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HomeExploration and Production

Exploration and Production

nuclear reactors
Exploration and Production

U.S. shale drillers to reduce Permian drilling emissions, increase reliability with nuclear reactors

April 2, 2024 Mariel Alumit

(Bloomberg) – U.S. oil and gas companies including Diamondback Energy Inc. are considering small nuclear reactors to power drilling operations in Texas’s Permian basin, a move aimed at cutting carbon emissions and ensuring reliable access […]

ENB Podcast

ENB #202 Managing the Energy Frontiers: Gifford Briggs with American Petroleum Institute

March 29, 2024 Stu Turley

In our society today, energy is life, and knowledge is power. When trying to understand what is happening with the oil and gas markets, you must find trusted sources for information. The API is a […]

Global natural gas investments
Exploration and Production

Global natural gas investments to reach almost $9 trillion by 2050

March 29, 2024 Mariel Alumit

ANKARA  The Gas Exporting Countries Forum’s (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the […]

US
Climate Crisis

Surge of new US-led oil and gas activity threatens to wreck Paris climate goals

March 28, 2024 Mariel Alumit

The world’s fossil-fuel producers are on track to nearly quadruple the amount of extracted oil and gas from newly approved projects by the end of this decade, with the US leading the way in a […]

Haynesville shale
Exploration and Production

Haynesville shale attracting investor interest in IPOs, Aethon Energy Management reports

March 28, 2024 Mariel Alumit

(Bloomberg) – There is growing investor interest in more publicly traded drillers in the natural gas-rich Haynesville shale of Louisiana, according to closely held Aethon Energy Management. There’s “a lot of desire out there to […]

Newsom Administration
Energy Policy

Ex-California Oil Official Says Newsom Administration Pressured Him to Illegally Withhold Drilling Permits

March 28, 2024 Mariel Alumit

A California whistleblower will head to trial next week for his lawsuit alleging the Newsom administration pressured him to illegally withhold drilling permits during his time as the head of the state’s oil and gas […]

U.S. natural gas production
EIA News

U.S. natural gas production grew by 4% in 2023, similar to 2022

March 28, 2024 Mariel Alumit

U.S. natural gas production grew by 4% in 2023, or 5.0 billion cubic feet per day (Bcf/d), to average 125.0 Bcf/d, according to our Natural Gas Monthly. The Natural Gas Monthly was recently updated with natural gas production data through […]

PetroChina
Big Oil Companies

PetroChina Aims to Power All Its Output With Clean Energy by 2033

March 27, 2024 Mariel Alumit

Chinese state oil and gas giant PetroChina plans to power all its drilling and refining activities with clean power by 2033 and to install massive renewable energy capacity this year. The Chinese firm is pledging […]

Marathon Oil Corporation
Exploration and Production

Marathon Oil Corporation Announces Pricing of Offering of $600 Million of Senior Notes Due 2029 and $600 Million of Senior Notes Due 2034

March 27, 2024 Mariel Alumit

HOUSTON, March 26, 2024 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) (the “Company“) announced today that it has priced an offering of senior notes in an aggregate amount of $1.2 billion, consisting of $600 million principal amount of its 5.300% Senior […]

Matador Resources Company
Big Oil Companies

Matador Resources Company Prices Upsized Offering of $900 Million of Senior Notes Due 2032

March 27, 2024 Mariel Alumit

DALLAS, Mar. 26 /BusinessWire/ — Matador Resources Company (NYSE:MTDR) (“Matador”) today announced that it has priced a private offering of $900 million of 6.500% senior unsecured notes due 2032 (the “New Notes”) at a price […]

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