Permian Basin

US-Canada oil and gas drilling trends

10 clusters · 12 sources · last updated 1 day ago

Latest: North American oil and gas rig counts rise to 807

By the week of 14 August, the U.S. total rig count rose to 593, the highest since March 2025, including one additional oil rig and four additional gas rigs. During this period, Canada reached 219 active rigs, driven by a

AI infrastructure expansion: energy, grid, and resource use

49 clusters · 381 sources · last updated 1 day ago

Latest: AI resource consumption triggers environmental concerns

The rapid expansion of AI-driven workloads continues to fuel an “energy supercycle,” driving massive demand for electricity, transformers, cooling systems, and fiber optics. While McKinsey estimates global data center in

ONEOK corporate acquisition and debt reduction

2 clusters · 6 sources · last updated 12 days ago

Latest: ONEOK announces $2 billion debt repurchase via cash tender offers

ONEOK has entered into an agreement to acquire Brazos Midstream’s natural gas gathering and processing assets in the Permian Midland Basin for $4.425 billion in cash. The acquisition is to be funded through a $9 billion

Texas electricity transmission infrastructure expansion

2 clusters · 4 sources · last updated 15 days ago

Latest: Texas regulators approve 370-mile Howard Solstice transmission line

The Public Utility Commission of Texas is evaluating several large-scale high-voltage transmission line projects intended to support the state’s industrial sector and the oil and gas industry. Initially, regulators cons

Enbridge expansion of North American crude assets

2 clusters · 14 sources · last updated 17 days ago

Latest: Enbridge to acquire Tallgrass Energy assets for $2.55 billion

Enbridge has announced two major acquisitions of crude oil assets in the United States to expand its North American liquids infrastructure. In late August 2026, the company entered a definitive agreement to acquire Salt

MedcoEnergi performance and Indonesian energy trends

2 clusters · 4 sources · last updated 18 days ago

Latest: Indonesia energy sector sees increased competition and shifting resource priorities

PT Medco Energi Internasional Tbk reported strong operational and financial performance for the first half of 2026. The company’s oil and gas production reached 170,000 barrels of oil equivalent per day, a 19% increase c

Wall Street interest in energy midstream stocks

3 clusters · 5 sources · last updated 21 days ago

Latest: Energy stocks offer potential for annual income through midstream assets

Midstream energy companies have attracted significant interest on Wall Street due to strong financial performance and high dividend yields. Companies such as MPLX, which maintains a dominant position in natural gas gathe

Permian Basin energy infrastructure expansion

2 clusters · 2 sources · last updated 22 days ago

Latest: Permian Basin energy infrastructure expands via grid upgrades and new gas generation

Infrastructure development in the Permian Basin is expanding to support natural gas processing, water management, and rising electricity demands. Initial developments focused on midstream capacity and resource managemen

Diversified Energy acquisition of Birch Permian

2 clusters · 3 sources · last updated 25 days ago

Latest: Diversified Energy to acquire Birch Permian for $1.8 billion

Diversified Energy began preliminary discussions regarding a potential acquisition of Birch Resources, a company backed by Elliott Investment Management that operates in the Permian Basin. Early reports suggested a poten

US LNG Exports and Natural Gas Production Reach Records

8 clusters · 20 sources · last updated 27 days ago

Latest: U.S. natural gas prices fall amid record production and new pipeline capacity

The United States continues to solidify its position as a global energy superpower, driven by massive growth in liquefied natural gas (LNG) and domestic production. The Department of Energy (DOE) projects that export vol