Weatherford CEO: Rocky Offshore Market to Rebound in 2026
Volatility in 2025 has created a ‘temporary blip,’ in the market, but amid commodity price turmoil Weatherford CEO Girish Saligram sees pockets of strength in the global oil market.
The Haynesville-to-LNG Pipeline-Palooza
As up to 13 Bcf/d of new gas demand is incoming from Louisiana and southeast Texas Gulf Coast LNG developers, midstream operators are adding big pipe to deliver more from the Haynesville.
Putin and XI to Talk Energy, Discuss Power of Siberia 2 Gas Pipeline
(Reuters) – Russia’s Vladimir Putin and China’s Xi Jinping will discuss the “most sensitive” issues, including energy cooperation and a proposed Power of Siberia 2 gas pipeline to China, Kremlin aide Yuri Ushakov said on Tuesday. Xi will start an official four-day visit to Moscow on Wednesday and will be among a number of the …
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Tidewater to Acquire Segment of Pembina Pipeline System
Tidewater Midstream and Infrastructure will strengthen its crude network position in a $22 million deal, including debt, to buy the North Segment of Pembina Pipeline Corp.’s Western Pipeline System.
EU Plan to End Addiction to Russian Gas Faces Geopolitical Risks
By John Ainger Oil pumping jacks near Almetyevsk, Russia. Photographer: Bloomberg The European Union gave its strongest signal yet that it’s serious about ending five decades of reliance on Russian energy, but a challenging geopolitical environment may derail its plans. The European Commission, the bloc’s executive branch, unveiled a roadmap to finally switch off the …
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Simplifying Frac Operations with Natural Gas
Caterpillar’s Gas Mechanical System runs on 100% natural gas and combines two components that have logged millions of hours in the field.
Trump Says with Lower Oil Prices, Putin is More Eager to Settle the Ukraine War
Summary • Trump claims Russia, Ukraine want peace amid oil price drop • Putin proposes ceasefire for WWII victory anniversary • Trump doubts Russia’s involvement in Nord Stream attack (Reuters) – U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined …
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Oil Price Crucial for Russia, but National Interests Come First, Kremlin Says
Oil prices play a crucial role in Russia’s budget and the Russian economy overall, but Russian national interests take precedence above all else, Kremlin spokesman Dmitry Peskov said on Tuesday. Peskov was commenting on remarks by U.S. President Donald Trump, who suggested that President Vladimir Putin might be more inclined to resolve the conflict in …
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Woodside Targets Another 20%-30% Selldown of $17.5 Billion Louisiana LNG Project
Woodside Energy, Australia’s top natural gas producer, said on Tuesday it would seek to sell a further 20%-30% stake in Louisiana LNG, with interest growing in the $17.5 billion project since its final approval last week. Liz Westcott, chief operating officer for Australia, said the planned selldown of Woodside’s wholly owned holding company for the …
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Warren Buffett to Remain Berkshire Chairman but Shares Fall after Greg Abel Named CEO
Chairman after vice chairman Greg Abel takes over as CEO. Summary • Buffett’s decision to give up CEO job ‘a shocker’ • Buffett could serve as mentor, help in acquisitions • Stock price falls 5% though Abel’s ascension was expected (Reuters) – Warren Buffett will stay on as chairman of Berkshire Hathaway after Vice Chairman …
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