NOV CEO Sees ‘Even Playing Field’ with Global Tariff Battles
NOV Inc.’s CEO Clay Williams said he expects inflationary impacts and extended lead times as all global manufacturers simultaneously try “to rewire their supply chains.”
‘A Nightmare:’ It’s Easier to E&P in Turkey Than in New Mexico
“I’ve been in this business a long time and I’ve never seen anything like it,” Malone Mitchell III, chairman and CEO of international explorer TransAtlantic Petroleum, said in Oklahoma City about trying to operate in New Mexico.
Flotek Buys Power Generation Assets from ProFrac for $105MM
Flotek Industries Inc. said the assets include digitally enhanced mobile natural gas conditioning and distribution units to provide real-time gas monitoring and dual fuel optimization.
Three Killed, Two Injured at Port Arthur LNG Project
Three Bechtel workers died at Sempra Energy’s Port Arthur LNG construction site, and the company has halted work there until an investigation is completed.
Electric Utility Entergy Eyes Adding More Nuclear Power in U.S. South
By Laila Kearney NEW YORK, April 29 (Reuters) – U.S. electric utility Entergy (ETR.N) is looking to expand its nuclear power output by upgrading its existing plants across the U.S. South while it considers advanced nuclear technologies, company executives said on Tuesday. U.S. nuclear power, which is virtually carbon free, has been in high demand …
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Oil Prices Fall 2% to 2-Week Low as Trade War Concerns Dampen Demand Outlook
By Scott Disavino NEW YORK, April 29 (Reuters) – Oil prices fell about 2% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and worried U.S. President Donald Trump’s tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by $1.61, or 2.4%, to …
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SaaS Provider ESG Expands into Denmark with CUBS Acquisition
ESG’s platform helps energy companies manage customers, markets and assets.
Midstream Players Trim Fat from Ledgers, Enter Lean Bulk Era
The midstream sector’s capex growth outlook is strong with fewer, more muscular companies.
NextEra: US Power Demand Will Call for Extra 71 Bcf/d Equivalent
NextEra Energy expects that, of the total 450 GW of new electricity demand in the coming few years, 75 GW will be gas-fired—or some 12 Bcf/d. But turbines and skilled labor are needed.
From Source to Sink: Embracing the CCUS Learning Curve
A well-executed FEED phase is the foundation for carbon capture success, Worley says.