US Extends Comment Deadline on Biden-Era LNG Study to Protect Approvals
WASHINGTON, Jan 22 (Reuters) – The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming liquefied natural gas (LNG) export…
Trump’s Climate Withdrawal Creates Rare Discord With Big Oil
By and Withdrawal from Paris agreement increases regulatory ambiguity, risks US energy firms planning long-term investments in technologies aimed at fighting climate change US oil industry prefers engagement in global…
Lyondell to Begin Closure of Houston Refinery This Weekend, Sources Say
By HOUSTON, Jan 22 (Reuters) – LyondellBasell Industries (LYB.N) will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations. Layoffs…
North Dakota Oil Output Down About 70,000-100,000 bpd Due to Cold Weather
North Dakota’s oil production was estimated to be down by between 70,000 barrels per day (bpd) to 100,000 bpd due to extreme cold weather and related operational challenges, the state’s…
Investors Balked at Venture Global’s Earnings Outlook Before IPO Price Cut
By , and Company cuts upper valuation guidance to $65 bln from $110 bln Investors balked at long-term sales guidance in IPO prospectus IPO a rare opportunity to buy equity…
Halliburton Warns of Softer North America Activity Even as Quarterly Profit Beats Estimates
(Reuters) – Halliburton on Wednesday warned of softer activity in North America this year even as the oilfield giant beat analysts’ estimates for fourth-quarter profit helped by higher demand for…
LNG Exporter Venture Global Cuts Target Valuation for US IPO to $65.3 bln
(Reuters) – LNG exporter Venture Global on Wednesday slashed the valuation it was seeking from its U.S. initial public offering to as much as $65.33 billion, significantly lower than the…
Venture Global Slashes IPO Price Range by More Than 40%
By and Venture Global Inc. slashed the marketed range for its initial public offering, bringing the potential valuation well below its $110 billion target. The liquefied natural gas exporter is…
Trump’s Tariff Whiplash Is Designed to Sow Chaos, Trudeau Says
Order for April 1 border review came with Feb. 1 tariff threat Canada prime minister supports ‘dollar-for-dollar’ retaliation By , , and US President Donald Trump is trying to create…
Oil’s Dark Fleet Puts Pressure on Trump to Act Quickly
An unusually reticent president hasn’t had much to say about sanctions on Russia and Iran’s crude exports since returning to the White House. The detained Eagle S tanker, part of…
