The deal integrates over 10,500 wells and various midstream assets, expanding jointly managed partnerships in Kansas and Oklahoma.
Global oil markets are entering a phase in which a sharp contraction in demand occurs alongside an unprecedented drawdown
Clarkson Research projects offshore oil and gas capex this year to fall to $85 billion, the lowest since 2020.
US Energy Secretary Chris Wright announced a framework to support natural gas infrastructure expansion.
The pipeline project, which still requires federal and state permits, faces opposition from environmental and Indigenous groups.
Mike Wirth told analysts that the continued uncertainty around the Iran war’s effect on supply means his team won’t
