Ryan Lance: ConocoPhillips Wants to ‘Double’ LNG Project Portfolio
ConocoPhillips aims to ingrain itself into the global LNG ecosystem, from shale gas output at the wellhead to liquefaction to shipping to regasification in Europe and Asia, CEO Ryan Lance said.
Barnett Shale’s BKV to Launch Delayed IPO of Natgas-focused E&P
BKV Corp. has positioned itself as an LNG supplier near Gulf Coast markets with production averaging 718 MMcfe/d across about 460,000 Barnett acres, supported by 778 miles of associated gas gathering pipelines and 65 compression units.
Battalion Accepts Smaller Buyout Offer From Fury Resources
Permian Basin producer Battalion Oil agreed to an updated proposal to be acquired by Fury Resources for $7 per share in cash after an initial offer last year of $9.80 per share.
Vistra Buys Remaining Stake in Subsidiary Vistra Vision for $3.2B
Vistra Corp. will become the sole owner of its subsidiary Vistra Vision LLC, which owns various nuclear generation facilities, renewables and an energy storage business.
Energy Transition’s Big Ticket Item? $1.5T in Natgas Infrastructure
Energy executives from companies such as Cheniere and Woodside are planning for the energy transition—and natural gas as part of it.
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.
Aethon to Offer $1B in Private Sale of Senior Notes
Aethon United, managed by Aethon Energy Management, said proceeds would go toward buying notes due in 2026
EIA Reports Natural Gas Storage Jumped 58 Bcf
The weekly storage report, released Sept. 19, showed a 58 Bcf increase from the week before, missing consensus market expectations of 53 Bcf, according to East Daley Analytics.
RNG Producer OPAL Recovers 25% of Capex from Tax Credits Sale
OPAL Fuels, which sold tax credits for $11.1 million, indicated that its capex for the Emerald RNG facility is approximately $45 million, according TPH & Co.
Matador Closes $1.8B Ameredev Deal, Updates Asset Development Plans
Matador Resources’ $1.83 billion bolt-on acquisition of the Delaware Basin’s Ameredev II adds 33,500 acres and brings the company’s inventory to approximately 2,000 net locations.