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Devon Raises 2024 Projected Production
United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supp…
Geothermal Power Plant
Fervo Energy Raises $244M for Geothermal Deployment
(Credit: Fervo Energy)Fervo Energy announced that it has raised $244 million in new funding led by Devon Energy, meant to enable Fervo’s next phase of gro…
Geothermal Drilling
Oil and Gas Firm Devon Energy Invests in Fervo Energy
U.S.-based oil and gas firm Devon Energy has made a strategic investment in Fervo Energy, marking the start of a partnership between the two technical leaders. …
Net Zero Emission
Devon Energy Sets Net Zero 2050 Emissions Targets, ESG Performance Goals
Devon Energy announced it is establishing new environmental performance targets focused on reducing the carbon intensity of its operations, minimizing freshwate…
Oil Shale
U.S. Shale Producers Devon Energy , WPX Energy in Merger Talks
U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a combined company worth around…