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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360ยบ

billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters. Exxon plans a final investment decision for Longtail in 2026 and could start up the project by 2029. By Charles Kennedy for Oilprice.com

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

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. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. times by year end 2026.

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Whitecap Resources and Veren Announce $15 Billion Merger to Create Leading Light Oil Producer

Oil Gas Leads

The transaction will create a leading Canadian light oil and condensate producer, with a dominant position in the Alberta Montney and Duvernay formations, as well as significant operations in Saskatchewan. by year-end 2026. (TSX: VRN) have announced a strategic all-share merger valued at approximately $15 billion, including net debt.

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