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Natural Gas Infrastructure Essential to Affordable, Reliable U.S. Energy | Energy in Depth

Joel Acosta The U.S. Shale Revolution has transformed the energy landscape domestically and among our trading partners. In the United States, the robust growth of affordable natural gas has translated into energy security, job growth, and environmental benefits. Thanks to abundant natural gas reservoirs, the United States has become a net gas exporter while drastically […]

Read More Natural Gas Infrastructure Essential to Affordable, Reliable U.S. Energy | Energy in Depth
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French power utility Engie pulls out of U.S. LNG deal | Reuters

PARIS, Nov 3 (Reuters) – French gas and power utility Engie has pulled out of a major U.S. liquefied natural gas (LNG) import deal after government concerns about its environmental implications.
Late last month the French government had asked Engie to hold off from signing the deal with NextDecade Corp amid growing scrutiny of the effects of shale gas extraction methods such as fracking and their impact on climate change through methane emissions.

Read More French power utility Engie pulls out of U.S. LNG deal | Reuters
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Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base NYSE:MCF | Global Newswire

FORT WORTH, Texas and TULSA, Okla., Oct. 26, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (“Contango”) (NYSE American: MCF) and Mid-Con Energy Partners, LP (“Mid-Con”) (NASDAQ: MCEP) today announced they have entered into an agreement to combine in an all-stock merger transaction. The combination continues Contango’s consolidation strategy, increases its exposure to oil […]

Read More Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base NYSE:MCF | Global Newswire
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Hanging by a (Pipe) Thread OCTOBER 5, 2020 | PBOG

By Paul Wiseman Oil country tubular goods are integral first to drilling, then to production and saltwater disposal. So the same price crash that brought drilling to a halt has evaporated demand for most Oil Country Tubular Goods. R&D Pipe Company President Ron Underwood and Trident Steel CEO Kevin Beckmann have both seen better times, […]

Read More Hanging by a (Pipe) Thread OCTOBER 5, 2020 | PBOG
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Biden: ‘I would transition from the oil industry’ | TheHill

Democratic presidential nominee Joe Biden pledged to transition away from fossil fuels Thursday night while defending a climate plan that does not ban fracking. Biden has faced repeated attacks on fracking from President Trump as focus increasingly shifts to Pennsylvania, a crucial battleground state where the drilling method is used.  Biden’s climate plan does not […]

Read More Biden: ‘I would transition from the oil industry’ | TheHill

North Dakota oil production swells as wells go back online | Star Tribune

The steep oil price drop in the spring caused a big dip in production, but the industry is back to more normal levels. North Dakota’s oil output soared 14% in August as more wells shut down earlier in the spring because of the coronavirus crisis came back online. “It is nice to note that we […]

Read More North Dakota oil production swells as wells go back online | Star Tribune
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ConocoPhillips to Buy Shale Rival Concho for $9.7 Billion – WSJ

The acquisition gives ConocoPhillips, the largest oil producer in Alaska, a much larger footprint in the hottest oil field in the U.S., the Permian Basin of Texas and New Mexico. The combined company would be the largest U.S. oil independent, with output in the Permian second only to Occidental Petroleum Corp. , according to a JPMorgan Chase & Co. […]

Read More ConocoPhillips to Buy Shale Rival Concho for $9.7 Billion – WSJ
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Counting Down to Digital Summit Series at Home |The October Virtual Experience

The count down is official! 3 days 23 hours 58 minutes and #DSatHome October is Live! October 20-22, 2020 Registration is still open! Oil Country Media will definitely be creeping in on a masterclass or two, and we can’t wait for the 30 power-packed business sessions! The Digital Sumit Series delivers 3 days of expertise […]

Read More Counting Down to Digital Summit Series at Home |The October Virtual Experience

U.S. crude oil exports have fallen in each month since their record high in February – Today in Energy – U.S. Energy Information Administration (EIA)

September 22, 2020 U.S. crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, according to the U.S. Energy Information Administration’s (EIA) Petroleum Supply Monthly. However, U.S. crude oil exports in the first half of the year are still higher than they were in […]

Read More U.S. crude oil exports have fallen in each month since their record high in February – Today in Energy – U.S. Energy Information Administration (EIA)
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Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media

HOUSTON, May 16, 2016 /PRNewswire/ —  Fortuna Resources Holdings, LLC (“Fortuna”) announced that certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”) have committed $75 million to Fortuna, with an option to increase to $150 million. The investment is focused on expanding Fortuna’s activities in the West Texas Permian Basin and related areas through acreage and asset acquisitions and […]

Read More Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media