Devon Energy (NYSE:DVN) is considering major acquisition targets as it seeks to gain scale in U.S. shale, and has held preliminary talks in recent months about a combination with Marathon Oil (NYSE:MRO), Bloomberg reported Wednesday.
This project, known as GTN Xpress, is set to bolster the capacity of the Gas Transmission Northwest pipeline, which spans across Idaho, Washington, and Oregon, facilitating the daily transportation of approximately 150 million cubic feet (4.2 million cubic meters) of natural gas.
Occidental Petroleum formally unveiled the project it now calls “Stratos,” a direct air capture (DAC) facility foundational to the company’s future ambitions. Oxy was also approved by the Railroad Commission of Texas for a 7 mile CO2 export pipeline in Ector County Texas.
U.S. oil output from top shale-producing regions is set to fall for a third month in a row in November to its lowest since May, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday.
On Monday Iran, which supports Hamas and backs the Hezbollah armed group in southern Lebanon, warned that an expansion of the war was “approaching the inevitable stage.”
Tourmaline Oil Corp. announced an agreement Monday to buy Bonavista Energy Corp. in a deal worth $1.45 billion.
Canada could become the world’s biggest contributor in 2024. An increase in oil production by about 500,000 bpd is expected, which exceeds the 400,000 bpd increase predicted for the United States.
The information on this page is updated weekly with a pipeline projects within Texas. The source of the information is the Railroad Commission of Texas T4 Pipeline permits.
Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer.
Tracking active drilling rigs in Texas, Oklahoma, New Mexico and Louisiana in 2023 we have seen the rig count drop from 608 rigs to 482 rigs a loss of 126 rigs.
