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and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. (Oil and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. PLC (NYSE: DEC, LSE: DEC) ( Diversified Energy ), FuelCell Energy, Inc. and DANBURY, Conn. and DANBURY, Conn. The partnership initiative, using U.S.-made
CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3
Todays TRADITIONAL SUPER BASINS of oil & gas will not meet the challenges of sustainability and achieving Net-Zero by 2050. For the upstream industry to become more sustainable, it must focus on resources that are co-located with both plentiful clean electricity and CCS potential.
With waters role in energy production more critical than ever, organizers of a fast-approaching annual conference on that subject promise that this year’s iteration will be the most impactful yet. PBWIEC provides a platform for companies to connect and showcase their leadership in sustainable water management and energy innovation.
Efficient water management is crucial for long-term sustainability and resilience. The importance of water efficiency: Water is a vital resource that underpins virtually every aspect of modern society, from energy production and agriculture to manufacturing and domestic use. In the U.S. in 2020, the electric power sector used 47.5
The midstream energy sector is undergoing a transformative shift. This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Energy Transfer (ET) Who Are the Key Players? energy production growth.
Tropical cyclones (hurricanes in the Atlantic and Northeast Pacific basins and typhoons in the Pacific and Indian Ocean basins) are weather events which involve wind, rain, thunderstorms and storm surge and can trigger tornadoes. Storms are rated in.
billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. shale, positioning it as a leader in energy transition discussions. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets.
Dan Pickering, chief investment officer of Pickering Energy Partners, provides a nuanced look at the trends and challenges shaping the sector, supported by key numbers and forecasts. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. LNG EXPORTS AND ENERGY SECURITY: U.S.
Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., it was Chesapeake Energy. This company faced and survived nearly every extreme the energy industry could throw, including bankruptcy. From Bankruptcy to #1! With its recent $7.4 Chesapeake and Southwesterns $7.4
According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. As a result of the increased use of natural gas to generate electricity, the air we breathe is cleaner today than it has been since the 1990s , and energy costs for the average U.S.
the rise of unconventional resources like coal bed methane, and how the industry began reshaping Americas energy map. This wasnt just about producing oil and cementing Americas path toward energy independence. Merged with Texaco in 2001, solidifying its position as one of the worlds energy giants. Now, heres Part 2.
West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville. producers, especially in gas-focused regions.
As the leaves fall and we settle into Halloweens cozy, pumpkin-spiced vibes, its not just the ghostly shadows creeping through the energy sector; major oil companies have reported mixed Q3 earnings, facing various challenges and surprises. Grab your pumpkin latte and settle in for a spooky yet festive wrap-up of the energy sector! ????
The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. domestic energy production.
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.
ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “As we announced today, we signed PSAs for about $600 million.
(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. Together we’re unlocking synergies, creating new opportunities, and setting the stage for sustainable growth.”
TSX: WCP) stands at the forefront of efficiency-driven growth in the Canadian energy sector. Maintenance capital efficiency improvements ensure sustainable production growth. As we enter 2025, Whitecap Resources Inc. billion Funds Flow: $1.65 billion ($2.81/share) Debt/EBITDA ratio Dividends & Share Buybacks: Base dividend of $0.73/share
AI-driven applications require immense computing power, and as a result, energy consumption has skyrocketed. 1, is making a strategic move to supply natural gas-powered energy to AI data centers across the United States. Even a single query on ChatGPT can use 10 times the energy of a standard Google search. million U.S.
Supporters argue it ensures energy security, while opponents claim it undermines environmental protections and presidential authority. The Permian Basin saw the largest increase, adding four rigs, highlighting the resilience of U.S. The post Valor | Energy Connection Feb. Read more U.S. Read more U.S. shale producers.
With less than 3 weeks to go before the inauguration of the second Trump administration in the US, analysts in the energy sector are eagerly looking forward to hearing what the president-elect Trump will spell out with regard to his energy policies. million bpd, when the global production was 96.4
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