Wednesday, April 16, 2025
CanCambria Energy Corp. appoints Eric Vaughan as Vice President of Drilling and Completions, and announces change of Corporate Secretary- oil and gas 360

CanCambria Energy Corp. appoints Eric Vaughan as Vice President of Drilling and Completions, and announces change of Corporate Secretary

(Oil & Gas 360)    Vancouver, BC – April 15, 2025 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (“CanCambria” or the “Company”) today announced the appointment of Eric Vaughan as Vice President of Drilling and Completions, effective immediately. In this role, Mr. Vaughan will lead the operations and execution team for the Company’s flagship Kiskunhalas project in Southern Hungary.

U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility- oil and gas 360

U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

(Oil & Gas 360)  ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDC’s syndicated revolving credit facility led by Citibank, N.A. from $165 million to $300 million Fort Worth, TX – U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves

Amplify Energy and Juniper Capital announce amendment to the merger agreement- oil and gas 360

Amplify Energy and Juniper Capital announce amendment to the merger agreement

(Oil & Gas 360) Juniper to Contribute Incremental $10 Million in Cash Updates Oil and Gas Hedge Positions and Juniper Reserve Values HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) today announced an amendment to the existing terms of its previously disclosed Agreement and Plan of Merger with Juniper Capital’s (“Juniper”) upstream

Eckard's Words on Wealth: Entrepreneurship as its own reward- oil and gas 360

Words on Wealth—A Series of Insights from an Industry Leader

(Oil & Gas 360) In this audio series of minute-long insights, Eckard Enterprises Founder and Board Chairman Troy Eckard recounts his success story as an entrepreneur in the energy space. Troy shares the insights that lead him to believe that opportunity abounds for years to come in America’s oil and gas industry, how his firm evaluates different basins, the advantages

TotalEnergies signs 20-year LNG purchase agreement with NextDecade- oil and gas 360

TotalEnergies signs 20-year LNG purchase agreement with NextDecade

(World Oil) – TotalEnergies has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande LNG facility. The SPA, of a duration of twenty years, is subject to NextDecade taking a positive Final Investment Decision (FID) on

IEA cuts oil supply estimate on lower U.S. and Venezuelan output- oil and gas 360

IEA cuts oil supply estimate on lower U.S. and Venezuelan output

(Oil Price) – Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday, citing lower-than-forecast production from the United States and Venezuela. The U.S.-China trade war escalation and the tariffs on imports into the U.S. have sent

OPEC cuts oil demand forecast for 2025, 2026 as trade war continues- oil and gas 360

OPEC cuts oil demand forecast for 2025, 2026 as trade war continues

(World Oil) –  OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters. The cartel lowered demand growth projections for 2025 and 2026 by about 100,000 barrels a day (bpd), projecting an expansion of 1.3 million barrels a day

Oil price drop turns up heat on emerging market crude exporters- oil and gas 360

Oil price drop turns up heat on emerging market crude exporters

(BOE Report) – A steep drop in crude oil prices largely due to U.S. President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could also curb any benefits for importers. Concerns about the impact of a tit-for-tat trade war on global growth and demand for oil sent Brent crude prices

South Korean officials considering Alaska trip for gas project talks- oil and gas 360

South Korean officials considering Alaska trip for gas project talks

(Investing) – SEOUL (Reuters) -South Korean industry ministry officials are considering travelling soon to Alaska as part of working-level negotiations between the United States and South Korea over Alaska’s gas project, the ministry said on Tuesday. If South Korea is able to win concessions from Washington over auto tariffs, Seoul could in turn look at participating in the Alaska liquefied natural