Sunday, January 5, 2025

Whiting Petroleum Corporation Completes $1 Billion Offering

Whiting announces completion of offering of $1 billion of senior notes due 2026 in addition to irrevocable notice of redemption of 2019 notes Whiting Petroleum Corporation (ticker: WLL) announced today that it completed its previously announced private unregistered offering to eligible purchasers of $1 billion aggregate principal amount of 6.625% senior notes due 2026 (referred to as the “notes”). Whiting

Largest Energy IPO of 2019 - Oil & Gas 360

Tellurian Receives FERC Scheduling Notice for Driftwood LNG

From Marketwired Tellurian Inc. (ticker: TELL) announced today that the Federal Energy Regulatory Commission (FERC) has issued the notice of schedule for environmental review of Driftwood LNG, a proposed 27.6 million tonnes per annum (mtpa) liquefied natural gas (LNG) export facility, and Driftwood Pipeline, a proposed 96-mile, 4 billion cubic feet a day (Bcf/d) pipeline. According to the notice, FERC will issue

4 Oil Producers Not Fully at the Mercy of Steep Canadian Discount

From BNN North American crude oil prices are finally hovering near the US$60 per barrel mark – for the first time in more than two years – but most Canadian prices are nowhere even close to that level. The vast majority of Canadian oil output comes from the oil sands, which trades at a discount to the North American benchmark

Weekly Gas Storage: Winter Draw Continues

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks fell by 112 Bcf last week, dropping from 3,444 Bcf to 3,332 Bcf. This is 1.8% below the 3,394 Bcf that was in storage at this point last year, and