Finance
Matador strikes $1.28 billion Delaware basin deal, adds 16,000 acres
(World Oil) – Matador Resources has agreed to acquire Permian basin operator Paloma Permian LLC for $1.275 billion in cash while also expanding its position in the emerging Woodford play, where the company reported encouraging results from its first exploratory well in southeast New Mexico. The acquisition from EnCap Investments portfolio company
Exclusive-US bank floats plan to repay US investors via Lukoil asset sale, sources say
(Investing) – LONDON – U.S. investment bank Xtellus Partners has proposed to the U.S. Treasury that proceeds from the sale of Lukoil’s foreign assets be used to repay American investors who lost money when Russia’s war in Ukraine froze their Lukoil stock holdings, sources said.
Aggressive activist investor is gunning for Phillips 66
(Oil Price) – Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion stake and a laundry list of demands. The aggressive activist investor—best known for shaking up boardrooms and strong-arming CEOs into “unlocking
SLB reports international growth as offshore activity offsets Middle East disruptions
(Oil & Gas 360) – Publisher’s Note: SLB will be a panel presenter and will host one-on-one meetings at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-19, 2026. Register to attend. (World Oil) – SLB reported higher second-quarter revenue as broad-based international growth, led by offshore activity,
EnerCom Releases Presenter Lineup for the 31st EnerCom Denver – The Energy Investment Conference, August 17–19, 2026, in Denver, Colorado
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies Sponsorship opportunities are available for companies seeking to increase their market presence DENVER – July 23, 2026
Stalled US permits threaten $121 billion in wind and solar investment, report shows
(Investing) – Trump administration policies that have stalled permits for renewable energy projects are putting more than $121 billion of investment at risk and slowing development of wind, solar and storage capacity needed to meet rising power demand, according to a report published on Monday.
Saudi Red Sea crude exports have Sank 41% since March peak
(Oil Price) – Saudi Arabia, which at the start of the Iran war redirected virtually all crude exports through its East-West pipeline to Yanbu on the Red Sea, has seen crude exports from Yanbu crumble by 41% to about 2.39 million barrels per day
Energy Market Assessment: The fracking revolution working here & freedom growing over there
(Oil & Gas 360) – The Fracking Revolution Working Here & Freedom Growing Over There Have UP The Direction We Head With Prosperity Production Growing Here. Employment Increasing and it more than expected confirms prosperity producing growth the direction we head. Establishments increasing employment 172,000
