Larger Deals Power Global M&A in H1, Bankers Signal Appetite for Megadeals
Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in…
US Natgas Prices Slide Over 6% on Mild Weather, Lower Demand
The decline marked a weak end to the second quarter, with prices dropping nearly 15% over the three-month period, snapping four straight quarters of gains and marking the worst performance…
US Crude Oil Output Hit Record in April, EIA Data Shows
Gasoline demand rose 145,000 bpd to 8.91 million bpd in April, the highest since October, the EIA said. Meanwhile, demand for distillate fuels, which include diesel and heating oil, edged…
Hedge Funds Sell Energy Stocks as Oil Slumps, Says Goldman Sachs
Hedge funds, starting June 23, sold the stocks of energy-related companies across every major region, the Goldman note said. Get the Latest US Focused Energy News Delivered to You! It’s…
US Supreme Court to Hear Enbridge’s Venue Challenge to Michigan’s Pipeline Case
The U.S. Supreme Court agreed on Monday to hear Enbridge’s bid to change the venue of Michigan’s lawsuit seeking to force the Canadian pipeline operator to stop operating a pipeline underneath…
Oil Prices Steady on Easing Middle East Risks
Summary Benchmarks poised for repeat monthly gains of more than 5% OPEC+ plans could smother any upside in prices, says analyst Global demand outlook remains uncertain (Reuters) – Oil prices…
Overcoming AI Impediments for AI Success in Oil and Gas – Yogi Schulz
By Yogi Schulz Many oil and natural gas producers hesitate to explore the potential of artificial intelligence (AI) and implement AI applications. This article challenges these impediments with examples of…
US Energy Firms Eye New Northeast Natgas Pipelines, Buoyed by Trump and Demand Outlook
The Appalachia shale fields, which cover the Marcellus and Utica formations, have the largest gas reserves in the U.S., but energy companies have limited ability to move more of that…
World Shares Hover Near Record Highs as US-Canada Trade Talks Revived
World shares held just below recent record highs on Monday as the revival of U.S./Canada trade talks helped risk sentiment, while the dollar dipped on the prospect of this week’s…
Japan Auto Trade ‘Unfair’, Could Buy More US Oil, Trump Tells Fox News
Tokyo is scrambling to find ways to get Washington to exempt Japan’s automakers from 25% automobile industry-specific tariffs, which are hurting the country’s manufacturing sector. Japan also faces a 24%…
