US Natgas Prices Edge Up to 3-Week High as Heat Boosts Air Conditioning Use
(Reuters) – U.S. natural gas futures edged up about 1% to a three-week high on Friday as hot weather forces power generators to burn lots of the fuel to keep…
Exxon vs. Chevron Battle Sets Stage For Oil Industry’s Race for Prize Assets: Bousso
By Ron Bousso Chevron wins legal dispute over Hess’s stake in Guyana’s Stabroek oil block Exxon-Chevron rivalry shapes U.S. energy sector, competing for dominance in shale oil Oil firms face…
SLB Beats Quarterly Profit Estimates on Steady Oilfield Services Demand
July 18 (Reuters) – Top oilfield services firm SLB (SLB.N) narrowly beat Wall Street expectations for second-quarter profit on Friday, as resilient demand in parts of its international business helped…
Oil Prices Steady as Mixed US Economic News Offsets New EU Sanctions on Russia
By US consumer sentiment up, but homebuilding drops EU to stop importing fuels from Russia Chevron closes Hess acquisition after arbitration win NEW YORK, July 18 (Reuters) – Crude oil…
Biggest Oil and Gas Sector Deals Since Start of the Century
Mergers and acquisitions in the shale industry have drawn increased antitrust scrutiny, with the U.S. Federal Trade Commission reviewing several multi-billion dollar deals, including Chevron, Exxon Mobil, Diamondback Energy, Occidental…
Chevron Closes Hess Acquisition After Winning Exxon Legal Battle
By Hess takeover is one of largest energy deals in decades Chevron CEO’s strategy hinged on completing acquistion Exxon says it disagrees with arbitration court decision Shares in Chevron, Exxon…
Chevron Entry to Guyana Oilfields Solves Company’s Top Challenge
By Acquisition of Hess boosts long-term growth prospects Stabroek Block holds 11 billion barrels of oil equivalent Chevron’s reserves fell to lowest in a decade, shares down 7.5% over past…
COMMENTARY: Trump’s Push For a Comeback in Coal May Turn to Ashes – Maguire
By LITTLETON, Colorado, July 18 (Reuters) – U.S. President Donald Trump has singled out the coal industry as a key driver of U.S. energy dominance, but there are currently no…
Freeport LNG Export Plant in Texas on Track to Return to Full Power, LSEG Data Shows
Officials at Freeport LNG were not immediately available for comment on Thursday. Get the Latest US Focused Energy News Delivered to You! It’s FREE: Freeport is one of the world’s…
US Solar Panel Makers Seek Tariffs on Imports From Indonesia, India, Laos
By July 17 (Reuters) – A group of U.S. solar panel manufacturers asked the Commerce Department on Thursday to impose tariffs on imports from Indonesia, India and Laos, accusing companies…
