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OPEC+ Could Extend Oil Cuts, Formal Talks Yet to Start

Summary OPEC+ meets on June 1 Voluntary cuts of 2.2 mln bpd are in place until end-June ‘Good chance’ OPEC+ will extend, Energy Aspects says LONDON/MOSCOW, May 2 (Reuters) – OPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of 2.2 million barrels per day beyond June, but …

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Superior Energy Services Announces First Quarter 2024 Results and Conference Call

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) filed its Form 10-Q for the period ended March 31, 2024. In accordance with the Company’s Shareholders Agreement, it will host a conference call with shareholders on May 6, 2024. For the first quarter of 2024, the Company reported net income from …

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Pacific Energy in Talks With NextDecade, Tellurian on US LNG

Bloomberg Pacific Energy is in talks with Tellurian Inc. and NextDecade Corp. for natural gas cargoes from planned export terminals along the US Gulf Coast, according to people familiar with the matter. The discussions involve liquefied gas to be produced at Tellurian’s proposed Driftwood LNG project in Louisiana and NextDecade’s Rio Grande terminal in Texas, said …

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Japan is Opening Coal Plants, Not Closing Them

The Dog Ate Japan’s Plan to Phase Out Coal Power By David Fickling David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. With blistering speed, the rich countries that built their wealth on coal-powered industrialization are turning their …

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U.S. State Dept Says Oil Service Firm SLB Not Violating Russia Sanctions

(Reuters) – The U.S. State Department believes oil services firm SLB has not violated sanctions against Russia and the company has been told what Washington is willing to accept, Assistant Secretary of State Geoffrey Pyatt told Reuters in an interview on Wednesday. “I have had conversations with the CEO of that company… I think there …

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Exxon to bar Pioneer CEO From its Board in Deal with FTC, WSJ Reports

Exxon Mobil is set to close its $60 billion deal for Pioneer Natural Resources following an agreement with antitrust enforcers to not add Pioneer CEO Scott Sheffield to its board, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The Federal Trade Commission is set to allege as soon as Wednesday …

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