Friday, August 28, 2026
Devon Energy Sells Canada for $2.8 Billion - Oil & Gas 360

Devon Energy Sells Canada for $2.8 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360 Devon looks to focus on oil-based growth in U.S., departs Canada Canadian Natural Resources Limited (stock ticker: CNQ) inked a deal this Wednesday to acquire Devon Energy Corp.’s (stock ticker: DVN) Canadian assets for a cash purchase price of approximately US$2.8 billion (CAD $3.8 billion). The deal is expected to close

DOE authorizes higher LNG exports for Freeport LNG - Oil & Gas 360

DOE Authorizes Additional LNG Exports from Freeport LNG

Under an order signed this week, Freeport LNG Expansion, L.P. and FLNG Liquefaction 4, LLC (together, FLEX4) have authority to export up to 0.72 billion cubic feet per day of natural gas as LNG from a fourth liquefaction train (Train 4) to be built at the Freeport LNG Terminal, the Department of Energy announced in a press release. FLEX4 is

Crude Oil Inventories Decrease

Weekly Crude Oil Storage as of May 24, 2019 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 0.3 million barrels from the previous week. At 476.5 million barrels, U.S. crude oil inventories are about 5% above the five year average for this time of year, according to the EIA crude oil and petroleum weekly