US Drillers Add Oil and Gas Rigs for Second Week in a Row, says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row, energy services firm Baker Hughes said in its closely followed…
Activist Investor Kimmeridge Takes Stake in US Energy Producer Devon
(Reuters) – Activist investment firm Kimmeridge Energy Management has taken a stake in U.S. shale producer Devon Energy, according to a stock market filing released on Friday. THE DETAILS Kimmeridge…
Saudi Aramco to Sign US LNG Agreements During Crown Prince’s Visit to Washington, Sources Say
(Reuters) – Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia’s Crown Prince Mohammed bin Salman visits…
Blackstone Energy Transition Partners Announces $1.2 Billion Investment to Build First-ever Natural Gas Power Generation Facilit…
Project Expected to Create 500 Construction Jobs, Spur Local Economic Development Will Help Meet Rising Electricity Demand from Growing Economy and AI/Data Center Innovation NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX), through funds…
US Natgas Scales Highest Level Since March on Stronger LNG Exports, Cold December Outlook
(Reuters) – U.S. natural gas futures rose to their highest level since March on Thursday, supported by stronger liquefied natural gas (LNG) exports and forecasts for colder-than-normal weather in December.…
US Crude Stocks Rise, Fuel Inventories Fall on Higher Demand, EIA Says
(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week on stronger demand, the Energy Information Administration said on Thursday. Crude inventories rose by 6.4 million…
Repsol Weighs Merger of $19 Billion Upstream Unit With APA, Bloomberg News Reports
(Reuters) – Spain’s biggest refinery operator Repsol SA is considering a reverse merger of its upstream unit with potential partners, including U.S. energy producer APA, Bloomberg News reported on Thursday,…
Trump Administration Revokes Biden-Era Limits on Alaska Oil Drilling
(Reuters) – The Trump administration on Thursday finalized its rollback of Biden-era limits on oil and gas drilling in an Alaska area that is the nation’s largest tract of undisturbed…
Goldman Sachs Sees Global Oil Demand Growing Through 2040
(Reuters) – Goldman Sachs expects global oil demand to grow to 113 million barrels per day in 2040 from 103.5 mbpd in 2024, driven by rising energy needs and ongoing…
Is This Exxon’s New Climate Delay Tactic?
The oil giant is pushing for a new carbon accounting method, which worries climate advocates but shows Exxon is sticking with its emission-reduction goals despite Trump’s attacks on low-carbon energy…
