The deal, centered on the Kakwa region in Alberta, follows ARC Resource’s strategy of strengthening its Montney position.
Investors in energy ETFs should be wary of short-term volatility in commodity-linked ETFs amid geopolitical tensions in the Middle East.
The bid reflects intensifying competition for Venezuela's most prized foreign asset and the seventh biggest U.S. refiner.
The net change in the U.S. horizontal rig count is seven rigs—1% —fewer than at year-end 2024, a Hart Energy analysis shows. Instead, the sub-$70 oil price has displaced rigs targeting non-shale targets.
After a two-year dealmaking frenzy, the U.S. oil M&A engine is stalling as wild price swings and geopolitical tremors unsettle both buyers and sellers. M&A experts tell Hart Energy it could be months before big-ticket oil deals regain momentum.
The new 2025 ranking of top U.S. private producers demonstrates changes in the space following a massive consolidation trend in the upstream sector, Enverus says.
Here’s a roundup of the latest E&P headlines, including an oil discovery by Equinor and an oil and gas lease sale in the Gulf of America.
Privately held oil and gas producers from Surge Energy, Northeast Natural Energy, Anschutz Exploration, Greylock Energy and Jonah Energy dish on their plans in the Delaware, Midland Appalachian basins, where they ready to pounce on M&A opportunities.
Oil prices are getting some support from the favorable refining environment, with refining margins widening and inventories of refined products declining.
Following its entry into the energy sector this year, convenience store operator QuikTrip is continuing to evaluate additional energy investments case-by-case, seeing opportunities driven by current power demand needs.