April 12, 2019 was an auspicious day for Chevron. The supermajor, whose oil and gas tentacles extend across the world, announced it had reached an agreement to acquire Anadarko Petroleum for $33 billion. ...
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Oil and gas producers in Arapahoe County, Colo., this week narrowly escaped a six-month moratorium on all new drilling. ...
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Despite the number of banks and private equity firms that have put the kibosh on new oil and gas investments, producers are still finding investment partners eager to play. ...
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In its first earnings announcement this year, Tulsa-based NGL Energy appears to be surfing a wave at high tide. ...
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The game of Shuffleboard took on a whole new meaning between 2021 and ’22 as billion-dollar mergers by independents muscled up scale and drilling inventory amid soaring oil and gas prices. ...
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The newest refinery in the U.S. is the Texas International Terminals in Channelview, which came online in February joining 129 other refineries across the nation. Even the thought of building a refinery—especially now—seems a waste of brain cells. But one company has a grand vision to construct the petroleum refinery of the future that will reduce or eliminate 95% of greenhouse gas emissions. The only decision left is whether Texas or Okla., will call it home. Reese Energy Consulting today is following the latest news from El Campo, Texas-based Prairie Energy, which plans to construct a $5.56 billion “next generation” crude refining complex that not only will produce cleaner fuels but the heat processes to produce them will use a combination of pure O2, blue hydrogen, and green hydrogen. CO2 produced from the hydrogen unit will be captured and permanently sequestered. The facility itself will be powered by 100% renewable...
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