2022-08-18 - Headquartered in Houston, Trace Capital will be led by the current Denham energy resources leadership team and focus on traditional oil and gas investments.
2022-08-18 - Investors are not paying anywhere near the full value of Denbury’s carbon capture business, MKM Partners analyst Leo Mariani wrote in a note. He added that the company still has hidden value in its CO₂ pipelines.
2022-08-17 - The transaction, which Enbridge called a “joint venture merger,” will result in a single JV holding both Enbridge’s and Phillips 66’s indirect ownership interests in the Gray Oak pipeline and DCP Midstream.
2022-08-17 - The 5th U.S. Circuit Court of Appeals vacated the Louisiana district court decision to block the Interior Department’s leasing pause after Louisiana and a dozen states sued the administration established arguing that they would suffer injury from the policy.
2022-08-17 - Exxon Mobil has been looking to buy a stake in local deepwater fields of ONGC for some time.