Permian, Appalachian Basins Biggest Players in NatGas Production Increase, IEA Says
New IEA report depicts the U.S. boosting production and Europe’s high sensitivity to Russia’s gas supply.
July 19, 2023
IEA: Permian, Bakken, Eagle Ford Hit Record NGL Production
The U.S. and Canada were the biggest drivers of non-OPEC+ supply with the Permian Basin, Eagle Ford Shale and the Bakken drove U.S. NGL production to a record high in April, the IEA said.
July 14, 2023
Private Equity Touts E&P Investments, Acknowledges Fundraising Woes
ESG pressures and declining returns in the past have hindered plans by private equity firms such as Quantum Energy Partners to raise billions of dollars.
July 10, 2023
Rystad: Oil, Gas Sector Has All the Money it Needs
Despite the hue and cry over oil and gas underinvestment, Rystad said greater efficiency and productivity has the investments needed for E&Ps to meet demand.
July 7, 2023
Exclusive Q&A: Number of Energy IPOs May More Than Double by End of Year
With four energy IPOs so far this year, six more may launch before the end of 2023.
July 6, 2023
Gas Producers Stress Tested at Lower Prices Show Mixed Results
Nine natural gas companies’ resilience was tested amid a mock drop in gas prices, with some E&Ps potentially facing debt repayment hardships and producing negative cash flow at lower prices.
July 5, 2023
Canada’s Gibson to Buy South Texas Gateway Terminal for $1.1B
Canada’s Gibson Energy will expand its portfolio by buying South Texas Gateway Terminal, the second-largest oil export facility in the U.S., from Buckeye Partners and partners Phillips 66 Partners LP and Marathon Petroleum Corp.
June 15, 2023
Energy Bests All Sectors in Q1 Dividend, Buyback Yields
The energy sector’s combined buyback and dividend yields were 8.36% compared to the S&P 500’s overall yield of 4.05%.
June 14, 2023
Family Offices Step Up to Fund Oil, Gas
Insiders say family offices are increasingly willing to take on oil, gas investment risks as returns skyrocket.
June 14, 2023
US Shale’s Lost Its Swing, OPEC Needed to Fill Gap
Energy Aspect said OPEC is in the driver's seat as U.S. shale plays and the Gulf of Mexico, Permian Basin will see oil growth taper next year.
June 1, 2023