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…
Trump Plans to Enact 25% Tariffs on Canada, Mexico by Feb. 1 – Watch the Video Clip
President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC, on Jan. 20. President Donald Trump said he planned to enact previously threatened tariffs…
Trump’s Energy Actions on His First Day
(Reuters) – U.S. President Donald Trump issued a flurry of orders within hours of his inauguration on Monday intended to boost the nation’s already record-high oil and gas production and…
Oil Falls as Traders Digest Trump Tariff Reprieve, Stronger Dollar
Summary • Trump says he is considering 25% tariffs on Mexico and Canada from February• President declares sweeping plan to maximise US oil production• U.S. will “probably” stop buying Venezuelan…
