The United States increased its crude oil production in July by an average of just 12,000 barrels per day, according to the latest monthly data published by the Energy Information Administration. The United States produced […]
HIGHLIGHTS Bolt-on acquisition of core non-operated working interest properties in the Northern Delaware Basin for an initial purchase price of $157.5 million Average production of ~3,000 to 3,500 Boe per day (68% oil, 2-stream) expected […]
HOUSTON, Oct. 03 /BusinessWire/ — SilverBow Resources, Inc. (NYSE:SBOW) (“SilverBow” or “the Company”) announced today it has entered into a definitive agreement to acquire oil and gas assets in DeWitt and Gonzales counties (the “Acquisition” […]
North American LNG project developers are grappling with higher construction and lending costs, which could lead to prolonged commercial negotiations and delayed final investment decisions (FIDs). About 50 million tons per year of new LNG supplies from […]
Reforms to oil and gas permitting being considered by Congress could have an impact on New Mexico’s fossil fuel industry – one that makes up about a third of the state’s budget. The industry’s supporters […]
Europe is facing an existential crisis – having sufficient affordable heat and electricity this winter for its populations. People are not only suffering ahead of winter’s arrival, but the likelihood of people dying because of […]
The Permian Basin is among the most important energy-producing regions in the world. About 72 percent of Texas oil production and 46 percent of Texas natural gas production occurs there, and the area is a […]
Watch the latest video at foxbusiness.com As the renewable energy debate and how much to invest in it rages on in Washington, former BP chief scientist and U.S. Department of Energy Secretary of Science under […]
Imagine a clean energy future, and you might picture giant turbines twisting in the wind, or electric vehicles zipping quietly down the highway. Fossil fuels become relics, or disappear altogether. ExxonMobil has a different vision. […]
Summary In the United States, many are questioning whether student loan forgiveness will make inflation worse, and if the recently passed “Inflation Reduction Act” will offer relief. US President Joe Biden’s student loan forgiveness plan […]
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