Occidental Petroleum’s Permian Basin assets, including secondary zones like the Barnett, now make up 70% of the company’s total resource of 16.5 Bboe.
President Trump might want world oil supply pared if WTI falls into the $30s. Trump might step in on LNG exports if Henry Hub spot prices soar to $10/MMBtu for natural gas. The 12-month Nymex gas ...
Gregory Garland was chair and CEO of Phillips 66 from 2012 to 2022 and executive chair from 2022 to 2024.
Coastal Bend LNG is developing an EMAR solution at MIT to reduce carbon capture costs from the industry standard of $80-$100 per ton to $50-$60 per ton.
Comstock Resources has quietly built a massive new Haynesville and Bossier shale position north of Houston—more than 500,000 net acres with potential for up to 99 Tcf of gas. In an exclusive interview ...
MIDLAND, Texas—Center-stage at the Horseshoe Arena in the heart of the Permian Basin, Diamondback Energy CEO Kaes Van’t Hof served up a long-term bullish outlook on U.S. oil, noting that the industry ...
Liberty Energy’s stock soared 30% on additional power generation commitments, with investors overlooking muted North American activity that CEO Ron Gusek said cannot sustain oil production.
Suncor Energy is appointing Troy Little to be CFO with the retirement of Kris Smith, who is leaving after 25 years with the Canadian operator, Suncor announced in an Oct. 14 news release.
LONDON—The renewable energy industry has had to re-adjust its message to investors over the last few years as demand for electricity has outstripped what renewables proponents could supply, according ...
If private equity portfolio companies want to get more resource, they will also have to get more creative, said Andrew Dittmar at Hart Energy’s A&D Strategies and Opportunities Conference.
The rig is designed to drill deeper and make longer laterals, all in super-high-pressure and super-high-temperature formations. Caturus Energy is also building an LNG plant on the southwestern ...
The decline rates of EOG Resources ’ Permian Basin wells in the first half of 2025 showed steep drops in productivity per foot compared with 2024 wells, TPH&Co. said in a Sept. 22 report.
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