Tangled Up in Blue: Few Developers Take FID on Hydrogen Projects
SLB, Linde and Energy Impact Partners discuss hydrogen’s future and the role natural gas will play in producing it.
BofA Hikes 2024 Oil Forecasts on Tighter Supply, Geopolitical Risks
Bank of America (BofA) Global Research has raised its 2024 Brent and WTI oil price forecasts, citing escalating geopolitical tensions and the OPEC+ producer group maintaining supply curbs. The bank now expects Brent and WTI crude prices this year to average $86 and $81 per barrel respectively, with prices of both peaking around $95 per …
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U.S. Natural Gas Demand for LNG Falls as Cheniere Reduces Output
There was a significant decline on Tuesday in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy’s Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana, according to data from financial firm LSEG. Cheniere is the largest U.S. producer and the world’s second …
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After Challenging Year, Which Way Will Offshore Wind Blow?
Following a year of negative headlines with some of the industry’s biggest players booking billion-dollar impairments and backing out of wind projects, this year appears to be going smoother.
Baker Hughes to Supply Snam with Hydrogen-Ready Technology to Support Decarbonization and Resilience of the Italian Gas Network
Baker Hughes will supply Snam, a leading European energy infrastructure company, with three turbocompressors driven by NovaLT™12 gas turbine technology, offering fuel flexibility of up to 10% hydrogen blend with natural gas Award marks another significant milestone in the decarbonization of Italy’s gas network infrastructure and builds on the long-standing collaboration between the two companies …
TC Energy appoints Sean O’Donnell as Executive Vice-President and Chief Financial Officer
Joel Hunter, Executive Vice-President and Chief Financial Officer, to depart TC Energy after over 26 years with the company CALGARY, Alberta, April 03, 2024 (GLOBE NEWSWIRE) — – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that the Board of Directors has appointed Sean O’Donnell, currently Senior …
COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZE AND PRICING OF $400.0 MILLION OFFERING OF SENIOR NOTES DUE 2029
FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) (“Comstock” or the “Company”) announced today the pricing of its private placement of new 6.75% senior unsecured notes due 2029 in the aggregate amount of $400.0 million, which was increased from the originally proposed $375.0 million (the “Notes”). The Notes will be issued …
LLOG Exploration Discusses Recent Accomplishments and Provides Operational Update for 2024
COVINGTON, La., April 02, 2024 (GLOBE NEWSWIRE) — LLOG Exploration Company, L.L.C. (“LLOG” or “the Company”), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (“GOM”), today provided an operational update. Company Highlights: Increased gross operated production at the end of February 2024 to over 110 thousand barrels of oil equivalent …
SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction
Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologies Combined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimization ChampionX shareholders to receive 0.735 SLB shares for each share of ChampionX Annual pre-tax synergies to …
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OPEC+ Unlikely to Change Output Policy at Panel Meeting
Summary OPEC+ JMMC meets on Wednesday at 1100 GMT Producers earlier agreed to extend output cuts Oil rallies to $89 a barrel, highest this year LONDON, April 3 (Reuters) – An OPEC+ ministerial panel is unlikely to recommend any oil output policy changes at a meeting later on Wednesday, three OPEC+ sources told Reuters, following …
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