Baker Hughes Nears $13.6 Billion Deal to Buy Chart, Edging Out Flowserve, FT Reports
Oil and gas equipment supplier Baker Hughes is nearing a $13.6 billion cash deal to buy Chart Industries, edging out rival suitor Flowserve, the Financial Times reported on Monday, citing…
Oil Climbs on EU Trade Deal, Potential US-China Tariff Truce Extension
Summary Brent crude hits highest level since July 18 on Monday US and China officials at Stockholm for trade talks Trump’s shorter deadline for Russia on Ukraine war raises oil…
Enterprise Sees Resilience in Permian Despite Weak Oil Prices
By and , one of the largest pipeline operators in the Permian Basin, sees oil production in the region holding up this year despite an expected drop in crude prices.…
Venture Global Reaches Final Investment Decision for CP2 LNG Project
(Reuters) – Venture Global said on Monday it had reached a final investment decision and successfully closed the $15.1 billion project financing for the first phase of the CP2 LNG…
COMMENTARY: EU’s Pledge for $250 billion of US energy Imports is Delusional
Trump and EU Commission President Ursula von der Leyen announced the deal for a 15% tariff on U.S. imports of EU goods at the U.S. leader’s golf course in Scotland…
Russia’s Medvedev Calls EU-US Deal ‘Anti-Russian’ Over Potential Fallout for Russian Oil and Gas
(Reuters) – Former Russian President Dmitry Medvedev said on Monday that a framework trade agreement struck between the European Union and the United States was “anti-Russian” likening it to a…
COMMENTARY: How to Unleash Small Modular Reactors – Alex Epstein
My testimony to the House Oversight Committee on “The New Atomic Age: Advancing America’s Energy Future.” By Alex Epstein This week I testified in front of the House Committee on…
US LNG Producers Soar as EU Agrees to $250 Billion in Annual Purchases
Shares of U.S. liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next…
Europe Reacts With Mix of Relief and Concern to US Trade Deal
Many of the specifics of the deal were not immediately known, however. Get the Latest US Focused Energy News Delivered to You! It’s FREE: “As we await full details of…
IT’S NOT EASY BEING GREEN: Cancelled and Postponed Green Hydrogen Projects
MADRID, July 23 (Reuters) – Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made…
