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Crescent Energy Inc. agreed to buy SilverBow Resources Inc.

Oil erased earlier losses to close higher, but remained within a tight range as traders weighed shrinking US stockpiles and the outlook for inflation in the world's largest economy.

'Any extended delays in publication of guidance for the Sec. 45Z credit may disrupt project timelines, impede capital flows, and threaten existing production and demand for low carbon renewable fuels'.

The U.S. Energy Information Administration revealed its latest Henry Hub gas price forecasts for 2024 and 2025.

'These are not reasonable terms for a resolution to the blockade'.

Vessels have been forced to reroute around Africa to transport fuel between the Atlantic and Pacific basins.

Over 3,000 metric tons of neat SAF blended with conventional jet fuel will be supplied into the fueling infrastructure network of Heathrow airport until the end of summer.

'Although this is a value-neutral swap, this alignment of ownership will add more value to all parties from the Halten-area over time'.

Rigzone looks at a new report from the Institute for Energy Research.

Macquarie and Standard Chartered examine recent moves in the oil market and look to the future.

ADNOC delivered the landmark cargo to Japan, where it will be used for clean power generation.

The Fusaea 1 well revealed 'several oil and gas-bearing Campanian sandstone reservoir packages'.

VARD has been contracted to design and build two commissioning service operation vessels for wind farms.

The NCDMB held a tour for Shell of facilities operated by local companies.

The new blaze near Fort McMurray, Alberta, is about 3 ha in size.

TotalEnergies has said it is looking at a potential move of its primary stock listing to New York.

The DOE made a conditional commitment of up to $1.66 billion in loan guarantee for six planned hydrogen production projects by Plug Power.

Oil edged higher as traders balanced broader risk-on sentiment with concerns about consumption after the International Energy Agency slashed its demand forecast.

Biden signed into law a bipartisan proposal prohibiting the importation of Russian uranium into the U.S.

Mach Natural Resources LP posted a net income of $42 million for the first quarter of 2024.

The oil industry is a key source of revenue for the Russian budget.

The technology will enable Caerus to adhere to the Oil & Gas Methane Partnership (OGMP) 2.0 framework.

Mubadala Energy has announced 'another substantial gas discovery'.

'We need continued investment in, and development of, gas supply and transport infrastructure to get us through the energy transition with thriving industries'.

Pryor will oversee LanzaJet's financial growth as the company continues to scale and boost the global sustainable aviation fuels (SAF) industry.

The acquisition complements existing GeoPark portfolio assets in Colombia, Ecuador, and Brazil.

'OPEC+ producers have largely adhered to the latest round of OPEC+ voluntary production cuts'.

Macquarie strategists are forecasting that U.S. crude inventories will be down week on week.

The Indonesian government and Petronas signed another 20-year extension for the Ketapang PSC and simultaneously signed a new offshore PSC.