A ‘Unicorn:’ EOG Ropes Last Large Undeveloped Eagle Ford Oil Block
EOG Resources’ 30,000-net-acre Eagle Ford addition brings 120 new 3-mile-lateral locations to its position across the play’s oily…
Chevron Slashes Buybacks as Trump Trade War, OPEC Hit Oil
(Bloomberg) — Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President…
Alaska LNG project aims to transform US energy exports to
Japan’s top power generator JERA, the world’s second-largest LNG buyer after China, may consider the $44 billion Alaska…
Woodside gives green light to massive Louisiana LNG project
Woodside Energy Group has approved the development of its Louisiana LNG facility, committing to a $17.5 billion investment…
Bearishness Plagues Oil as Matador Cuts Capex, Production Outlook
U.S. oil producers have little to be excited about entering first-quarter earnings. WTI crude prices have collapsed 14%…
Devon Makes Operational Overhaul Amid Oil Market Volatility
Devon Energy aims to boost annual pretax cash flow by $1 billion through a series of cost-reduction efforts.…
Japan Embraces Lab-Made Fuels Despite Costs, Climate
(Bloomberg) — For Japan’s largest utilities, lab-made fuels are a meaningful step toward greener energy that also extends…
Oil Traders Lurch From Praying for Volatility to Drowning in
(Bloomberg) — Until recently, oil traders complained that it was almost impossible to wring profits out of a…
Abu Dhabi Defies Oil Price Plunge to Keep Building Big at
(Bloomberg) — Abu Dhabi has spent the past few years funneling oil revenue into building everything from splashy…
Stocks Rebound Fizzles as Trump Goes on Offensive: Markets
(Bloomberg) — A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the…
Fracker Liberty’s Profit Falls to 3-Year Low as Oil Slumps
(Bloomberg) — Shale fracker Liberty Energy Inc. posted its worst earnings in three years amid plunging oil prices…
Vista Buys Petronas’ Argentina Oil Stake in $1.5 Billion
(Bloomberg) — Vista Energy, the No. 2 crude producer in Argentina’s burgeoning Vaca Muerta shale basin, has acquired…