mark

BlackRock Ditched by Texas Fund Shows Limits of Fink Persuasion

Latest, US News / By

Texas Permanent School Fund to pull $8.5 billion from firm Law restricts business with companies deemed oil boycotters It was just weeks ago when BlackRock Inc. Chief Executive Officer Larry Fink took the stage with Texas Lieutenant Governor Dan Patrick at an industry event in Houston. The chummy meeting between the Republican politician and the head of the investment behemoth — Patrick praised …

BlackRock Ditched by Texas Fund Shows Limits of Fink Persuasion Read More »

Nuclear Fusion Backers Meet in U.S. Capital as Competition with China Looms

Energy Topics & Technology, EnergyNow News and Press Releases, Latest, Nuclear Fission, US News / By

(Reuters) – Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C. this week seeking ways to attract more money for research to avoid falling far behind China in the race to develop and build commercially viable reactors. A funding bill signed by President Joe Biden this month contained $790 million for …

Nuclear Fusion Backers Meet in U.S. Capital as Competition with China Looms Read More »

Williams Companies Ruled Out Bid for Tellurian, Executive Says

Energy Topics & Technology, Latest, Mergers and Acquisitions, Pipelines, US News / By

HOUSTON, March 19 (Reuters) – Pipeline operator Williams Companies  looked at acquiring struggling liquefied natural gas (LNG) developer Tellurian, but considered its export project not that attractive, the company’s strategy chief said on Tuesday. Tellurian said this week it would consider offers for its proposed Driftwood LNG gas export terminal after unsuccessfully pursuing long-term sales and purchase agreements …

Williams Companies Ruled Out Bid for Tellurian, Executive Says Read More »

U.S. Solar Factories Need More Government Support to Succeed, Report Says

Latest, Renewable Energy, Solar, Tri-Pinned, US News / By

(Reuters) – U.S. efforts to build a domestic supply chain for solar energy components is stalled and will require urgent government action to support the factories needed to compete with China, according to a report published on Wednesday. The analysis by Guidehouse Insights, commissioned by the Solar Energy Manufacturers for America Coalition, said existing federal …

U.S. Solar Factories Need More Government Support to Succeed, Report Says Read More »

Enservco Announces Agreement to Acquire Accretive Energy Logistics Business to Diversify the Company

Energy Topics & Technology, Latest, Mergers and Acquisitions, Press Releases / By

Addition of Buckshot Trucking to Provide New Logistics Service Offerings Through Growing and Historically Profitable Business Acquisition to Generate Increased Operational and Financial Flexibility with Year-Round Business Not Dependent on Weather Buckshot’s Founders and Team to Remain in Place to Support Integration and Drive Further Growth in Overall Business LONGMONT, Colo., March 20, 2024 (GLOBE …

Enservco Announces Agreement to Acquire Accretive Energy Logistics Business to Diversify the Company Read More »

Oil Retreats From Multi-Month Highs Ahead of Fed Decision

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Crude falls from multi-month highs Investors await U.S. Federal Reserve interest rate announcement U.S. crude, gasoline stocks fell last week – API LONDON, March 20 (Reuters) – Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors braced for the U.S. Federal Reserve’s interest rate policy announcement later …

Oil Retreats From Multi-Month Highs Ahead of Fed Decision Read More »

EQT CEO Warns Lack of Gas Storage Will Trigger Price Gyrations

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

Toby Rice says prices could eventually swing as high as $8 ‘This is the world we live in unless we get serious,’ he said The chief of the largest US producer of natural gas has warned that a lack of pipelines and storage facilities will trigger dramatic price swings in the years ahead, causing them …

EQT CEO Warns Lack of Gas Storage Will Trigger Price Gyrations Read More »

Freeport LNG to Increase Production by 10% Following Repairs

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, LNG, US News / By

Debottlenecking maintenance underway through early May Additional capacity to be marketed directly by Texas producer Freeport LNG will increase its production of liquefied natural gas following repairs that are due to be concluded in early May, the company’s chief executive officer said in an interview. Maintenance will increase the Texas facility’s capacity to 16.5 million metric …

Freeport LNG to Increase Production by 10% Following Repairs Read More »

Exxon Mobil Eyes 2 Million Bpd of Output in the Permian by 2027

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, US News / By

Exxon Mobil will bring its Permian basin output up to 2 million barrels per day by 2027, while it also ramps up production in Guyana, Vice President of Global Exploration John Ardill said on Tuesday at a conference in Houston. Exxon has grown its position in the Permian significantly since 2017, when it acquired some …

Exxon Mobil Eyes 2 Million Bpd of Output in the Permian by 2027 Read More »

Subscribe
Subscribe