Sunday, 19 January 2025

Focus on ConocoPhillips

FILE PHOTO: The sun sets behind power lines above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson/File Photo
BusinessEconomyElectricityNatural GasNewsOilPoliticsRegulationsTransmission

Texas approves plan to boost oil and gas drillers’ power grid access

Texas has approved a $15B plan to expand power grid infrastructure in the Permian Basin, vital for rising oilfield energy demands.

People gather outside American University of Beirut Medical Center (AUBMC) as more than 1,000 people, including Hezbollah fighters and medics, were wounded when the pagers they use to communicate exploded across Lebanon, according to a security source, in Beirut, Lebanon September 17, 2024. REUTERS/Mohamed Azakir
BusinessElectionsEnvironmentIndustryNatural GasNewsOilPolitics

Energy execs say they believe VP Kamala Harris is indeed open to fracking

Top natural gas executives say they trust Kamala Harris's pledge to keep fracking, citing energy price concerns.

News Release

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Announces Acquisition

MIDLAND, Texas, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG)...

Air bubbles rise through treated water to remove additional contaminants at the Aris Water Solutions wastewater treatment pilot project in Reeves County, Texas, U.S., July 24, 2024. REUTERS/Adrees Latif
AgricultureBusinessClimateEnvironmentFuelIndustryLegislationNewsOilPoliticsRegulations

In arid New Mexico, rural towns eye treated oil wastewater as a solution to drought

New Mexico politicians hope that new technology will allow oil wastewater treatment to provide a lifeline for agriculture and other businesses.

FILE PHOTO: A Marathon Oil well site is seen in Texas, U.S., May 18, 2020. Picture taken May 18, 2020.  REUTERS/Jennifer Hiller/File Photo
BusinessFuelNewsOil

Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal

Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips, the company said.

FILE PHOTO: A Marathon Oil well site is seen in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller/ File Photo
BusinessFinanceFuelIndustryInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOilTransmissionUtilities

Marathon Oil misses profit estimates on weak natural gas prices

Marathon Oil missed Q2 profit estimates due to falling natural gas prices, with shares dropping 1.7% after the announcement.

FILE PHOTO: ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Exxon delivers $9.2 billion second-quarter profit, raises output target

Rising oil prices and a boost from buying Pioneer lead Exxon Mobil to bumper Q2 profits.

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

US oil and gas mergers continue at furious pace in Q2, says Enverus

Blockbuster has and oil mergers companies are continuing well into Q2 this year with $30bn in tie-up deals for fossil fuel giants.

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCourtsFuelNatural GasNewsOilPoliticsTrade

Trinidad’s court reaffirms recognition of ConocoPhillips’ claim against Venezuela

The decision allows ConocoPhillips to enforce a $1.33 billion claim against Venezuela, potentially freezing payments for joint gas projects.

FILE PHOTO: FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
IndigenousInfrastructureNewsOilPolitics

Japan, S. Korea refiners join China in buying Canadian TMX oil

The Trans Mountain pipeline, owned by the Canadian government, was expanded in May.

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