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EOG Resources $5.6B Bet on the Utica: What It Could Mean for the Wider M&A Market 

Enverus

This landmark deal not only reshapes EOG’s portfolio but also sends ripples through the broader energy M&A landscape, signaling a shift in where, and how, operators are seeking growth. This move marks EOG’s first major acquisition since its 2016 purchase of Yates Petroleum. billion acquisition of Encino Acquisition Partners (EAP).

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How has the U.S. energy use changed since 1776?

Oil & Gas 360º

Early use of water to power grist, lumber, and other milling operations is not well quantified and not included in our data, but such mills were common throughout early U.S. In 2016, biofuels —including the fuel ethanol mixed in motor gasoline—became the most-consumed U.S. energy production until more recently. Data source: U.S.

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Venezuela’s PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump

Oil & Gas 360º

licenses allowing foreign partners to operate in the sanctioned OPEC member. There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not immediately respond to a request for comment. (Investing) – Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52

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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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ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea

Rigzone

Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery. This is the third exploration well in production license 891, awarded in the Awards in Predefined Areas (APA) in 2016, the Directorate said in its notice.

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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

About Ron Gusek Ron Gusek is the CEO of Liberty Energy, after serving as President since November 2016. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries. The conference is free for qualified investment professionals. from 2018-2024. Conference Dates: August 17–20, 2025.

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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling. After the completion of operations, the well was permanently plugged and abandoned.