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Brent Drops Below $70 as Israel-Iran Ceasefire Holds

OilPrice

US electricity demand is expected to soar to levels not seen since the summer of 2013 as regional operator PJM warned of consumption potentially reaching 158 GW, with temperatures nearing 100°F.- Power demand in the US averaged 36.5 BCf/d over the weekend before skyrocketing to 47.5 Henry Hub gas futures…

BCF 228
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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The merged company will operate under the Whitecap Resources name and will be headquartered in Calgary, Alberta. paid C$27,556 per hectare, marking the priciest single transaction since 2013. The divestitures are expected to close before June 30, 2025. In a standout September deal, Millennium Land Ltd. contributing nearly 12,000 bpd.

Gas 52
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027. To remain competitive in this new context, companies are investing in decarbonizing their operations. Mtpa, COD 2025); and Sinopec’s Qilu-Shengli chemical plant (1.0 Mtpa, COD 2022). 2 Comparing €39/ton in a 0.6

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Plain Language Meets Common Sense: Hidden Traps in Oil Patch Contract Interpretation

Producer's Edge

Under the Agreement, Sewak was paid his day rate for work done in 2013 to 2015. " Despite this "definition," the Court determined that the phrase "ground floor basis…[does] not make sense when applied to existing unit operations."

Oil 52
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1776 Energy Operators, LLC – Pipeline Permit Summary

Oil Gas Leads

Permit Number: 08442 Permit Validity: Until July 31, 2025 Commodity Transported: Gas Classification: Private Counties: DeWitt, La Salle Total Permitted Miles: 13.40 miles Regulated Miles: 0.00 Unregulated Miles: 13.40 Amendment Codes: MP (Merge Permits): 2.11 mi PA (Pipeline Addition): 4.24 mi OM (Other Modifications): 7.05 09136 – 0.82

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DOE Cancels $4.9B Loan Guarantee for Grain Belt Express Project

Rigzone

“It is an open-access line that will deliver all forms of American energy based on customer demand and available market power, enhancing the ability of the largest grid operators to share power, including from generators directed to operate under DOE’s 202(c) authority”, the letter added.

Energy 74
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U.S. District Court Finds No Evidence of Continuing Trespass and Holds Permanent Trespass Claim is Barred by Statute of Limitations and Claim Preclusion

Vorys Energy

The plaintiffs contended that SWN's hydraulic fracturing operations on an adjacent property in 2013 unlawfully caused proppants to invade the subsurface of their property and allowed gas from their property to flow unimpeded for capture.