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Conoco Seals $1.4B Deal with Origin for Australia Pacific LNG Interest
ConocoPhillips has completed the purchase of an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.645 billion. After customary closing adjustments, cash paid…
Chevron Inks LNG Deal with Hokkaido Gas Co.
Chevron Corp. has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron's global LNG…
Pieridae Energy Third Quarter 2020 Results
Pieridae Energy Limited reported its Q3 2020 results. Highlights: Revenue (net of royalties) of $54.6 million in Q3 2020, an increase of $41.4 million or 315% compared to…
Kinder Morgan, EIG Put Final Stage of Elba LNG Expansion In-Service
Kinder Morgan Inc. and its partner, EIG Global Energy Partners, reported the commercial in-service of Unit 7, the last of 10 Movable Modular Liquefaction units of the approximately…
US LNG Cargoes Face Cancellations for August
A sizable block of scheduled US LNG cargoes are expected to be canceled for the month of August, according to a report by Reuters. Approximately 40-45 August LNG…
Asia - Pacific News
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
New E&P Scores Capital; Heading To the MidCon Region
Company Overview 406 Energy, LLC is a newly formed, Houston-based upstream oil & gas development company launched in October 2025 with an initial equity commitment from NGP Natural…
2025 Forecast : Dangerous Time Ahead
This is the time of year when we share a clear view into how we’re thinking about what to expect for drilling and completion activity in 2025. To…
Petrus Resources Ltd. First Quarter 2023 Results
Petrus Resources Ltd. announced first quarter 2023 results. Highlights Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d…
United States News
Battalion Oil Corporation First Quarter 2023 Results
Battalion Oil Corporation announced first quarter 2023 results. Highlights Substantial progress on acid gas treating facility as we ramp up gas delivery toward bringing the facility fully online…
Amplify Energy Corporation First Quarter 2023 Results
Amplify Energy Corporation announced first quarter 2023 results. Highlights During the first quarter of 2023, the Company: Achieved average total production of 19.4 MBoepd Generated net cash provided…
Denbury Inc., First Quarter 2023 Results
Denbury Inc., announced first quarter 2023 results. Highlights First quarter 2023 net cash flows provided by operating activities totaled $89 million, and adjusted cash flows from operations(1) totaled…
Evolution Petroleum Corporation Fiscal Third Quarter 2023 Results
Evolution Petroleum Corporation announced fiscal third quarter 2023 results. Highlights Reported sequential growth in revenue of 9% to a record $36.9 million and in net income of 34%…
Black Stone Minerals, L.P. First Quarter 2023 Results
Black Stone Minerals, L.P. announced first quarter 2023 results. Highlights Mineral and royalty production for the first quarter of 2023 equaled 36.8 MBoe/d, a decrease of 8% over…