Enbridge Reports Q3 Profit and Revenue Down From Year Ago
Enbridge missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2% in premarket trading. Get the…
What Happens at COP Climate Summits? Will This One Make a Difference?
By and Leaders at COP30 family photo in Belem, Brazil, on Nov. 7. Photographer: Fernando Llano/AP Photos Get the Latest US Focused Energy News Delivered to You! It’s FREE: For…
Shale Operators Defy $60 Oil to Keep Increasing Production
By and A pumpjack and drill rig over an oil well in the Permian Basin near Midland, Texas. Photographer: Daniel Acker/Bloomberg Get the Latest US Focused Energy News Delivered to…
U.S. Shale Producer EOG Resources Beats Third-Quarter Profit Estimates
Meanwhile, oil and gas production in the U.S. rose to record highs in August, data from the Energy Information Administration showed. Get the Latest US Focused Energy News Delivered to…
Oil Heads for Second Weekly Loss on Lingering Oversupply Concerns
Summary U.S. crude stocks rose more than expected last week Private reports suggest U.S. labour market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets (Reuters) – Oil…
ConocoPhillips Lifts Dividend, Raises Output Forecast After Profit Beat
By Nov 6 (Reuters) – ConocoPhillips (COP.N) raised its quarterly dividend and full-year production forecast on Thursday, after posting third-quarter earnings above estimates thanks to higher output and lower costs…
ConocoPhillips Raises Willow Cost to $9 Billion Citing Inflation
By ConocoPhillips raised its total spending plans for the Willow oil and natural gas project in Alaska to as much as $9 billion, citing inflation and other rising costs. Get…
HSBC Says Oil, Gas Deals to Drop ‘Materially’ in Energy Mix
By Offshore oil and gas platforms. Photographer: Tim Rue/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: HSBC Holdings Plc is expecting oil and gas deals…
US LNG Producers Ink Near Record Contract Volumes, Even as Fees Climb
U.S. liquefied natural gas developers are on track this year to ink the second-highest annual number of binding sales contracts, despite industry concerns about increasing capacity and rising costs. In…
Oil Edges Up as Glut Fears Ease Despite Weak Demand
(Reuters) – Oil prices regained a little ground on Thursday, buoyed by easing concerns over a potential supply glut as sanctions on Russian companies begin to bite. Having closed the…
