Monday, June 15, 2026
Apache calls it quits on Alpine High after $3 billion charge- oil and gas 360

Apache calls it quits on Alpine High after $3 billion charge

Houston Chronicle Apache Corp. is officially calling it quits on a highly publicized but disappointing shale discovery in West Texas after vehemently defending the prospect for about three years. The Houston-based company posted a roughly $3 billion writedown on its Alpine High project, a find from 2016 that fizzled when it turned out to hold more natural gas than oil.

NRG earnings recharged in 2019 as CEO hints at going private- oil and gas 360

NRG earnings recharged in 2019 as CEO hints at going private

Houston Chronicle NRG Energy, one of the state’s biggest power generators and power retailers, said it strengthened its balance sheet last year, reduced its debt and is on the path to an investment grade rating. “The company has never been stronger or with a brighter future than it is today,” Mauricio Gutierrez, NRG  chief executive officer, told investors during a conference

Colombia's Ecopetrol to increase exploratory wells, roll over debt due in 2020- oil and gas 360

Colombia’s Ecopetrol to increase exploratory wells, roll over debt due in 2020

Reuters BOGOTA – Colombia’s state-run oil company Ecopetrol ECO.CN will look to increase the number of exploratory wells it has planned through 2022 to up to 45 in a bid to further bolster reserves, company executives said on Wednesday. Ecopetrol will also roll over $434 million in debt set to expire this year, the executives said. Ecopetrol drilled 20 wells

Wind has become the ‘most-used’ source of renewable electricity generation in the US- oil and gas 360

Wind has become the ‘most-used’ source of renewable electricity generation in the US

CNBC Last year saw wind generation in the U.S. overtake hydroelectric generation for the first time, according to data from the U.S. Energy Information Administration (EIA). Released Wednesday, the figures from the EIA’s “Electric Power Monthly” report show that yearly wind generation hit a little over 300 million megawatt hours (MWh) in 2019. This was roughly 26 million MWh more

Tellurian rattled as Indian buyer seeks competing deal- oil and gas 360

Tellurian rattled as Indian buyer seeks competing deal

Houston Chronicle Houston-based Telluraian, along with its $28 billion export project, has been rattled by the attempts of a potential major customer in India to probe the market for competing supplies, highlighting mounting pressure on sellers amid a global glut of the fuel. India’s largest liquefied natural gas buyer, Petronet LNG, has started soliciting offers for supply under terms similar