Chris
Mathews
Hart Energy
Japan’s JAPEX Backs Former TreadStone Execs’ New E&P Peoria
Japanese firm JAPEX U.S. Corp. made an equity investment in Peoria Resources, led by former executives from TreadStone Energy Partners.
14 Energy Execs Send Open Letter to Canadian Government
The leaders requested the government to ease environmental regulations and encourage investments to expand the country’s energy industry.
CPP Wants to Invest Another $12.5B into Oil, Gas
The Canada Pension Plan’s CPP Investments is looking for more oil and gas stories—in addition to renewable and other energies.
Shell Raises Shareholder Distributions and LNG Sales Target, Trims Spending
Shell trimmed its annual investment budget to a $20 billion to $22 billion range through 2028 after spending $21.1 billion last year.
E&P Highlights: March 24, 2025
Here’s a roundup of the latest E&P headlines, from an oil find in western Hungary to new gas exploration licenses offshore Israel.
Canadian Government to Fund Portion of Cedar LNG’s $5.96B Development Cost
The Government of Canada has pledged to contribute up to $200 million to help the Haisla Nation and Pembina Pipeline Corp. develop the $5.96 billion Cedar LNG Project
More Players, More Dry Powder—So Where are the Deals?
Bankers are back and ready to invest in the oil and gas space, but assets for sale remain few and far between, lenders say.
RWE Slashes Investment Upon Uncertainties in US Market
RWE introduced stricter investment criteria in the U.S. and cut planned investments by about 25% through 2030, citing regulatory uncertainties and supply chain constraints as some of the reason for the pullback.
Market Volatility Sidelining Some Energy Investment
Needed permit reform will take time and general policy uncertainty could slow-play natural gas projects.
Glenfarne CEO Expects FID on Texas LNG by End of 2025
Glenfarne Energy Transition executives are waiting on a re-issue of a vacated FERC permit for Texas LNG.