Qatar Moves to Reclaim Japan’s LNG Market With Major Jera Deal

QatarEnergy is expected to announce a major long-term supply agreement with the biggest power utility in Japan, allowing the world’s second-largest LNG exporter to regain some of the market share…

Devon, Coterra Sign ‘Blockbuster’ Merger Deal

In a joint statement released Monday, Devon Energy and Coterra Energy announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a “leading…

Oil Steadies as Investors Weigh Supply, Possible US-Iran de-Escalation

Summary Prices steady after geopolitical risk premiums fade Firm US dollar weighs on oil markets Russia’s Novak expects oil demand to pick up in March, April Reuters) – Oil prices…

COMMENTARY: A $47 Bln Deal Heralds US Oil Boom’s Middle Age

By Robert Cyran NEW YORK, Feb 2 (Reuters Breakingviews) – The United States’ transformation into the world’s biggest oil producer has been dramatic. It is also mostly over. Thanks to…

Marathon Petroleum Profit Beats as Margins Rebound From Multi-Year Lows

Feb 3 (Reuters) – Marathon Petroleum  reported fourth-quarter profit above Wall Street estimate on Tuesday, as a 44% jump in refining margins underscored stronger operational performance after a prolonged downturn…

US-Driven Gas Turbine Crunch May Speed Global Clean Power Uptake

(Reuters) – A rush by U.S. utilities and tech giants to snap up as many gas turbines as possible to boost local power output is causing a global shortage of…

U.S.-India Trade Deal Puts Oil and Russian Crude at the Core

President Donald Trump said on Monday that the United States and India have reached an agreement on a trade framework that cuts U.S. tariffs on Indian goods and commits New…