Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
A trio of midstream companies—Enbridge, Whitewater and MPLX—will work together to build infrastructure to transport Permian Basin natural gas to Gulf Coast LNG terminals.
Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.
Diamondback Chairman and CEO Travis Stice first offered “at least $25 billion” for Endeavor Energy Resources on Dec. 8. The deal closed just weeks later for $26 billion.
Onyx Resources has retained EnergyNet for the sale of a 40 well package plus 3,192.48 net leasehold acres in Crane, Ector and Winkler counties, Texas and Lea County, New Mexico.
Here’s a roundup of the latest E&P headlines, including a FEED planned for Venus and new contract awards.
Onyx Resources has retained EnergyNet for the sale of a 23 well package plus 1,082.81 net leasehold acres in Archer, Clay, Fisher, Jones, Kent, Stephens, Taylor and Young counties, Texas.
Kraft Heinz, a $43 billion food company, is seeking to reduce its annual emissions by 99% through a Department of Energy grant.
The U.S. Department of Energy funding will be used to develop technology that turns CO2 into sustainable ethylene.
The amendment increases Par Pacific Holdings’ existing asset-based revolving credit facility to $1.4 billion from $900 million.
ChampionX said it expects the deal to extend its reach in international markets including the Middle East, Latin America and other global offshore developments.
On average, Stratas Advisors are forecasting that oil supply will be at a deficit of 840,000 bbl/d in 2024.
Experts at CERAWeek by S&P Global detail the changes AI has made in the subsea robotics space while reducing the amount of human effort and safety hazards offshore.
Matador Resources completed natural gas pipeline connections between Pronto Midstream to San Mateo Midstream and to Matador’s acreage in the Delaware Basin.
Tinker Energy Associates CEO Scott Tinker is optimistic that a combination of passion, expertise and funding can solve the world’s existential crisis—if the right questions are asked.
Clean Harbors acquired HEPACO for $400 million, adding complementary services for environmental remediation and emergency response in the Eastern U.S.
Russia plans to gradually ease the export cuts and focus on only reducing output.
Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.
TotalEnergies said the Tyra hub will produce 5.7 MMcm of gas and 22,000 bbl/d of condensate.
NobleAI uses “science-based AI” to improve operator decision making and speed up oil and gas developments.
Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.
Argentina's Neuquen province hit a record for daily oil production in February.
Establishing fire protection measures remains critical for industry growth.
Here is a look at some of this week’s renewable energy news, including a new modeling tool for superhot rock.
In recent months, RIC Energy sold 13 photovoltaic plants in the state of New York with a total capacity of 70 MW to various companies.
EQT Corp. President and CEO Toby Z. Rice spoke to Hart Energy on March 20 on the sidelines of CERAWeek by S&P Global to discuss natural gas infrastructure bottlenecks, energy security and the company’s advances on LNG.
The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to March 22.
JERA Co. Global CEO Yukio Kani said during CERAWeek by S&P Global that it was important to have a portfolio of diversified LNG supply sources, especially from the U.S.
A CERAWeek panel tackles how AI's hunger for complexity can devour the energy industry's toughest challenges.
Also, developing and undeveloped countries are pushing back, with one African minister saying “we will decarbonize after we carbonize.”