Business/economics

Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.

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