Pembina Pipeline Enters Ethane-Supply Agreement, Slow Walks LNG Project

Canadian midstream company Pembina Pipeline also said it would hold off on new LNG terminal decision in a fourth quarter earnings call.

CEO: Coterra ‘Deeply Curious’ on M&A Amid E&P Consolidation Wave

Coterra Energy has yet to get in on the large-scale M&A wave sweeping across the Lower 48—but CEO Tom Jorden said Coterra is keeping an eye on acquisition opportunities.

The One Where EOG’s Stock Tanked

A rare earnings miss pushed the wildcatter’s stock down as much as 6%, while larger and smaller peers’ share prices were mostly unchanged. One analyst asked if EOG is like Narcissus.

Range Resources Plans Flat Production Target in 2024

Gas producer Range Resources is focusing on system flexibility to respond to market trends.

TechnipFMC Eyes $30B in Subsea Orders by 2025

TechnipFMC is capitalizing on an industry shift in spending to offshore projects from land projects.

Air Liquide Eyes More Investments as Backlog Grows to $4.8B

Air Liquide reported a net profit of €3.08 billion ($US3.33 billion) for 2023, up more than 11% compared to 2022.

Endeavor Integration Brings Capital Efficiency, Durability to Diamondback

The combined Diamondback-Endeavor deal is expected to realize $3 billion in synergies and have 12 years of sub-$40/bbl breakeven inventory.

Permian Activity in ‘Low-to-no-growth’ Mode for First Half

After multiple M&A moves in 2023 and continued E&P adherence to capital discipline, Permian Basin service company ProPetro sees the play holding steady.

After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off

As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.

President: Financial Debt for Mexico's Pemex Totaled $106.8B End of 2023

President Andres Manuel Lopez Obrador revealed the debt data in a chart from a presentation on Pemex at a government press conference.