The Latest

BlackRock CEO: US Headed for More Inflation in Short Term

AI is likely to cause a period of deflation, Larry Fink, founder and CEO of the investment giant BlackRock, said at CERAWeek.

Baker Hughes to Supply Equipment for NextDecade’s Rio Grande LNG

Baker Hughes will provide turbine and compression for NextDecade’s trains at Rio Grande LNG.

Pearl Backs Haynesville Mineral and Royalties Firm Wild Basin

Equity commitments from Pearl Energy Investments and others have put $75 million of backing behind Haynesville Shale minerals and royalties company Wild Basin Energy.

Expand Energy Picked to Join S&P 500

Gas pureplay Expand Energy will be elevated on March 24 from its position in the S&P MidCap 400 index.

Utica Oil Player Ascent Resources ‘Considering’ an IPO

The 12-year-old privately held E&P Ascent Resources produced 2.2 Bcfe/d in the fourth quarter, including 14% liquids from the liquids-rich eastern Ohio Utica.

USA Compression Names Chris Wauson as COO

Chris Wauson, currently the leader of natural gas compression company USA Compression Partners’ Permian office, has been chosen as the company’s new COO.

Venture Global Shares Plummet as Plaquemines LNG Price Upped by $2B

Venture Global LNG missed market expectations in its first earnings report and shares fell further with the announcement of an $18 billion brownfield expansion at Plaquemines.

Amplify Updates $142MM Juniper Deal, Divests in East Texas Haynesville

Amplify Energy Corp. is moving forward on a deal to buy Juniper Capital portfolio companies North Peak Oil & Gas Holdings LLC and Century Oil and Gas Holdings LLC in the Denver-Julesburg and Powder River basins for $275.7 million, including debt.

Ring Sells Non-Core Vertical Wells as it Closes in on Lime Rock

Ring Energy Inc. said it sold non-core vertical wells with high operating costs as it works to close an acquisition of Lime Rock Resources IV’s Central Basin Platform assets.

Lone Star State of Mind: Rockcliff Energy III Sets Sights on Texas Shale Assets

Rockcliff Energy III Executive Chairman Alan Smith and CEO Sheldon Burleson have their Quantum Capital-backed company’s Texas-sized ambition focused on the western Haynesville and the Eagle Ford.