** Apache Corp. Apache Corporation and Total S.A. announced a major oil discovery at  its 1.4-million-acre offshore Suriname tract. The Kwaskwasi-1 well was drilled offshore Suriname in Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest. ** Dominion Energy is replacing its …

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  As expected, environmental groups are critical of the Trump administration for seeking to ease more rules for oil and gas drilling that were adopted under the Obama administration. The Associated Press reports the latest changes could save energy companies more than $130 million over the next ten years. The U.S. Bureau of Land Management …

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  Two major farming operations in northeast Arkansas have developed the first agricultural energy project combined two different solar technologies as a means of transforming how they get power but also saving on energy costs. Southland Gin and Delta Farms, working with Craighead Electric Cooperative and Today’s Power, Inc. came up with the project that …

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  New Mexico’s oil and gas industry regulators were heavily criticized by environmental groups during a recent virtual public hearing on wastewater from petroleum extraction. Environmentalists argued against the reuse of wastewater for irrigating crops in the state reported Reuters. But their arguments were met with criticism from the state’s oil and gas groups. The state …

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  The number of 7-Eleven stores in the U.S. just increased by nearly 4,000 as Seven & I Holdings Co., the world’s largest convenience-store franchiser agreed to buy Marathon Petroleum Corp.’s Speedway gas stations in a $21 billion deal. The transaction, to be paid in cash and partly financed using debt, will add about 3,900 …

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  While Tulsa’s Magellan Midstream reported what one advisor called “abysmal” earnings in the second quarter 2024, the pipeline company is still getting recommendations for investment. Motley Fool reviewed the second quarter results of the company after it reported a 24% drop in earnings. Click here to view the recommendations and highlights of the company’s …

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  New Mexico’s oil and gas industry is taking a major blow as Marathon Petroleum Corp., the largest U.S. independent oil refiner says it will not restart its refinery in Gallup. The company said it will also not restart a California refinery amid concerns that demand for fuels is not likely to return to levels …

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  The first words from mission control to the astronauts were a humorous welcome home: “Thank you for flying SpaceX.” The astronauts had a cheerful message for their flight doctors waiting to check them out as well: “Let them know we’re feeling good.” The Crew Dragon capsule splashed down into the Gulf of Mexico, finishing …

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