The Latest

Occidental to Divest Some Permian Assets after Closing CrownRock Deal

Occidental CEO Vicki Hollub said plans to divest non-core Permian assets would come after closing the pending acquisition of CrownRock — but reports have since emerged that the company is considering selling its share of Western Midstream Partners, valued at about $20 billion, according to Reuters.

Chesapeake Slashing Drilling Activity, Output Amid Low NatGas Prices

With natural gas markets still oversupplied and commodity prices low, gas producer Chesapeake Energy plans to start cutting rigs and frac crews in March.

Exclusive: Scott Tinker Says Pausing LNG Ups Coal Use

In this Hart Energy LIVE Exclusive interview, Scott Tinker, chairman of Switch Energy Alliance, talks about energy security globally, and dives into the effects of the Biden administration's LNG pause.

Midstream Operators See Strong NGL Performance in Q4

Export demand drives a record fourth quarter as companies including Enterprise Products Partners, MPLX and Williams look to expand in the NGL market.

Finding Common Ground: How E&Ps, Renewables Firms Coexist

With planning and early negotiations, oil and gas companies and renewable energy firms can develop projects concurrently, experts at NAPE said.

BP Pursues ‘25-by-‘25’ Target to Amp Up LNG Production

BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.

EQT Ups Stake in Appalachia Gas Gathering Assets for $205MM

EQT Corp. inked upstream and midstream M&A in the fourth quarter—and the Appalachia gas giant is looking to ink more deals this year.

ConocoPhillips CEO Ryan Lance Calls LNG Pause ‘Shortsighted’

ConocoPhillips chairman and CEO Ryan Lance called U.S. President Joe Biden’s recent decision to pause new applications for the export of American LNG “shortsighted in the short-term.”

Enbridge Advances Expansion of Permian’s Gray Oak Pipeline

In its fourth-quarter earnings call, Enbridge also said the Mainline pipeline system tolling agreement is awaiting regulatory approval from a Canadian regulatory agency.

Tinker Associates CEO on Why US Won’t Lead on Oil, Gas

The U.S. will not lead crude oil and natural gas production as the shale curve flattens, Tinker Energy Associates CEO Scott Tinker told Hart Energy on the sidelines of NAPE in Houston.