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Breakeven costs in America’s hottest oil play continue to rise, but crude producers are still making money, according to the first-quarter Dallas Fed Energy Survey. The situation is more dire for natural gas producers. ....
Global commodities trading house Vitol likes exposure to the U.S. upstream space while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global. ....
Matador Resources carved out additional mineral and royalty interests on the acreage it acquired from Advance Energy Partners for $1.6 billion last year. ....