US Oil and Gas M&A Activity Tripled Last Year, Report Says
(Reuters) – Mergers and acquisitions in the U.S. oil and gas sector tripled last year despite softer commodity prices as energy companies boosted spending to improve efficiency and profits, according…
BP’s 440,000-bpd Refinery in Whiting, Indiana, Reports Flaring Due to Severe Thunderstorms, Company Says
(Reuters) – BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, on Tuesday reported flaring due to flooding caused by a severe thunderstorm overnight, the company said. “The Whiting Refinery’s operations were impacted…
Woodside Cuts Exploration, Shifts Focus to $39 Billion Project Pipeline After Profit Drop
Summary Co’s HY25 underlying NPAT falls to $1.25 billion Declares dividend at top end of payout ratio despite debt rising Woodside ‘absolutely focused’ on delivery, CEO says (Reuters) – Woodside…
Black Hills to Buy Utility Firm NorthWestern Energy for $3.6 Billion
(Reuters) – Utility company Black Hills said on Tuesday it would buy peer NorthWestern Energy Group for $3.6 billion. The all-stock deal, which has an enterprise value of $15.4 billion, would…
Freeport LNG in Texas Recovers from Brief Reduction, Gas Intake Rises, LSEG data Shows
When flows to Freeport drop, gas prices in the U.S. usually decline due to lower demand from the export plant for the fuel. Get the Latest US Focused Energy News…
Oil Prices Fall as Ukraine Talks Raise Prospect of Sanctions Easing
Summary Oil prices down after previous session’s 1% gain Geopolitical risks have eased for oil this week -analyst Trump says US would help guarantee security for Ukraine LONDON, Aug 19…
USDA Ends Programs for Solar, Wind Projects on Farms
By and WASHINGTON, Aug 18 (Reuters) – The U.S. Department of Agriculture will no longer support solar and wind projects on productive farmland, said Agriculture Secretary Brooke Rollins in a…
BlackRock’s GIP to Take Stake in Eni’s Carbon Capture Business
By MILAN, Aug 18 (Reuters) – U.S. asset manager BlackRock’s (BLK.N) infrastructure fund GIP has agreed to buy a 49.99% stake in Eni’s (ENI.MI) carbon capture and storage business (CCUS),…
Clean Energy Investors Relieved by Trump Tax Rule Changes
Aug 18 (Reuters) – Shares of U.S. solar energy companies rose on Monday after the Trump administration released new subsidy rules for clean energy projects that were not as stringent…
Gas Demand at Two of the Top US LNG Plants Declines
(Reuters) – Two of the United States’ largest liquefied natural gas export plants recorded major declines in demand for natural gas on Monday, suggesting parts of their facilities might be…
