Woodside Energy, Santos in Merger Talks to Create Global Energy Giant

[ad_1] SYDNEY—Woodside Energy and Santos said they are discussing a merger that could result in a new global giant worth around $52 billion, illustrating how rising demand for natural gas…

FTC Investigates Exxon’s $60 Billion Deal for Pioneer

[ad_1] Updated Dec. 5, 2023 5:25 pm ET U.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which would be the largest oil-and-gas deal in two…

U.S. Oil Land Grab Continues

[ad_1] Occidental’s talks with CrownRock will make the few remaining large parcels in the Permian basin pricey. [ad_2] Source link

WSJ News Exclusive | Occidental Petroleum in Talks to Buy Permian Producer CrownRock

[ad_1] Occidental Petroleum is in talks to buy CrownRock, a major energy producer in the west Texas area of the Permian basin, continuing a frenzy of deal making in the…

WSJ News Exclusive | OPEC+ Mulls New Oil Production Cuts Amid Middle East Conflict 

[ad_1] Updated Nov. 29, 2023 2:03 pm ET OPEC and its Russia-led allies are considering new oil production cuts of as much as 1 million barrels a day, delegates said…

American Oil—Good to the Last Drop?

[ad_1] How low can they go? U.S. shale developers have been on a relentless chase to drill for oil as cheaply as possible. With plenty of cash in their pockets…

Opinion | Chuck Schumer Doesn’t Know How Gas Prices Work

[ad_1] Senate Majority Leader Chuck Schumer and 22 Democratic senators recently wrote to Federal Trade Commission Chairman Lina Khan calling for an investigation into the proposed mergers between Exxon Mobil…

Santos’s Barossa Gas Pipeline Delayed by Australian Court

[ad_1] Updated Nov. 2, 2023 12:36 am ET SYDNEY—Santos’s attempt to lay a pipeline through a gas field off Australia’s north coast has been held up after a court granted…

In Texas, Bitcoin Springs from Gas Wells

[ad_1] When gas prices go down, producers can use it to mine crypto coins. [ad_2] Source link

U.S. Oil Inventories Increase Amid High Production

[ad_1] Oct. 25, 2023 11:07 am ET U.S. oil inventories rose by more than expected last week according to data released Wednesday by the Energy Information Administration, weakening already declining…