Canada's Poilievre Says He Would Approve Suncor Oil Project, Mines
The leader of Canada's Conservative Party said he would accelerate approval on 10 resource projects if elected.
WPC JV, Targa Make FID on Traverse Pipeline Along Gulf Coast
The Traverse Pipeline will be constructed and operated by WhiteWater and is expected to be in service in 2027.
Matador Exits Eagle Ford
Matador is focusing on the 'more prolific' Delaware Basin.
North America Keeps Rig Loss Streak Going
North America cut 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
BW Energy Extends License for Golfinho Offshore Brazil
The production phase under the Golfinho concession contract has been extended to 2042 from 2031.
World Bank Approves Philippine Loan for RE Scale-Up
The Philippines secured an $800-million loan from the World Bank to widen the country's adoption of renewable energy, bolster its electricity market and improve its water utility management.
Where Next for Oil Prices?
'With the new round of announced tariffs, the demand side risk has increased notably', Stratas Advisors warned.
Eni Proposes $1.64 Billion Share Buyback Package
The proposed program is increasable up to EUR 3.5 billion.
Wood Secures Three-Year Contract from PDO in Oman
Wood will deploy engineering and project management specialists for PDO's FEED office.
Russia on Alert as Its Key Oil Grade Nears $50
The Kremlin said it is doing everything possible to minimize the impact of a global oil price rout on Russia's economy.
Shell Cuts Gas Output Guidance on Unplanned Maintenance
Shell Plc sees lower natural gas production and LNG volumes in the first quarter of 2025 than previously expected.
Oil Futures Continue Slide
Crude's rapid decline has triggered bearish trading, profit warnings, and growing expectations for Federal Reserve rate cuts.
Industry Bodies Examine Texas Upstream Employment for February
'TIPRO appreciates the enormous contributions of the Texas oil and natural gas industry from an economic and energy security perspective', TIPRO President Ed Longanecker said.
US DOE Awards Operating Contract for Emergency Oil Reserve
The DOE awarded Strategic Storage Partners a $1.4-billion contract to manage and operate the U.S. Strategic Petroleum Reserve for an extendable five years.
US DOE Eases Restrictions on Requests for LNG Export Start Date Extensions
A project for which such a request is made no longer has to be under construction or has to demonstrate that circumstances outside its control prevented the start of exportation within 7 years.
Ring Energy Closes Acquisition of CBP Assets from Lime Rock
The assets cover around 17,700 net acres in the Permian Basin in Andrews County, Texas.
Trump Team Proposes Ending Clean Energy Office, Cutting Billions
The office employed about 250 people before President Donald Trump, a climate change skeptic, returned to office.
Execs Reveal Where They Expect Gas Price to be at Various Points in Future
Executives from oil and gas firms have revealed where they expect the Henry Hub natural gas price to be at various points in the future as part of the first quarter Dallas Fed Energy Survey.
Chevron Closes Divestment of East Texas Stake to TG Natural
The transaction consideration was $525 million.
Woodside to Farm Out 40 Percent of Louisiana LNG to Stonepeak
Stonepeak will commit a cumulative investment of $5.7 billion.
