Pearl Energy-Backed Infinity Natural Resources Raises $265 Mln in US IPO
The company, backed by buyout firms Pearl Energy Investments and NGP, sold 13.5 million shares at $20, within marketed range of $18 and $21. Energy has been a major theme…
Buyout Firm NGP Seeks $2 Billion Sale of Gas Producer Camino, Sources Say
(Reuters) – Private equity firm NGP Energy Capital Management is exploring a sale of natural gas producer Camino Natural Resources, which may achieve a valuation of around $2 billion including…
Oil Prices Steady Ahead of Trump’s Threatened Tariffs on Canada, Mexico
Summary • Investors await Trump’s move on Mexico, Canada tariffs• US crude oil stockpiles up last week• OPEC+ ministerial meeting on Feb. 3 in focus (Reuters) – Oil prices were…
UNDER PRESSURE: IEA Comes Under Pressure From Former Oil Market Chief to Cut Energy Transition Focus
The International Energy Agency’s former oil industry and market chief criticized the agency’s focus on the global energy transition in a report released on Wednesday, and said the IEA should…
Specter of Trump Tariffs Spurs Interest in US Gas Contracts
Construction at an LNG plant in Port Sulphur, Louisiana. Bloomberg News President Donald Trump’s high-stakes bid to use natural gas exports as leverage to expand US influence in Europe and Asia…
Canada Could Avoid U.S. Tariffs for Now with Border Action: Trump’s Commerce Pick Howard Lutnick Says
With the threat of a Feb. 1 tariff imposition looming, U.S. President Donald Trump’s pick to lead the Commerce Department says Canada could avoid tariffs in the short term if…
DeepSeek Reveals How Badly Energy Industry Needs AI for Growth
For the past year, their growth expectations and share prices were boosted by the belief that AI would require an unprecedented wave of data center construction. Photographer: Chris Ratcliffe/Bloombe Pipeline…
Why is Trump Threatening to Take Over the Panama Canal?
Panama Canel Newly inaugurated U.S. President Donald Trump is pushing to “take back” the Panama Canal, the world’s second busiest interoceanic waterway, spurring concerns that the United States could invade…
Chevron Partners with Engine No. 1, GE Vernova to Power US Data Centers
The announcement comes just a week after U.S. President Donald Trump revealed a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace…
UK Competition Regulator Launches Inquiry Into $8 Bln SLB-ChampionX Deal
(Reuters) – Britain’s competition regulator said on Wednesday it has launched an inquiry into oilfield services company SLB’s proposed $8 billion deal to buy smaller rival ChampionX. The Competition and…
