Sunday, September 28, 2025

Permian Methane Emissions Decline from 2016-2017: EPA

From NewsWest 9 Broadcasting Data was released Thursday from the United States Environmental Protection Agency that show methane emissions from oil and natural gas production in the Permian Basin declined from 2016 to 2017. From 2016 to 2017, methane emissions in the Permian Basin fell by approximately 100,000 metric tons of CO2 equivalent. The data were released this month by

Energy Transport Gives Canadian Pacific a Strong Q3

From FreightWaves Railroad sees better volumes in energy and other bulk freight, with road-to-rail opportunities coming next year Canadian Pacific (NYSE: CP) reported its highest quarterly revenue ever thanks to growth in energy and potash freight volumes. Third-quarter net income was the second highest its reported, as the railroad credits the business model set up by late chief executive Hunter

Exxon Exploration Chief Eyes Africa for Elephant Oil Find

From Bloomberg Exxon Mobil Corp. is targeting western and southern Africa for the world’s next big oil bonanza as the explorer scours the globe to repeat its success in Guyana. The oil supermajor “really loaded” its exploration portfolio recently by purchasing large positions in Ghana, Mauritania, South Africa and Namibia, as well as Cyprus and Malaysia as rivals pulled back, Stephen

Frustrated Investors Want E&Ps to Consolidate

From The Wall Street Journal A private-equity firm is urging oil producer Resolute Energy Corp. REN to merge with a rival, the latest salvo in a growing campaign by some investors to force shale drillers to consolidate. Kimmeridge Energy Management Co. told Resolute’s board of directors in a letter Friday that it was stepping up call for changes at the company, saying Resolute