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Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P

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Permian Resources Corporation and Earthstone Energy entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 Permian Resources expects to realize significant DC&F savings in the Delaware Basin through improved efficiencies and lower cost structure.

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Neste Oil sues Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods for infringement on NExBTL-related patent

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Neste Oil Corporation has filed a patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc in the US District Court for the District of Delaware. Neste Oil is the world’s leading producer of premium-quality renewable diesel. Neste Oil has invested some €1.5

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Neste Oil sues Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods for infringement on NExBTL-related patent

Green Car Congress

Neste Oil Corporation has filed a patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc in the US District Court for the District of Delaware. Neste Oil is the world’s leading producer of premium-quality renewable diesel. Neste Oil has invested some €1.5

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Neste Oil files another NExBTL patent infringement suit against Syntroleum and Tyson

Green Car Congress

Neste Oil Corporation has filed a new patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc. in the US District Court for the District of Delaware. The new action relates to infringement of a Neste Oil patent relating to the.

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Valero to Permanently Close 210,000 bpd Delaware City Refinery

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Valero Energy Corporation intends to permanently shut down its Delaware City, Delaware refinery due to financial losses caused by very poor economic conditions, significant capital spending requirements and high operating costs. Valero Delaware City Refinery. Click to enlarge.

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BP to acquire unconventional US onshore assets from BHP for $10.5B; transforming US onshore oil & gas business

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BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. On completion, $5.25 billion boe.

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GTI plans second Permian Basin field test site to maximize hydraulic fracturing efficiency and increase production

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GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins.

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