EOG Resources purchased the 30,000-net-acre block that includes at least 120 locations for 3-mile laterals from little known Arrow S Energy Operating.
Shell has been persistently linked to a bid for its smaller rival BP as the latter lost more than 30% of its value in the past 12 months, the Financial Times reported.
Chevron Corp. beat earnings expectations and the oil giant said it’s prepared for the cyclical changes in the market.
The Coastal Virginia Offshore Wind project is 55% complete as the U.S. offshore wind sector faces continued headwinds.
Targa Resources says crude sales from its Badlands operations in the Bakken were up 13% from 2024 to 107,100 bbl/d.
From Appalachia to South Texas, European energy firms are leveraging shale gas assets to secure future global supply.
Canadian pipeline operator TC Energy is forecasting an uptick in capital project announcements later this year and into next, as coal-to-gas conversions and data center growth drive natural gas demand in North America.
The U.S.-based solar panel manufacturer was among the latest companies to announce changes amid policy and regulatory concerns in the U.S.
Reduced prices for goods and services may come as Permian Basin and other oil-focused E&Ps drop rigs and frac crews at $60 oil, Expand Energy executives said.
With crude prices falling below $60/bbl, Northern Oil and Gas CEO Nick O’Grady sees opportunity for his company amid an uncertain outlook.