The Latest

Trump Administration to Open More Alaska Acres for Oil, Gas Drilling

U.S. Interior Secretary Doug Burgum said the agency plans to reopen the 82% of Alaska's National Petroleum Reserve that is available for leasing for development.

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.

Petrobras to Deploy Baker Hughes Completion Technology Offshore Brazil

Baker Hughes will be combining its completions technologies with conventional upper and lower completions solutions at Petrobras’ offshore developments.

LNG Leads the Way of ‘Energy Pragmatism’ as Gas Demand Rises

Coastal natural gas storage is likely to become a high-valued asset, said analyst Amol Wayangankar at Hart Energy’s DUG Gas Conference. 

Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise

Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.

Rocky Mountain Power Clears Torus as Commercial Battery Provider

The approval means Torus is certified to deploy up to 1.2 megawatts for grid-scale energy storage systems across the PacifiCorp service territory, Torus says.

Vitol Boosts Upstream Presence in West Africa with $1.65B Deal

Vitol is acquiring oil and gas E&P assets in Cote d’Ivoire and the Republic of Congo from Eni for $1.65 billion.

Apollo Buys Majority Stake in OEG Energy Group

Funds managed by affiliates of Apollo Global Management Inc. are acquiring a majority stake in OEG Energy Group from Oaktree Capital Management LP.

First US-Owned LNG Tanker to Serve Puerto Rico

LNG Tanker American Energy takes on a new mission 31 years after its construction. 

Meta, RWE Enter Offtake Deal from 200-MW Texas Solar Project

Meta will acquire 100% of the output from RWE’s Waterloo Solar project in Bastrop County.