Australia’s Woodside Energy in July tossed a $1.2 billion life raft to the proposed but painfully troubled Driftwood LNG plant then in pre-FID Phase I construction on the La., Gulf Coast. Houston-based Tellurian initially announced the 27.6 mtpa project in 2017, one year after Cheniere Energy waved sail-on-sailor to its inaugural LNG export cargo....
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As they say, when one door closes another door opens. But in the case of Midland, Texas-based Diamondback Energy this week, that old expression with one negative translates to a big positive all the way around. ...
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Following its analysis through the end of August, our friends at Rystad today reports U.S. oil and gas M&A this year could surpass the $155 billion chalked up in 2023. With $100 billion already on the books in 2024, and another $46 billion in assets currently up for sale, buyers and sellers still have one-third of a year to make their final selections and bring them to the checkout counter....
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Do you hear a vroom? If so, that would be compliments of Tulsa-based ONEOK and its well-oiled (pun intended) midstream machine that sounds a might throatier today....
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Back in 2020, Houston-based Piñon Midstream set out to cure a massive headache for producers in Perm Town’s most prolific eastern flank of the Delaware in N.M., and Texas—namely, the lack of infrastructure to gather and treat pervasive sour gas. Solving that problem would no doubt be a grand introduction into the nation’s hottest play. Solving another would be even grander. ...
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Rusty Hutson isn’t your typical gas producer. As the founder and CEO of Ala.-based Diversified Energy, he walks his own path—even one he didn’t expect to find again....
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