ConocoPhillips buys rest of Surmont for $3 billion
ConocoPhillips is buying the remaining 50% interest in Surmont oilsands project from TotalEnergies for about $3 billion. Read more
Source: financialpost.com
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Oil patch is poised for buyout wave as US drillers seek new land
The US energy patch is ripe for a takeover boom, as oil and gas producers flush with cash turn to dealmaking to find new sites to drill.
Source: lmtonline.com
U.S. shale giant Devon takes dive into geothermal energy
Devon Energy, a pioneer of the shale revolution that resuscitated U.S. oil and gas, invested US$10 million in a geothermal startup. Read on.
Source: calgaryherald.com
Shale giant Devon Energy takes dive into geothermal
Devon Energy, a pioneer of the shale revolution that resuscitated U.S. oil and gas, invested US$10 million in a geothermal startup. Read on.
Source: leaderpost.com
OPEC+ Shock Revives Oil Bulls Even as Demand Warnings Flash
OPEC+’s surprise oil-production cut sent shock waves through financial markets and pushed crude prices up by the most in a year. Now that the dust has started…
Source: financialpost.com
Oil prices surge on news of OPEC cuts
Oil prices surged on Monday and U.S. officials voiced their displeasure a day after OPEC members announced substantial cuts in production, a move that reaffirmed Saudi Arabia, the groups leader, as a headstrong captain in the oil market.
Source: nwaonline.com
Fate Of $8Bn Alaska Oil Project To Be Resolved In Next 30 Days
Climate activists have one final, brief window of opportunity to quash ConocoPhillips proposed $8 billion oil development in Alaska.
Source: rigzone.com