Global energy company TotalEnergies is expanding in the US shale patch with an upstream acquisition in the Eagle Ford of South Texas, chairman and CEO Patrick Pouyanné said March 18. “We are willing to integrate […]
Profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s “hostile” policies and warns that a second term would be “disastrous” for […]
LNG trader Vitol has signed a long-term deal to buy natural gas from US oil and gas producer EOG. Under the sales and purchase deal, EOG will supply 180,000 MMBtu/d of natural gas, or about […]
EOG Resources Inc.’s drilling plans — particularly in emerging plays in South Texas and the Utica Shale — are not being significantly impacted by the recent slump in natural gas prices, the company recently told […]
EOG Resources Inc., a multi-basin exploration and production firm, said its strong fourth quarter and full-year 2022 results were powered by robust natural gas and oil demand, price spikes and steady production activity. For the […]
HOUSTON, Oct. 4, 2022 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that William R. “Bill” Thomas has elected to retire from the board of directors and that Ezra Y. Yacob, Chief Executive Officer, has been appointed to the role […]
NEW YORK, Aug 17 (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with […]
Money managers have started to close out short positions on oil. The oil price slump that started mid-June could be about to reverse. The disconnect between the physical crude market and paper crude market remains […]
(Reuters) – At least a dozen U.S. shale gas executives met with European energy officials to discuss expanding U.S. fuel supplies to Europe amid a scramble to replace Russian imports. The group met in Houston […]
The U.S. shale patch is on the verge of a new boom in mergers and acquisitions, in which companies that have expanded with recent deals are expected to continue growing via acquisitions of scale to […]
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