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Helmerich & Payne Completes Acquisition of KCA Deutag
January 17, 2025
Helmerich & Payne, Inc. has completed its acquisition of KCA Deutag International Limited, establishing a global leader in onshore drilling. “We are excited to complete this transformative acquisition and welcome KCA Deutag’s talented employees to H&P. Today marks an important
Trump to Make it Easier for LNG Export Permit Renewals
January 17, 2025
U.S. President-elect Donald Trump plans to make it easier for some producers of liquefied natural gas (LNG) to seek export permit renewals, according to two sources with knowledge of the plan. Trump will likely include the change in an executive
Full Video: Trump EPA Nominee Lee Zeldin Testifies Before Senate
January 17, 2025
President-elect Donald Trump in November 2024 announced his choice of former Rep. Lee Zeldin to serve as his administrator of the Environmental Protection Agency, a Cabinet-level position overseeing enforcement of pollution-control standards. “Lee, with a very strong legal background, has
Full Video: Trump Department of Interior Nominee Doug Burgum Testifies Before Senate
January 17, 2025
In November 2024 President-elect Trump made it official announcing that North Dakota Gov. Doug Burgum will lead the U.S. Department of the Interior. “I am thrilled to announce that Doug Burgum, the Governor of North Dakota, will be joining my
Full Video: Trump Energy Secretary Nominee Chris Wright Testifies Before Senate
January 17, 2025
In November 2024 President-elect Donald Trump named oil industry CEO Chris Wright to lead the Energy Department, installing a vocal critic of government efforts to fight climate change. He’d be charged with fulfilling Trump’s campaign promise to claw back billions
Langford Energy Partners Enters Midland Basin with Acquisition from Murchison Oil & Gas
January 15, 2025
Affiliates of Langford Energy Partners (LEP) has closed on the acquisition of Midland Basin assets from Murchison Oil and Gas. “LEP’s acquisition represents a great opportunity for our team to add to its long history of operating success and delivering
Amplify Energy to Add DJ and Powder River Assets in Merger Agreement with Juniper Capital
January 15, 2025
Amplify Energy has entered into a definitive merger agreement with privately held Juniper Capital to combine with certain Juniper portfolio companies which own substantial oil-weighted producing assets and significant leasehold interests in the DJ and Powder River Basins. Under the
API Calls on Incoming Administration and Congress to Seize the American Energy Opportunity
January 15, 2025
The American Petroleum Institute (API) held its annual State of American Energy event, urging the incoming Trump administration and Congress to seize the American Energy Opportunity by advancing commonsense energy policies. Following an election where American voters sent a clear
DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Centers
January 15, 2025
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has allocated $101 million in federal funding for five projects to support the development of carbon dioxide (CO₂) capture, removal, and conversion test centers for cement
Kimbell Royalty Partners Adds to Permian Portfolio with $231 Million Deal
January 14, 2025
Kimbell Royalty Partners has agreed to acquire mineral and royalty interests held by a private seller valued at approximately $231 million, subject to purchase price adjustments and other customary closing adjustments. “The acquired assets are located on one of the
