Chord Energy Corp. has entered a deal to acquire hydrocarbon development areas in the Williston Basin owned by ExxonMobil Corp. for $375 million. The definitive agreement with XTO Energy Inc. and affiliates, which are ExxonMobil […]
Suddenly, in order to implement the Climate Leadership & Community Protection Act (Climate Act) net-zero transition the Integration Analysis, the New York Independent System Operator and the New York State Reliability Council all agree that a new resource […]
The U.S. power grid is facing an elevated risk of shortages in the coming summer months amid a nationwide push to replace fossil fuel generation with green alternatives, according to the nation’s top grid watchdog. The North American […]
The tensions between the providers of fossil fuel and renewable energy are increasing. And the president has not helped. Since taking office, President Biden has bent over backwards to accommodate the aggressive agenda set by […]
With permitting reform discussions occurring in Congress this week and debt ceiling negotiations continuing, major national renewable energy organizations sent a letter to House and Senate leadership urging the enactment of bipartisan transmission permitting legislation that builds […]
Ohio clean energy advocates say a string of solar project denials by state regulators has left renewable energy developers uncertain about the role of public input in permit decisions. Critics claim the Ohio Power […]
May 22 (Reuters) – Chevron Corp (CVX.N) said on Monday it is increasing its U.S. oil and gas footprint by acquiring shale producer PDC Energy Inc (PDCE.O) in a stock-and-debt transaction worth $7.6 billion. For Chevron, the second-largest U.S. […]
Having returned to activity in the Permian Basin last year, Marathon Oil Corp. reports that production here is already rivaling that of the Bakken and Eagle Ford formations. Lee Tillman, who is president, CEO and chairman of […]
Marathon Oil Corporation has a sound balance sheet that has been very free with returning capital to shareholders with both dividends and buybacks. We won’t be rid of oil and gas for many more decades, […]
Oil drilling is collapsing in the US as producers rein in output, mirroring a recent plunge in rigs searching for natural gas. Rigs targeting crude declined by 11 to 575 this week, according to data […]
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