The Latest

Delfin LNG Moves Closer to Offshore Production

The Delfin LNG project would pioneer offshore LNG supply in the Gulf of Mexico.

Dividends Declared Weeks of April 7, 14

First-quarter 2025 earnings season is underway. Here is a compilation of dividends declared in the last two weeks from select upstream, midstream and service and supply companies.

US Drillers Add Oil, Gas Rigs for First Time in Four Weeks

The oil and gas rig count rose by two to 585 in the week to April 17. Despite this week's rig increase, Baker Hughes said the total count was still down 34 rigs, or 5% below this time last year.

Energy Transition in Motion (Week of April 18, 2025)

Here is a look at some of this week’s renewable energy news, including a move by battery maker Lyten to strengthen the U.S. battery supply chain.

US E&Ps Could Drop Up to 100 Rigs at New Low Oil Price

Private operators are likely to let rigs go first, beginning in the Midcontinent and Powder River Basin, then the Eagle Ford, Bakken and Permian, according to J.P. Morgan Securities.

Monumental Aims to Restart New Zealand Wells by May 30

Monumental Energy Corp. says rig contractor RIVAL is scheduled to begin the workovers on wells Copper Moki 1&2, located in the Taranaki Basin, in May.

Liberty Jumps on Power Service Opportunities as Oilfield Business Stays Flat

Liberty Energy is seeing a growing pipeline of opportunities to jump onto, even as tariffs and OPEC+’s production strategy create uncertainty in the energy sector.

Over 100 Employees Leave US EIA, Putting Crucial Energy Data at Risk, Sources Say

The U.S. government's energy statistics arm is set to lose over 100 employees after the Trump administration's latest round of resignation offers, putting at risk some of the most closely watched energy reports globally, three sources told Reuters.

Spearmint Energy Secures Financing to Connect 400 MWh to ERCOT

Spearmint Energy has closed more than $250 million in financing for the construction of two battery energy storage systems that will be connected to Texas’ ERCOT grid.

Expand Energy Joins EQT in Triple-Investment-Grade Credit-Rating Club

The trifecta of endorsements assures Expand Energy, the largest gas producer in the U.S., a seat alongside EQT Corp. at the LNG and AI data center gas-supply negotiating tables.