Chart Industries Backs Sale to Baker Hughes for $13.6 Billion
Oct 6 (Reuters) – Chart Industries (GTLS.N) said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes (BKR.O). In July, Baker Hughes said it would…
European Union’s US Gas Use Set to Soar, Increasing Price Volatility
Summary LNG now covers half of EU gas needs EU dependency on US LNG set to rise further LNG prices more volatile than pipeline gas EU gas storage levels drop…
Chevron to Make Adjustments to Los Angeles Refinery Following Large Fire
(Reuters) – Chevron said on Saturday that it will be making operational adjustments to its 285,000 barrel-per-day El Segundo refinery to meet Southern California’s fuel demands after a large fire erupted…
Oil Rises After OPEC+ Hikes Output Less Than Expected
Summary OPEC+ November supply hike stable from October at 137,000 bpd Refinery maintenance to limit oil demand in Q4, analysts say Weak demand outlooks in Q4 to also cap near-term…
Shell’s US Executive Says Trump’s Halting of Wind Projects Harms Investment
(Reuters) – The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is “very damaging” to investment, President of Shell U.S. Colette Hirstius told the Financial…
Mark Carney-Launched Net-Zero Banking Alliance Votes to Shut Down
Current Canadian Prime Minister Mark Carney A spokesperson for the UN-backed Net-Zero Banking Alliance says members voted to end the membership-based structure and instead use the climate guidance the group…
Oil Posts 8% Weekly Loss on Potential OPEC+ Supply Additions
Summary Companies OPEC+ could further boost output in November, sources say Analysts predict oil market surplus in fourth quarter and beyond Chevron refinery fire unlikely to affect broader market (Reuters)…
Biden Ban on Offshore Drilling in Vast Areas Was Illegal, Court Rules
(Reuters) – Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal judge in Louisiana ruled…
US Drillers Report Oil and Gas Rigs Unchanged For the Week at 549, Says Baker Hughes
(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs virtually unchanged, energy services firm Baker Hughes said in its closely followed report on…
Oil Posts 8% Weekly Loss on Potential OPEC+ Supply Additions
By OPEC+ could further boost output in November, sources say Analysts predict oil market surplus in fourth quarter and beyond Chevron refinery fire unlikely to affect broader market HOUSTON, Oct…
