Oil Falls More Than 4% as Investors Reassess Trump's Tariff Flip

Oil prices fell by nearly $3/ bbl on April 10, wiping out the prior session's rally, as investors reassessed the details of a planned pause in sweeping U.S. tariffs and focus shifted to a deepening trade war between Washington and Beijing.

IOG, Elevation Resources to Jointly Develop Permian Wells

IOG Resources and Elevation Resources’ partnership will focus on drilling 10 horizontal Barnett wells in the Permian’s Andrews County, Texas.

Saudi Aramco Discovers 14 Minor Oil, Gas Reservoirs

Saudi Aramco’s discoveries in the eastern region and Empty Quarter totaled about 8,200 bbl/d.

Abu Dhabi’s Mubadala Buys Stake in Kimmeridge Shale Gas, LNG Ventures

Mubadala Energy, owned by Abu Dhabi’s sovereign wealth fund, is buying a stake in Kimmeridge Texas Gas (KTG) and Commonwealth LNG as the United Arab Emirates company makes an entry into U.S. shale.

ONEOK, MPLX’s ‘Wellhead-to-Water’ Deal Dominates Permian NGL Race

The $1.75 billion ONEOK-MPLX deal reflects how midstream companies are going big in the petrochemicals sector.

CEOs: Sub-$60 WTI ‘a Mess’ but Tariffs ‘Had to Happen’

Some E&P leaders told Hart Energy the newly low oil prices aren’t good for business, while others said they will be fine in the long run.

South Bow Shuts Down Keystone Pipeline After Oil Release

South Bow Corp. reported a release of approximately 3,500 bbl near Fort Ransom, North Dakota, and it is evaluating the return-to-service plans.

Energy Transfer, MidOcean Agree to Jointly Develop Lake Charles LNG

Under a non-binding heads of agreement with Energy Transfer, MidOcean Energy would fund 30% of Lake Charles LNG's project costs and be entitled to 30% of production—contingent on a final investment decision, the companies said.

DOE Awards BWX Technologies $2.6B Contract to Operate SPR

BWX Technologies has formed Strategic Storage Partners LLC with APTIM Federal Services to operate and maintain quality control at U.S. Strategic Petroleum Reserve sites.

Segrist: Permitting Outreach Efforts Land in Unusual Hands

Natural Allies group seeks to convince blue state citizens to embrace the natural gas infrastructure that they need. Some of the country’s largest natural gas and midstream companies back the group.