White House forms panel to aid construction, prevent delays Construction of the power plants has been hit by cost overruns The White House is throwing its weight behind building large-scale nuclear reactors to help mitigate industry risk associated with the construction of power plants that can cost tens of billions of dollars. During a White …
New Big Nuclear Reactors Get Support From Biden Administration Read More »
Opponents say lawsuit is attempt to silence dissenting voices Investors vote with board on all proposals at virtual meeting Exxon Mobil Corp. pledged to be a “forceful advocate” for shareholder rights as it confronts activist investors that the oil giant accuses of abusing the US proxy voting system. Chief Executive Officer Darren Woods vowed to “safeguard” annual meetings …
Exxon Vows to Be ‘Forceful Advocate’ for Shareholder Democracy Read More »
While Texas leads the U.S. in energy production, providing nearly one-fourth of the country’s domestically produced energy, is truly an all-of-the-above energy state as solar, wind and other renewable sources are rising within the energy matrix.
Anschutz Exploration Corp. has retained EnergyNet for the sale of a Niobrara Shale opportunity in Campbell County, Wyoming.
Mexico plans to resume oil shipments to Cuba after a three-month pause, shipping data showed on Wednesday, a move that could help ease power outages and worsening fuel scarcity on the island. Cuba desperately needs the fuel. Blackouts that were occasional on the communist-run island have become routine in recent months as the country struggles …
Mexico to Resume Oil Exports to Cuba After 3-Month Pause Read More »
DLH Capital has retained EnergyNet for the sale of a four well package STACK opportunity in Caddo and Dewey counties, Oklahoma.
Chevron shareholders on Wednesday voted to re-elect all 12 sitting directors to its board, in a sign of support for the oil major. CEO Michael Wirth said the company was moving ahead on the U.S. Federal Trade Commission’s review of its proposed buyout of oil producer Hess Corp in the coming weeks, and was confident …
Chevron Shareholders Re-elect All Directors, CEO Confident on Hess Deal Read More »
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Robert Cyran NEW YORK, May 29 (Reuters Breakingviews) – While rivals are going big and risky, ConocoPhillips is taking a cheerful boogie board ride on oil’s merger wave. The $139 billion oil driller said on Wednesday that it has agreed to buy rival Marathon …
U.S. utilities likely added a smaller-than-usual 78 billion cubic feet (bcf) of natural gas into storage last week as low gas prices earlier this year caused drillers to cut output, a Reuters poll showed on Wednesday. That compares with an injection of 106 bcf during the same week a year ago and a five-year (2019-2023) …
U.S. Natgas Stockpiles Seen up 78 Bcf in Week Ended May 24 Read More »
Prolific oil and gas developer Double Eagle is exploring a sale of its latest Permian Basin-based producer in a deal that could be worth more than $6.5 billion, including debt, according to people familiar with the matter. The Double Eagle team is expected to launch a sale process for the producer in the second half …
Double Eagle Explores $6.5 Billion Sale of Shale Oil Producer, Sources Say Read More »
