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...Exxon is building a $10bn LNG terminal in Texas, expected online in 2025, but it has already secured the necessary permits Chevron CFO Pierre Breber said his company’s position was that energy policy should...
...However, the group announced last year that it would be shifting from pressuring companies on climate disclosures to pushing them to actively reduce greenhouse gas emissions....
...The Oklahoma-based company operates more than 30,000 miles of pipelines, including the vast Transco system that ships shale gas from Texas to the east coast....
...This would include reopening federal land that has been restricted to oil and gas drilling, added Sands....
...A merger between Oklahoma-based Chesapeake — valued at about $10bn at the market close on Thursday — and Texas-based Southwestern — valued at $7bn — would be the first big gas-focused tie-up since the frenzy...
...It has its own $60bn, all-stock deal for Pioneer Natural Resources in Texas. Acquiring the Hess portion of Stabroek would involve, among other things, paying off Hess’s capital gain taxes....
...Robb said there was an urgent need to build more transmission lines to connect more renewable generation to the grid while adding more natural gas generation to boost reliability, at least in the short term...
...CrownRock is one of the leading private operators in the sprawling Permian Basin of Texas and New Mexico, the US’s most prolific oilfield....
...US benchmark West Texas Intermediate gained about 1 per cent to settle at $83.71 a barrel, its highest level since October....
...Much of the production growth has focused on the sprawling Permian Basin, which stretches across Texas and New Mexico....
...The other is the Permian Basin — the vast oilfield that stretches across west Texas and New Mexico — where production increases have slowed....
...Chevron’s rival ExxonMobil agreed to acquire Texas shale producer Pioneer Natural Resources earlier this month for an enterprise value of $64bn....
...Led by Tim Dunn, a prominent conservative donor, CrownRock is one of the leading private operators in the sprawling Permian Basin of Texas and New Mexico, America’s most prolific oilfield....
...The combination hands Exxon a dominant position in the Permian Basin, the vast field in western Texas and New Mexico that has helped turn the US into the world’s largest oil and gas producer....
...Following a months-long campaign by the hedge fund, the Texas-based utility and power producer parted ways with its chief executive and agreed to overhaul its board....
...Pioneer is the biggest operator in the Permian Basin, the engine room of the US oil industry, which sprawls across Texas and New Mexico....
...Doing so could divide the company’s more than 43,000 employees, he reasons, many of whom work in progressive California or conservative Texas....
...But it is going to be increasingly hard to instil belief on that front while also cosplaying as a Texas oilman....
...The south Texas DAC hub is being built by Occidental and its subsidiary 1PointFive in conjunction with the King Ranch land management group in Kleberg County....
...two weeks after ExxonMobil, America’s other supermajor, unveiled a $60bn takeover of Pioneer Natural Resources, which is the largest operator in the world’s most prolific oilfield, the Permian Basin of Texas...
...Analysts and dealmakers reckon that big players in the sprawling Permian Basin of Texas and New Mexico, the engine room of the US oil industry, could be among the next to strike....
...Data centre operators face transmission and permitting delays when hooking up to the energy grid, according to Sean Graham, research director for cloud and data centres at International Data Corp, a market...
...Job moves Calpers private equity head Yup Kim is leaving the US’s largest public pension fund to become chief investment officer of the Texas Municipal Retirement System....
...The legal onslaught against the oil and gas industry has fuelled a political debate in the US where some prominent Republican politicians, including Texas governor Greg Abbott, have dismissed these climate...
...Then on Monday, rival Chevron agreed to buy US oil and gas producer Hess for $53bn — its largest deal in history....
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