Shell Completes Acquisition of ConocoPhillips’ Interest in Ursa Platform
Shell Offshore and Shell Pipeline Co. agreed in February to buy the 15.96% stake from ConocoPhillips.
TotalEnergies, Equinor Growth Tied to Eagle Ford, Marcellus M&A
From Appalachia to South Texas, European energy firms are leveraging shale gas assets to secure future global supply.
TC Energy Expects Spate of New Project Announcements Later This Year
Canadian pipeline operator TC Energy is forecasting an uptick in capital project announcements later this year and into next, as coal-to-gas conversions and data center growth drive natural gas demand in North America.
Stonepeak, CHC Energy Storage Platform Wins Five Projects in Japan
The energy storage platform backed by Stonepeak and CHC won five BESS projects totaling 348 megawatts.
TotalEnergies, Oman Break Ground on LNG Plant
The Marsa facility will serve primarily as a fueling hub for ship traffic in the Gulf of Oman.
Tesla Chair Denies Reported CEO Search, Backs Elon Musk
Musk acknowledged during Tesla’s earnings call that there had been “some blowback” over his time leading DOGE Tesla Inc.’s chair denied a report that said board members started a search for a chief executive to succeed Elon Musk, saying directors are “highly confident” in his abilities. The Wall Street Journal reported late Wednesday that unidentified …
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BKV, Comstock Resources Partner for Haynesville CCUS Projects
As part of an agreement with BKV Corp., injection wells will be drilled to permanently sequester CO2 waste produced at two of Comstock’s natural gas processing facilities in the Haynesville Shale.
TC Energy’s Quarterly Profit Misses on Power Segment Weakness
Summary Power segment profit falls 30% on repairs at Bruce Power nuclear reactor TC Energy announces new gas and nuclear projects worth C$2.4 billion Company’s US-listed shares drop 4% May 1 (Reuters) – Canadian pipeline operator TC Energy on Thursday missed analysts’ estimates for first-quarter profit on weakness in its power and energy solutions business, while …
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Commonwealth LNG Asks FERC for Fast-Tracked Permit
A court sent Kimmeridge’s Commonwealth LNG permit back to the Federal Energy Regulatory Commission for adjustments in 2024.
Oil Drops on US Economic Contraction, Possible OPEC+ Supply Rise
Summary Saudi willing to sustain lower prices for longer: sources US economy contracts in first quarter US crude stockpiles fell by 2.7 million barrels last week LONDON, May 1 (Reuters) – Oil prices fell on Thursday, extending a steep decline the previous session due to signs that Saudi Arabia, the world’s largest crude exporter, could …
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