Post Oak Minerals Acquires $475 Million of Permian Basin Focused Minerals & Royalties
HOUSTON--(BUSINESS WIRE)--Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), today announced that it has completed 10...
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Permian to Buy Occidental West Texas Assets for $817.5M
Permian Resources Corp. will buy some of Occidental Petroleum Corp.’s West Texas assets for $817.5 million, it said in a statement....
Geothermal Firm Partners with Petrobras for Drilling Tech
The collaboration aims to enable deep and complex offshore wells to be drilled from a light well intervention vessel....
UK Gov Announces ‘Unprecedented’ GB Energy Partnership
The partnership 'has the potential to leverage up to GBP 60 billion [$77.1 billion] of private investment into the UK's drive for energy independence', acc......
How Dangerous Is Extreme Weather for Oil and Gas Companies In 2024?
Rigzone conducts exclusive interviews with the ex-IPAA Chief Economist, the Manager of Policy and Communications at the IER, and the President of Transvers......
Henry Hub Prices Crash Back Toward $2
Henry Hub natural gas prices have crashed back toward $2 on storage concerns, BofA analysts noted in a BofA Global Research report sent to Rigzone....
USA Commercial Crude Oil Inventories Drop by Almost 4MM Barrels WoW
Crude oil stocks in the U.S., not including the SPR, were at 436.5 million barrels on July 19, according to the EIA....
Oil Prices Significantly Weaken Over Past Week
Oil prices have weakened significantly over the past week, analysts at Standard Chartered Bank said....
AVEVA and Meridian Energy Group Inc. Forge Partnership for World’s Cleanest and Most Advanced Crude Oil Refineries
/PRNewswire/ -- AVEVA, a global leader in industrial software driving digital transformation and sustainability, today announced a strategic partnership with......
Australia to Grant New Exploration Permits for Offshore Gas, CCS
'As ageing coal generation comes offline in coming years, gas will continue to be needed to firm renewable energy generation and as a backup during...