Trent Bridges, who served as vice president and assistant general counsel for Magellan Midstream Partners, has represented clients in a range of energy transactions, infrastructure development projects and investments, with a particular emphasis on the midstream industry.
North Sea oil and gas producers are merging and shifting overseas as Britain’s windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election. The change of strategy could accelerate the decline of domestic production, risking increased dependency on imports, greater vulnerability to higher consumer prices …
North Sea energy Firms Look Beyond UK After Tax Squeeze Read More »
By George Hay and Yawen Chen (Reuters Breakingviews) – The Middle East’s key generator of instability just got even harder to read. As demonstrated by its recent missile attacks on Israel, Iran is one of the main reasons why global investors hesitate to commit too much capital to the region. The death of President Ebrahim …
President’s Death Makes Iran Even Less Predictable Read More »
Key Energy Services’ deal comes as Endeavor Energy Resources is selling its upstream assets to Diamondback Energy.
Iberdrola said its acquisition of the remaining stake in Avangrid Inc. is intended to increase its exposure in the U.S.
NEW YORK, May 20 (Reuters) – Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened from recent records and utilization rates fell. Three of the biggest U.S. independent oil refiners – Marathon Petroleum (MPC.N), Phillips 66 and Valero Energy – earned combined adjusted profits …
U.S. Refiners Reward Shareholders With Big Returns Despite Softer Q1 Profits Read More »
Summary Iranian President, foreign minister die in helicopter crash Saudi crown prince postpones Japan trip citing king’s health Another Russian energy facility hit LONDON, May 20 (Reuters) – Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s president died in a helicopter crash and Saudi Arabia’s crown prince deferred a trip …
Oil Steadies After Death of Iran’s President, Saudi King’s Ill Health Read More »
HOUSTON, May 19, 2024 (GLOBE NEWSWIRE) — Key Energy Services, Inc. (“Key” or the “Company”) today announced the purchase of substantially all the assets of the well servicing division of Endeavor Energy Resources, L.P. (“Endeavor”) in an all-cash transaction effective May 19, 2024. Key will continue support Endeavor’s well servicing needs in the Permian Basin …
Shipping’s global regulator is pushing the industry to achieve net zero greenhouse gas emissions by mid-century. Getting there will mean transforming a sector that’s still largely powered by fossil fuels and accounts for about 3% of human-made carbon dioxide. 1. What’s the current state of play? Shipping carries more than 80% of world trade and in total emitted more …
How the Shipping Industry Is Trying to Cut Its Billion Tons of CO2 Emissions Read More »
The main oil company of the United Arab Emirates bought a stake in NextDecade Corp.’s natural gas export project in Texas, its first acquisition in the US that will also give it supply from the plant for 20 years. Abu Dhabi National Oil Co. will take a 11.7% stake in phase 1 of the Rio Grande …
Adnoc Buys Stake in NextDecade’s LNG Project in First U.S. M&A Read More »
