The auction for the three wind leases, leftovers from the 2015 Atlantic wind lease sale, offshore Massachusetts brought in a record $405 million in bids—each for about $135 million.
Drillers cut four oil rigs in the week to Dec. 14, bringing the total count down to 873, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
Expansion of Transco gas pipeline will help meet growing demand from Northeast markets.
Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Dec. 14.
Pioneer Natural Resources CEO Timothy Dove said the buyback plan was consistent with the priorities of the Permian Basin-focused company's 10-year plan.
Charlie Shufeldt, IOG Capital managing director who helped co-found the Dallas-based investment firm after spending the first part of his career at large investment institutions, is today’s Forty Under 40 honoree.
New solar generation capacity coming online in the third quarter was particularly weak because it reflected a delay in projects being given the go-ahead late in 2017.
Riviera Resources, which formed this year through a spinoff from Linn Energy, said it agreed to sell its roughly 37,000 net-acre position in the Arkoma Basin.
The project targets full in-service for 2019 and reiterates its $4.6 billion cost estimate.
Polish gas company PGNiG is set to receive a spot cargo of U.S. LNG on Dec. 13 as part of plans to reduce its reliance on Russian imports and to become a bigger player in the LNG market.