Jury Orders Phillips 66 to Pay $605MM in Trade Secrets Case
Phillips 66 denied allegations it engaged in information theft and is weighing its legal options. A California jury reached its decision the same day Phillips 66 announced the closure of a Los Angeles-area refinery.
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Midstream
Energy’s Election Stakes: Regulations, Bureaucracy, Permitting
Oil and Gas Investor assembled a group of seven oil and gas executives, policy advocates and other experts to talk about what’s really at stake in the November election and the many challenges facing the energy sector, regardless of who wins.
Investment
Texas Capital Navigates the Trends Shifting Financial Markets
Texas Capital has had to navigate trends impacting the financial markets, such as an emphasis on ESG and less-than-favorable equity markets, said Daniel Hoverman, Texas Capital's head of corporate and investment banking, at ECC.
People
Midstream M&A Adjusts After E&Ps’ Rampant Permian Consolidation
Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
Artificial Intelligence
Exclusive: Embracing AI for Precise Supply-Demand Predictions
Dak Liyanearachchi, the CTO with NRG, gives insight on AI’s capabilities in optimizing energy consumption and how NRG is making strides to manage AI’s growth, in this Hart Energy exclusive interview.
International
Rystad: 12 MMbbl/d at Risk in Full-blown Middle East War
A full-blown war in the Middle East could end up with 12 MMbbl/d of oil at risk—leading to high prices and widespread global consequences, according to Rystad Energy.
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Oil and Gas Investor Magazine
Now, the Uinta: Drillers are Taking Utah’s Oily Stacked Pay Horizontal, at Last
Recently unconstrained by new rail capacity, operators are now putting laterals into the oily, western side of this long-producing basin that comes with little associated gas and little water, making it compete with the Permian Basin.