In the deal, Enbridge, which did not have a stake in the Matterhorn Express, agreed to buy a 10% stake in the line for $300 million, according to company statements. The Matterhorn has a designed ...

Chord Energy has drilled three 4-mile laterals in the middle Bakken and is closely tracking results from the first now online. Seven more are planned for the rest of this year.

Occidental Petroleum’s cash flow improvements are expected as spending falls for projects, such as 1PointFive’s Stratos ...