Nissa
Darbonne
Oil and Gas Investor
China’s Stimulus Could Reignite Fuel Demand Long-term
In China’s biggest stimulus package since the COVID-19 pandemic, the government is attempting to reverse the country’s recent deflationary trend and boost fuel demand.
About 16% Crude Production Shut in GoM Due to Tropical Storm Helene
About 16% of crude production in the U.S. Gulf of Mexico on Sept. 24 were shut-in in response to Tropical Storm Helene.
VTX Energy Quickly Ramps to 42,000 bbl/d in Southern Delaware Basin
VTX Energy’s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion.
ATCE: Oil, Gas Face ‘Opportunities, Not Challenges’ as Global Energy Demands Grow
Experts at the 100th Annual Technical Conference predict the continued dominance of the oil and gas industry amid decarbonization efforts.
Analyst: Could Permian Gas Pipelines Fall Short of LNG Sweet Spot?
Permian Basin oil producers will be elated to see the Matterhorn Express and another planned pipeline move gas out of their way — but both will terminate east of the biggest LNG market in the world.
What's Affecting Oil Prices This Week? (Sept. 23, 2024)
For the upcoming week, oil prices could get a boost from another storm forming in the Gulf of Mexico that could be a hurricane by the evening of Sept. 25 and possibly affect much of the eastern Gulf Coast.
Vital, NOG Close $1.1B Acquisition of Delaware Basin’s Point Energy
Point Energy Partners, backed by Vortus Investments Advisors, sold its Delaware Basin acreage at 40,000 boe/d of production to Vital Energy and Northern Oil and Gas for $1.1 billion.
Matador Offers $750 Million in Senior Notes Following Ameredev Deal
Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
Macquarie Sees Potential for Large Crude Draw Next Week
Macquarie analysts estimate an 8.2 MMbbl draw down in U.S. crude stocks and exports rebound.
More Than 12% of US GoM Oil Output Still Shut After Hurricane Francine
There were 213,204 bbl/d of oil and 298 MMcf of natural gas still offline after Francine hit the coast last week.