Oil Prices Inch Up On Signs Of Tighter Global Supply
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices.
April 19, 2019
United States
FERC Approves Two New LNG Export Projects
The Federal Energy Regulatory Commission (FERC) today approved the Driftwood LNG and Pipeline projects, and the Port Arthur LNG and Pipeline projects.
April 18, 2019
Marketed: Nonop Oklahoma Assets, ORRI Across The State
2Bretts retained EnergyNet for the sale of nonop assets and overriding royalty interest plus producing and non-producing minerals across Oklahoma through an auction ending May 1.
April 18, 2019
US Oil Drillers Cut Rigs For First Time In Three Weeks
The rig count fell for the past four months and production growth in the Permian Basin and other key shale basins have slowed as oil prices fell and many independent shale companies cut spending.
April 18, 2019
ENGIE North America Announces Construction Of Jumbo Hill Wind Project In Texas
The total capital investment of the Project is over $150 million, and there will be up to 250 people employed at the site during the height of construction activity.
April 18, 2019
Marketed: De Soto Royalty Delaware, Midland Basin Minerals
De Soto Royalty II retained RedOaks Energy Advisors for the sale of its mineral and royalty interests located in the Delaware and Midland basins within the Permian.
April 18, 2019
Schlumberger Posts 19.8% Fall In Quarterly Profit
Top oilfield services provider Schlumberger reported a drop in quarterly profit, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.
April 18, 2019
Sources: Renewables Investor Berkeley Hires JP Morgan To Review Options
Renewable energy growth is estimated at an annual average rate of 11% between 2015 and 2035, with growth in wind and solar capacity up nine-fold from seven percent of total power supply today to nearly 40% by 2040, energy consultancy Wood Mackenzie estimates.
April 18, 2019
DUG Permian: Plains-Talking Armstrong On Love, Money
Retired CEO describes how the 1980s oil bust guided his thinking as he built a pipeline giant.
April 18, 2019
Marketed: Multiple Permian Basin Packages In Reagan And Irion Counties, Texas
Discovery Natural Resources retained EnergyNet for the sale of Permian Basin assets in West Texas through multiple sealed-bid offerings.
April 18, 2019