Frackers Increase Spending but See Limited Gains
U.S. oil and gas producers raked in profits last year, but inflation and inventory cloud their 2023 prospects. Source link
Natural Gas/Oil Exploration
The Offshore Oil Business Is Gushing Again
The $1.2 billion Deepwater Titan sat idle in a Singaporean shipyard for five years, looking like an abandoned cruise ship...
Oil-and-Gas Companies Seek ESG Loans, Pledging Emissions Cuts
MarketsCredit MarketsFirms offer securities tied to decarbonization objectives as they seek new investors Source link
WSJ News Exclusive | Exxon Mobil Has a Potash Problem in the Permian Basin
The Texas-based oil giant shares a chunk of New Mexico land with mining companies, which makes drilling there a challenge....
Fracking Pioneer Harold Hamm to Take Continental Resources Private
Harold Hamm, the billionaire fracking pioneer, agreed to buy the shares of Continental Resources Inc. CLR 8.68% not owned by...
Oil Royalty and Mineral Companies Sitio and Brigham to Merge in $4 Billion Tie-Up
Sitio Royalties Corp. and Brigham Minerals Inc. have reached a deal to merge to form one of the largest publicly...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase...
WSJ News Exclusive | Redwood Materials Plans $3.5 Billion Battery-Materials Plant in Nevada
The company run by Tesla Inc.’s former chief technology officer plans to spend $3.5 billion on a battery-materials factory in...
U.S., EU Sanctions on Russia Could Ensnarl Western Oil Companies
LONDON—Some of the West’s biggest oil companies could find themselves in the crosshairs of sanctions now being drafted by their...
Federal Judge Stops Biden Administration From Blocking New Oil and Gas Leases
A federal judge in Louisiana issued a preliminary injunction blocking the Biden administration from pausing new oil and gas leases...
Fracking Companies Continue Consolidation as Cabot, Cimarex Form $14 Billion Firm
U.S. shale drillers Cabot Oil & Gas Corp. COG -6.18% and Cimarex Energy Co. XEC -6.75% said Monday that they...
Big Oil Companies Recover as Prices Rebound
Big oil companies returned to profitability during the first quarter as they recovered from the unprecedented destruction of oil-and-gas demand...
Battery-Making Rivals to Settle Trade Rift That Threatened Georgia Plant
Korean battery-making rivals SK Innovation Co. and LG Chem Ltd. have agreed to settle a trade-secret dispute that had threatened...
