Monday, May 12, 2025

Big Win for Noble Energy: Colorado Greenlights 770-Well Comprehensive Drilling Plan for 64,000 Acres in Weld County

From the Denver Business Journal Colorado regulators Monday approved an unprecedented Noble Energy Inc. plan to drill hundreds of oil and gas wells on 100 square miles of Weld County. The plan calls for drilling as many as 772 horizontal wells across 64,133 acres of unincorporated farmland southeast of Greeley, an area where Houston-based Noble (NYSE: NBL) owns 85 percent

oil-barrels-and-markets-482px Oil Prices Drop - Oil & Gas 360

Nigeria Expects OPEC to Hold Firm in December on $70 Oil

From Bloomberg OPEC and its allies are likely to keep oil-production policy steady when they meet in December as current prices near $70 a barrel suit all members, Nigeria’s oil minister said. “I’d be surprised to see anything dramatic” when the coalition gathers, Petroleum Minister Emmanuel Ibe Kachikwu said in an interview in London. “We’re likely to push the can

Next-Wave LNG Race Hits Hurdles in U.S.-China Trade War

From Reuters The delay of a U.S. Gulf Coast liquefied natural gas (LNG) export project has crystallized fears that the U.S. trade battle with China is hampering efforts to line up buyers needed to move ahead with multi-billion-dollar builds. The United States is positioning itself as the dominant provider of the supercooled fuel as Asian nations shift away from dirtier