What’s Next for the US as an Apex Hydrocarbon Producer?
Expect more company integration and more investor attention to data centers and LNG terminals in the U.S. hydrocarbon space, says East Daley Analytics.
Freeport LNG Export Plant in Texas On Track to Exit Outage, LSEG Data Shows
In a report to Texas environmental regulators late on May 6, Freeport said the three liquefaction trains at the export plant shut that morning due to an incoming power feed interruption.
Williams Leans into Power Supply Growth with Ohio Gas-Fired Project
Williams Cos. has fully contracted its Socrates project, a two-site, gas-fired power generating development in Ohio, and plans more for the future.
Jury Sides with Marathon in $123.7MM Force Majeure Case
Koch Energy Services filed the lawsuit against Marathon Oil for a supply failure during Winter Storm Uri.
NextEra Energy Resources CEO Talks Electrification Strategy, Growth
With data centers, manufacturing and electrification driving energy demand growth, the company looks to meet energy needs with renewables, batteries, natural gas and nuclear energy.
WIND WARNING: Orsted Cancels Major UK Wind Project as Economics Worsen
Summary • CEO blames higher costs, interest rates and execution risks • Q1 core profit above forecasts • British government hopes to revive the project (Reuters) – Orsted will no longer build a major offshore wind farm in Britain, it said on Wednesday, citing a deteriorating global business environment for renewables and dealing a blow …
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Oil Rises as Market Eyes US-China Trade Talks, Lower US Output
Summary • U.S.-China to meet over the weekend • U.S. crude stocks seen falling 800,000 barrels in EIA report • API showed U.S. crude, gasoline stocks fell, sources say LONDON, May 7 (Reuters) – Oil prices pared gains on Wednesday but rose for a second session, finding support from positive investor sentiment over U.S.-China trade …
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EOG Resources Cuts $200MM in Oily Capex on Tariff, OPEC+ Uncertainty
EOG Resources’ spending cuts will result in 80 fewer net completions and three fewer rigs, year-over-year, in the Eagle Ford and Delaware and Powder River basins.
US Natgas Prices Fall on Market Talk That Freeport LNG Export Plant in Texas Shut
(Reuters) – U.S. natural gas futures prices declined on Tuesday on market talk that U.S. liquefied natural gas company Freeport LNG’s export plant in Texas is shut. Officials at Freeport declined to comment. Freeport is one of the most closely watched LNG export plants in the world because the start and stop of its operations …
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Ovintiv Reports First Quarter 2025 Financial and Operating Results
Continued Maintenance Investment to Drive Free Cash Flow; High-Graded Portfolio Bolsters Financial Resiliency Highlights: Generated cash from operating activities of $873 million, Non-GAAP Cash Flow of $1,004 million and Non-GAAP Free Cash Flow of $387 million after capital expenditures of $617 million First quarter oil and condensate production was above the guidance range at 206 thousand barrels per day (“Mbbls/d”) Average …
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