The Latest

Kinder Morgan Sees NatGas Lift in Second Quarter

The midstreamer beat market expectations in its second-quarter 2025 earnings as LNG demand along the Gulf Coast increases.

Exxon-Led Consortium's 2024 Profit in Guyana Rose 64% to $10.4B

The profit of a consortium by oil producers Exxon Mobil, Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, Exxon said on June 3, amid facility updates that allowed a sustained expansion of output.

1Q25 Trend: US Producers Pivot on Market Uncertainty, Cut Capex and Rigs

Macro volatility and price uncertainty topped most discussions in first-quarter earnings calls as companies including Diamondback Energy, Occidental Petroleum and Coterra Energy reduce spending and rig counts.

Enbridge Keeps the Focus on NatGas Amid Market Uncertainty

Enbridge CEO Greg Ebel said the company remains committed to growing its natural gas network.

Oxy’s Non-Oil, Gas Projects to Add $1B in Free Cash Flow

Occidental Petroleum’s cash flow improvements are expected as spending falls for projects, such as 1PointFive’s Stratos direct air capture, which will augment its ongoing oil and gas efficiency improvements.

Plains All American Adds Crude Midstream Assets in Midland Basin

Plains All American purchased midstream assets in Wyoming, the Permian Basin and alleviated NGL bottlenecks in Canada.

CRC to Start Construction on California’s First CCS Project in ‘25

California Resources Corp.’s carbon management subsidiary Carbon TerraVault Holdings is targeting additional carbon capture and storage projects.

Liberty Energy on the Lookout for ‘Transformative Opportunities,’ CEO Says

Ron Gusek, the CEO who succeeded the current U.S. secretary of energy Chris Wright, has thrived in uncertain times before and is confident about Liberty Energy’s position.

Ohio Utica’s Gulfport Energy Signals Potential M&A This Year

Gulfport Energy’s comment comes while neighbors Ascent Resources and Encino Energy are reportedly in play.

Williams Leans into Power Supply Growth with Ohio Gas-Fired Project

Williams Cos. has fully contracted its Socrates project, a two-site, gas-fired power generating development in Ohio, and plans more for the future.