SLB, Baker Hughes See Oil Exploration Spending Rising as Iran War Disrupts Supply
(Reuters) – Top oilfield services companies SLB and Baker Hughes said on Friday they expect higher spending on oil exploration and production, as tighter global supplies driven by the Middle…
US Exporters are Plugging a Qatar-Sized LNG Supply Hole – For Now: Maguire
tanker (Reuters) – U.S. LNG exporters have so far offset the drop in shipments from Qatar following Iranian attacks on its facilities and the closure of key Middle East shipping…
US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed…
Oil Prices End Volatile Session Mixed But Up Sharply for the Week on Supply Worries
By and Iran to make offer aimed at satisfying US demands, Trump tells Reuters Trump to send Witkoff and Kushner to Pakistan for Iran talks, CNN reports WTI falls on…
Amber Energy Says it Will Invest $11 Billion in Citgo if Sale is Finalized
By HOUSTON, April 24 (Reuters) – Amber Energy CEO Greg Goff promised $11 billion in investments in Citgo Petroleum if the U.S. Treasury Department’s Office of Foreign Assets Control releases…
US Imposes Sanctions on Chinese Teapot Refinery for Buying Iranian Oil
By US targets Hengli Petrochemical and 40 firms, vessels for helping Iran sell oil Sanctions aim to restrict Iran’s oil exports Experts say targeting Chinese banks would have greater effect…
Canada Approves Enbridge’s $4 Billion Sunrise Gas Expansion
Canada has approved Enbridge’s C$4 billion Sunrise Expansion, clearing the way for a major buildout of British Columbia gas infrastructure that will add 300 million cubic feet per day of…
Trump Extends Jones Act Shipping Waiver Through August
The White House extended its Jones Act waiver by 90 days, keeping foreign-flagged tankers eligible to move crude, fuels and fertilizer between U.S. ports through mid-August. The waiver was on…
JPMorgan Says Oil Prices Still Have Further to Rise
JPMorgan says oil prices still have further to rise because the market has not yet forced enough demand out of the system to offset the supply loss from the Iran…
Baker Hughes wins LNG equipment award from QatarEnergy
By 4 min ago 1 min read Baker Hughes has received a major LNG equipment award from QatarEnergy for the main refrigerant compressor train and power generation packages across two…
