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Energy Trader Vitol Eyes $3B Sale of US Shale Producer, Sources Say
Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said.
US LNG Exports May See EU Demand Drop-Off, Asian Surge
Ukrainian peace talks could end with Russian gas back on the market, Poten & Partners analysts said.
Exclusive: Rapid Haynesville Production Challenges LNG Market Stability
Gordon Huddleston, partner and president at Aethon Energy, delves into how the Haynesville's proximity to LNG export terminals positions the play as a major gas supplier, but LNG project timing and rapid influx of gas are contributing to volatility, in this Hart Energy Exclusive interview.
DNO ‘Hot Streak’ Continues with North Sea Discovery
DNO ASA has made 10 discoveries since 2021 in the Troll-Gjøa exploration and development area.
Japan’s Mitsui Testing Western Haynesville Alongside Comstock, Aethon
Japanese firm Mitsui has plans to drill a horizontal well in the emerging western Haynesville play as renewed foreign investment in U.S. shale continues to pick up steam.
E&P Execs Level Scathing Criticism at Trump's Drill Baby Drill 'Myth'
E&P executives pushed back at the Trump administration’s “drill, baby, drill” mantra in a new Dallas Fed survey: “’Drill, baby, drill,’ does not work with [$50/bbl] oil,” one executive said.
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.
Aramco Secures 50% Stake in Blue Hydrogen Industrial Gases
Aramco and Blue Hydrogen are expected to combine their operations to produce hydrogen from Aramco’s carbon capture and storage operations in Jubail, Saudi Arabia.
NatGas Positioned in a ‘Goldilocks’ Zone to Power Data Centers
On-site power generation near natural gas production is the tech sector's ‘just right’ Goldilocks solution for immediate power needs.