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EOG Resources Acquires Encino for $5.6B, Expands Premier Utica Shale Position

Rextag

million net acres and more than 2 billion barrels of oil equivalent (Boe) in undeveloped resources. CPP’s head of sustainable energies, Bill Rogers, noted the success of the investment and the strong returns it generated. billion (CA$36.3B) globally in the sustainable energy space. per share, payable October 31, 2025.

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Tankers showing caution around Strait of Hormuz after U.S. attack on Iran nuclear sites

CNBC: Energy

"This suggests that, for now, the overall flow of vessels into the region is being sustained despite the recent, specific diversion event." million barrels per day, accounting for about 20% of global petroleum liquids consumption, according to the U.S. In 2023, oil flows through the waterway averaged 20.9

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Energy Market Assessment: Needing more oil & natural gas, and a drilling boom

Oil & Gas 360º

Although the current month futures contract price for West Texas Intermediate (WTI) crude oil is below $67 per barrel, the Oil Index (XOI, red line) is up 0.5% million level reached with the recovery out of The Coronavirus Recession dictated (bold dot and bold line), it is an economic growth level sustained since April. Figure 5: U.S.

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Valero announces notice to the California Energy Commission regarding its Benicia, California, refinery

Oil & Gas 360º

million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of approximately 1.2 Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K.

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IEW 2025 Days III & IV: India's quest for a gas economy

Oilholics Synonymous Report

What many in the industry choose to describe as a 'bridging fuel', is a medium the Indian government, and indeed many others, appear comfortable in embracing to wean them off coal and help with a shift to more sustainable sources. mmtpa from 2026 for 14 years.

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Ghana’s crude oil production dips 9.54% in 2023

Reporting Oil and Gas

million barrels, according to Finance Minister Ken Ofori-Atta. Addressing Parliament while presenting the 2024 budget and economic policy, the finance minister detailed that the Greater Jubilee field contributed 21.94 million barrels, the TEN field produced 5.02 million barrels, and the Sankofa-Gye Nyame field yielded 8.46

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NGL Energy Sells $270M in Assets as Alliance Energy Acquires Propane Terminals in Strategic Expansion

Rextag

The 550-mile Grand Mesa pipeline originates in Weld County, CO, and terminates at Cushing, OK, providing up to 150,000 barrels per day of crude takeaway capacity. In particular, the company is placing renewed emphasis on the Grand Mesa Pipeline , its flagship crude oil system serving producers in Colorados Denver-Julesburg Basin (DJ Basin).

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