Pietro D
Pitts
Hart Energy
Global Oil Demand to Grow by 1.9 MMbbl/d in 2024, Says Wood Mac
Oil prices have found support this year from rising geopolitical tensions including attacks by the Iran-aligned Houthi group on Red Sea shipping.
Repsol Eyes Increasing Core US Upstream Business
Madrid-based Repsol SA will invest €$2.2 billion (US$2.38 billion) between 2024-2027 on its unconventional assets in the Marcellus and Eagle Ford as it focuses on increasing its core U.S. upstream business platform.
As ONEOK Digests Magellan, Sets Stage for More NGL Growth in 2024
ONEOK is continuing the integration of its newly acquired Magellan assets in 2024 as the company keeps an eye out for M&A opportunities and awaits regulatory approvals for certain projects.
Alberta to Ban Renewables Projects on Prime Agricultural Land
Alberta will ban renewable power projects on prime agricultural land and erect buffer zones to ensure wind turbines do not spoil scenic views.
Matador Bolts On Additional Interest from Advance Energy Partners
Matador Resources carved out additional mineral and royalty interests on the acreage it acquired from Advance Energy Partners for $1.6 billion last year.
Buffett: ‘No Interest’ in Occidental Takeover, Praises 'Hallelujah!' Shale
Berkshire Hathaway’s Warren Buffett added that the U.S. electric power situation is “ominous.”
Continental Resources Makes $1B in M&A Moves—But Where?
Continental Resources added acreage in Oklahoma’s Anadarko Basin, but precisely where else it bought and sold is a little more complicated.
APA’s Permian to Pick up Production Slack Amid Overseas Headaches
With various overseas headaches, Houston-based APA Corp. aims to boost its Permian Basin volumes and integrate its Callon Petroleum acquisition when it closes in the second quarter.
What's Affecting Oil Prices This Week? (Feb. 26, 2024)
Stratas Advisors forecast that global crude production will be essentially unchanged from 2023, which means that demand growth in 2024 will outpace supply growth.
The One Where EOG’s Stock Tanked
A rare earnings miss pushed the wildcatter’s stock down as much as 6%, while larger and smaller peers’ share prices were mostly unchanged. One analyst asked if EOG is like Narcissus.