A LNG cargo from the U.S. has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Nov. 12.
Massif Oil & Gas said it partnered with NGP to form Massif II in hopes of leveraging its proprietary relationships and operational expertise for another go-around in the Powder River Basin.
Oil neared three-month lows on Nov. 8, surrendering early gains as investors focused on global crude supply, which is increasing more quickly than many had expected.
Jimmy Crain, partner of EnCap Investments and a member of the leadership team at the private-equity firm’s Dallas office, is today’s Forty Under 40 honoree.
Today’s Forty Under 40 honoree is Jason Craig, managing director at Denham Capital who said his goal is to help bring the private-equity provider into what he calls the “post- resource-grab era.”
Brazil’s state-controlled oil company Petroleo Brasileiro SA (NYSE: PBR) reported a surge in third-quarter net profit, helped by a pick-up in oil prices and the weakening of the real currency, the company said on Nov. 6.
Energy Spectrum’s Ben Davis maps out the etiquette for both sponsor and management team in navigating the relationship.
Oil prices steadied on Monday as U.S. sanctions against Iran’s fuel exports began but were softened by waivers allowing major buyers to import Iranian crude for a while, as Tehran said it would defy Washington and continue to sell.
Blackbird Energy and Pipestone Oil have agreed to merge, forming Pipestone Energy which is set to have the single largest land position in the Montney shale play in Alberta, Canada.
Enbridge Inc, Canada's largest pipeline operator, topped analysts' estimates for quarterly profit on Nov. 2, as the company transported more oil on its Mainline system that runs from western Canada to the United States.