Michigan Utility Consumers Energy Completes Pipeline Expansion
Consumers Energy said it upgraded the Mid-Michigan line to deliver more volumes to growing its customer base.
OMS Energy Files for IPO, Reports Revenue Growth
Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
CNOOC’s Long Lake Northwest Project Begins Crude Production
CNOOC’s Long Lake Northwest project will reach a peak production of 8,200 bbl/d of crude in 2025.
Moelis’ Cantor: Trump to Make American Energy Investable Again
Former GOP Majority Leader Eric Cantor, vice chairman and managing partner at Moelis, said EV subsidies are likely to be in the president’s crosshairs in his second term.
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
A Tale of Two Strategies: How Baker Hughes, NOV are Traversing the Natural Gas Age
Natural gas demand is on the rise, and with that comes a flurry of measures to capitalize on evolving market needs. How are Baker Hughes and NOV navigating the changing energy landscape?
Federal Regulators Give Venture Global Permission to Introduce Natural Gas Into LNG Plant
Federal regulators have given Venture Global LNG permission to introduce natural gas into its Plaquemines export plant in Louisiana.
US Crude, Gasoline and Distillate Inventories Rise Last Week, EIA Says
(Reuters) – U.S. crude oil, gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 2.1 million barrels to 427.7 million barrels in the week ending Nov. 1, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.1 million-barrel rise. Crude stocks …
US Crude, Gasoline and Distillate Inventories Rise Last Week, EIA Says Read More »
Trump Could Harden Iran Oil Stance But Struggle to Stem Flow to China, Analysts Say
(Reuters) – Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran’s top crude customer, to cooperate, analysts said. Cracking down on OPEC-member Iran would support global oil prices, but the effect could …
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‘Hydrogen is Happening’: Chevron Pushes Ahead Despite Industry Doubts
Facing a myriad of challenges that include policy uncertainty and costs, companies such as Chevron are moving forward with projects and partners to make progress.