Carolyn Davis

In the largest transaction of its kind, TC Energy Corp. has agreed to sell equity interest in two of its Canadian natural gas pipelines to an Indigenous-owned investment partnership.

With a plethora of global natural gas and oil opportunities from which to pick and choose, BP plc wants to build volumes, but the priority still continues to be value, CEO Murray Auchincloss said Tuesday.

Tulsa-based Helmerich & Payne Inc. (H&P), one of the top drilling rig contractors in North America, is moving more of its expertise overseas as North American natural gas and oil activity slows.

Dealmaking in the Permian Basin is continuing to make headlines following the breakneck merger activity over the past year, with two separate acquisitions unveiled to start this week.

Global natural gas and LNG consumption continues to strengthen, supported by accelerating Asian demand and “resiliency” in the industrialized nations, Baker Hughes Co. CEO Lorenzo Simonelli said Friday.

Subdued natural gas prices and lower European demand between April and June dinged Paris-based TotalEnergies SE during the second quarter.

EQT Corp., the largest natural gas producer in the United States, will continue to curtail Appalachian volumes through the second half of the year in light of surplus storage levels, executives said Wednesday.

In what may be the final effort to fortify his energy-focused legacy, retiring Sen. Joe Manchin (I-WV) on Monday advanced legislation yet again to overhaul permitting for natural gas and oil lease sales, as well as to derail the Biden administration’s pause on LNG export approvals.

North American upstream activity remained sluggish through the first half of the year, with little optimism things would change before 2025, according to an industry survey.

Domestic natural gas-weighted production continued to be curtailed during the second quarter to wait out better pricing, but as Gulf Coast LNG projects near completion, could Lower 48 activity increase? Second quarter results may tell the tale.