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SM Energy nears XCL Resources acquisition at $3bn valuation
Offshore Technology· 4 days agoMidstream, which controls midstream properties in southern Lea County, New Mexico. Quantum Capital...
ICICI Prudential MF launches energy fund with eye on demand growth
Business Standard India· 3 days agoICICI Prudential Mutual Fund (MF) has announced the launch of Energy Opportunities Fund, a thematic...
Aramco signs 20-year LNG offtake deal with Sempra
Offshore Technology· 4 days agoSaudi oil and gas major Aramco has entered into a non-binding HOA with US energy infrastructure company Sempra for the purchase of five ...
Gap between US energy production and consumption now biggest ever
Offshore Technology· 4 days agoEnergy production rose by 4% to hit a record of nearly 103Btu, while energy consumption eased by 1%,...
Oil picks pace after Middle East strain, US stocks curbs stoke supply worries; Brent up 2% at...
Livemint· 3 days agoBrent crude oil futures were last up 92 cents, or 1.08 per cent, to $86.17 per barrel driven by...
The Strategic Petroleum Reserve is at its lowest since the 1980s
Deseret News· 4 days agoJohn Curtis, R-Utah, told the Deseret News. “You can’t attack the oil and gas industry, say you want...
US DOE and EPA offer $850m funding to curb oil sector methane emissions
Offshore Technology· 7 days agoThe US Department of Energy (DOE) and Environmental Protection Agency (EPA) are seeking applications...
BP ponders shifting focus away from renewables, say sources
Offshore Technology· 3 days agoEarlier this month, John Browne, the former head of bp, backed a Labour Party pledge to end North...
Siemens to build two gas-fired power plants in Saudi Arabia
Power Technology· 3 days agoSiemens Energy’s gas turbines will be installed, generating 2GW of electricity at each site, with...
The Supreme Court will consider reinstating a critical approval for a rail project in eastern Utah
Livemint· 6 days agoThe rail line would connect oil and gas producers in rural Utah to the broader rail network, allowing them to access larger markets and ultimately sell ...