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Dealing with drought [Gas in Transition]

Natural gas producers in western Canada are adapting to an ongoing drought that is impacting water availability for production and increasing wildfire risks. [Image credit: Tourmaline Oil]

Canada , Deloitte , Peace-basin , Alberta , Water-information-portal , Oil-and-gas-price-forecast , Ceo , Oil-and-gas-producers , Northwestern-alberta , Birchcliff-energy , Peace-river

Diamondback in $26 bln deal to buy Endeavor Energy in growing Permian push

Shale producer Diamondback Energy FANG.O said on Monday it would buy the largest privately held oil and gas producer in the Permian Basin, Endeavor Energy Partners, in a cash-and-stock deal valued at about $26 billion, including debt.

Bengaluru , Karnataka , India , Trinidad-and-tobago , Texas , United-states , Trinidad , Arunima-kumar , Autry-stephens , Arun-koyyur , Tobago-limited , Chevron

What COP28 means for natural gas [Gas in Transition]

Even though this is a historic agreement in that for the first time it commits to “transitioning away from fossil fuels”, it still leaves a role for oil and gas in future energy systems for a long time to come. [Gas in Transition, Volume 3, Issue 12]

Bloomberg , Stock-take-agreement , Norway , Renewable-energy-capacity , Oil-and-gas-producers , The-gas-exporting-countries-forum , Japan , Natural-gas-demand , Oil-and-gas-majors , United-states , Bank-analysts

US proposes fee on methane from big oil and gas producers

The U.S. on Friday proposed a fee on emissions of methane from big oil and gas producers as required under the 2022 climate law and as a backstop to wider regulations on the greenhouse gas from energy operations.

Environmental-protection-agency , District-of-columbia , United-states , Dubai , Dubayy , United-arab-emirates , Washington , Trinidad-and-tobago , West-virginia , Trinidad , Joe-manchin , Barbara-lewis

Occidental Petroleum to boost Permian ops with $12 bln deal for CrownRock

Deal follows recent consolidation acquisitions by ExxonMobil, Chevron. [Image credit: Oxy]

Bengaluru , Karnataka , India , Trinidad-and-tobago , Texas , United-states , Trinidad , Cole-smead , Warren-buffett-berkshire-hathaway , Peter-mcnally , Vicki-hollub , Sourasis-bose

Australia's Santos, Woodside in early merger talks to form $52 bln oil giant

Australian oil and gas giants Woodside Energy and Santos are in preliminary discussions over a potential merger, the companies said on Thursday, in line with a global trend of consolidation among energy firms.

Australia , Singapore , Trinidad-and-tobago , Barossa , South-australia , Bengaluru , Karnataka , India , Sydney , New-south-wales , Trinidad , Australian

Could COP28 yield a methane commitment from Turkmenistan? [Gas in Transition]

A commitment from Turkmenistan on addressing its significant methane emissions would be a major boon for COP28 if it materialises. [Gas in Transition, Volume 3, Issue 11]

Turkmenistan , Global-methane-pledge , Satellite-operator , Natural-gas-producing-nations , Oil-and-gas-industry , Natural-gas , Development-banks , Galkynysh , Kayrros , United-kingdom , Oil-and-gas-producers

Occidental in talks to buy Permian producer CrownRock

Occidental Petroleum is one of the finalists in the auction for CrownRock, an energy producer in the west Texas area of the Permian basin, with a bid of more than $10 billion, a person familiar with the matter told Reuters on Wednesday.

Trinidad-and-tobago , Bengaluru , Karnataka , India , Texas , United-states , Trinidad , Sherry-jacob-phillips , Timothy-dunn , Greg-roumeliotis , Tobago-limited , Chevron

Road to COP28 [Gas in Transition]

The biggest issues likely to occupy centre-stage at COP28 are drastic cuts in emissions, the role of fossil fuels, the responsibility of developed countries to aid developing countries with the cost of energy transition and climate change adaptation. [Gas in Transition, Volume 3, Issue 10]

Paris , France-general- , France , Dubai , Dubayy , United-arab-emirates , Antonio-guterres , Un-intergovernmental-panel-on-climate-change , Paris-agreement , General-antonio-guterres , Climate-change ,

Canada oil, gas producers to drill 8% more wells in 2024 -industry group

Group representing drilling contractors sees 6,229 wells drilled in 2024.

Trinidad-and-tobago , Canada , Winnipeg , Manitoba , Trinidad , Canadian , Mark-scholz , Jason-neely , Canadian-association-of-energy-contractors , Tobago-limited , Reuters , National-gas-company-of-trinidad