Kimmeridge Plans to Invest More in USA LNG Despite Biden's Pause
Kimmeridge Energy Management Co. plans to continue to invest in the U.S. liquefied natural gas export industry.
Oil Steadies Amid Signs of Softening Market
Oil steadied as geopolitical tensions remain elevated and technicals provided critical support after a monthlong slump.
Altagas Posts Higher Profit YOY on Strong Midstream Performance
AltaGas said it exported a first-quarter record of 115,108 barrels per day of liquified petroleum gases (LPGs) to Asia in the quarter.
Hogan Lovells Attorney Talks USA Oilfield M&A
'In 2024, we're seeing deal activity in growth markets and an optimization of asset holdings'.
BP Maintains Share Buybacks as Cash Flow Drops, Debt Rises
Payouts from the world's biggest international oil companies hit a record $114 billion last year.
Touchstone to Acquire Trinidad-focused Trinity
The Trinity assets are a 'natural extension of Touchstone's assets in Trinidad'.
Azule to Acquire Asset Stake in Namibia's Orange Basin
The landmark agreement will grant Azule a 42.5 percent interest in Block 2914A in petroleum exploration license PEL85, located offshore Namibia.
Chevron Unit Gets OK to Use Unmanned Aircraft Surveillance
'For the first time, an unmanned aircraft weighing more than 55 pounds that flies above 400 feet and beyond visual line of sight has been approved for commercial operations in the U.S.'
ConocoPhillips Posts $2.6B Quarterly Profit
ConocoPhillips saw earnings for the first quarter fall year-on-year and quarter-on-quarter as weaker prices offset higher oil and gas production.
The Trump Effect on Oil and Gas
Is Trump likely to become president again in 2024? What would that mean for U.S., and global, oil and gas?
UK Energy Sector Launching New Offshore Nesting Bird Census
Operators are legally obliged to avoid disturbance to nesting birds.
Europa Oil Turns Down Prospective UK Lease
Europa said changes in fiscal and operating conditions surrounding the lease have rendered the area unfavorable.
Cyprus Rejects Chevron's New Aphrodite Plan
Chevron and its partners have been given six months to give unconditional consent to start the field's front-end engineering design.
EIB Backs Eavor Geothermal Project in Bavaria
The bank will provide nearly $48.5 million for an innovative closed-loop geothermal project being implemented for the first time at a commercial scale.
Petrobras Boosts Investment in Natural Hydrogen Research
The research will look into generation processes and the feasibility of extracting natural hydrogen in the country.
Cargoes of Russian Oil Product Stranded amid Crackdown in Key Buyer SKorea
Petrochemical makers in South Korea are now shunning direct imports from Russia, and any cargoes with unclear origins, for fear of government scrutiny.
Guyana Takes Exxon to Court Over Misstated Value of Equipment
Guyana's tax agency is taking Exxon Mobil Corp. to court.
Oil Edges Up Amid Cease Fire Progress
Oil edged higher as technical levels supported prices, even after Hamas said it agreed to a cease-fire proposal by Qatar and Egypt.
North America Deepens Rig Losses
North America dropped six rigs week on week, according to Baker Hughes.
New Czechia Nuclear Plant to Receive State Aid
The European Commission cleared under state aid rules the Czech Republic's financial backing for a 1,200 MW nuclear power plant.
