Billionaire Warren Buffett bought almost 2.57 million common stocks from Occidental Petroleum Corp. last week for about $153.3 million. The purchase, made in three tranches, has increased Berkshire Hathaway Inc’s common shares in the United […]
DALLAS–(BUSINESS WIRE)–Jun. 12, 2024– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC (“Ameredev”), including certain […]
Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […]
Daily Standup Top Stories The Myth of the Inevitable Rise of a Petroyuan June 11, 2024 Stu Turley In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the […]
(Bloomberg) – Months after UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Azerbaijan, which has the presidency of the 29th United Nations’ […]
DENMARK, renowned for its progressive stance on renewable energy, faces scrutiny over its latest project: a DKK 27 billion gas-extraction project in the Danish North Sea, partly subsidised by the government. While the nation has […]
North America added nine rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on June 7. Although the U.S. dropped six rigs week on week, Canada added 15 during […]
(Bloomberg) – Noble Corp., the world’s biggest offshore oil-rig contractor by market value, agreed to buy its smaller competitor Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion. Diamond stockholders will receive 0.2316 […]
Daily Standup Top Stories New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer June 9, 2024 Stu Turley New Zealand was on Saturday night expected to revoke a ban on drilling […]
New Zealand was on Saturday night expected to revoke a ban on drilling for oil and gas amid fears of blackouts, as Labour plans to impose a similar crackdown on the North Sea. The country’s coalition government […]
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