With a sovereign risk insurance in place, a president cancelling a permit “would have to say ‘We're canceling this thing by fiat, but you get your money back that you've invested,” Interior Secretary Doug Burgum told energy industry members in Oklahoma City.
Haynesville Shale’s largest gas producers are displaying restraint with a $4/Mcf forward curve. “That’s really unusual,” said Expand Energy CEO Nick Dell’Osso.
Amplify Energy terminated an acquisition of oil-weighted assets in the Powder River and Denver-Julesburg basins from Juniper Capital after Amplify’s stock fell 58% since the deal was announced.
SLB Ltd. says customers are likely to behave cautiously amid global trade concerns this year, but the future looks brighter in the long term.
The renewable energy producer’s move was taken as the offshore wind sector remains in U.S. President Donald Trump’s crosshairs.
Here is a look at some of this week’s renewable energy news, including new technology intendent to help strengthen the U.S. battery materials supply chain.
Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.
The oil and gas rig count rose by two to 587 in the week to April 25. Despite this week's rig increase, Baker Hughes said the total count was still down 26, or 4% below this time last year.
A panel of former State Department, National Security Council, National Intelligence Council and other officeholders expressed concern about the future of the U.S.’ relationships at CERAWeek by S&P Global.
EOR will be essential in U.S. energy security as reservoirs currently supplying U.S. oil will peak in the coming few years, said Vicki Hollub, Oxy president and CEO.