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Tullow Oil to Acquire Capricorn Energy in $827 Million All-share Deal
June 22, 2022
West Africa-focused Tullow Oil will acquire Capricorn Energy in an all-stock deal valued at 656.9 million pounds ($826.7 million), the London-listed energy groups said on Wednesday, as they focus on the reserve-rich African region. Investors in Capricorn, formerly known as
Matador to Acquire Summit’s Lane Gathering and Processing System for $75 Million, New Mexico
June 22, 2022
Matador Resources’ wholly-owned subsidiary has entered into a definitive agreement with Summit Midstream Partners to acquire Summit’s Lane Gathering and Processing System in Eddy and Lea Counties, New Mexico for $75 million. In connection with the transaction, the company will
Permian Basin Oil and Gas Growth Expected to Lead U.S. in Production Through 2023
June 22, 2022
Energy companies continued to invest in the Permian Basin of southeast New Mexico and West Texas, an area believed to be among the most lucrative oil and gas regions in the world, as fuel demand surged, and fossil fuel producers
Eagle LNG to Introduce Caribbean-Based Vessels to Fuel Royal Caribbean Group Ships
June 21, 2022
Eagle LNG Partners has partnered with the Royal Caribbean Group to provide liquefied natural gas (LNG) bunkering for the cruise company’s LNG ships, including the first ship debuting in 2023 — Icon of the Seas, the first ship in the
Cheniere Publishes 2021 Corporate Responsibility Report
June 21, 2022
Cheniere Energy has published its 2021 Corporate Responsibility (CR) report, entitled Acting Today, Securing Tomorrow. The report details Cheniere’s approach and progress on environmental, social and governance (ESG) matters as the company continues to support the global need for secure,
U.S. Drillers Add Oil, Gas Rigs for Second Consecutive Week
June 20, 2022
U.S. energy firms this week added oil and natural gas rigs for a second week in a row as crude production returned to pre-pandemic levels and President Joe Biden slammed oil producers for profiting from sky-high prices instead of boosting
Zephyr Energy Boosts Production Portfolio in North Dakota
June 20, 2022
Zephyr Energy said its portfolio of non-operated well interests, in the Williston Basin, North Dakota, continues to grow — with new drilling and bolt-on acquisitions. Over the past two months the company has elected to participate in seven new wells
API Urges SEC to Consider Alternative Approaches to Climate-Related Reporting Proposal
June 20, 2022
The American Petroleum Institute (API) submitted comments on the U.S. Security and Exchange Commission (SEC) proposed climate-related disclosure rule, The Enhancement and Standardization of Climate-Related Disclosures for Investors. In its comments, API reiterated its support of timely and accurate reporting
ExxonMobil Fires Back at President Biden After ‘God’ Quip
June 20, 2022
ExxonMobil has fired back at U.S. President Joe Biden after his quip that it is making ‘more money than God’ due to soaring crude prices. The U.S. oil and gas giant pointed out it had invested more than $50 billion
ExxonMobil Releases Statement Regarding President Biden’s Letter to Oil Industry
June 17, 2022
ExxonMobil released the following statement in response to a letter from President Biden. We have been in regular contact with the administration to update the President and his staff on how ExxonMobil has been investing more than any other company
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