Venture Global LNG’s Calcasieu Pass 2 Gets FERC Go-Ahead
The Federal Energy Regulatory Commission submitted a newly reviewed environmental impact statement approving Venture Global’s stalled Calcasieu Pass 2 project.
US, Russia Explore Ways to Restore Russian Gas Flows to Europe, Sources Say
(Reuters) – With a frost covering Europe’s energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent, eight sources familiar with the talks have told Reuters. Europe slashed its imports of Russian gas following Moscow’s invasion of Ukraine in 2022, a …
US, Russia Explore Ways to Restore Russian Gas Flows to Europe, Sources Say Read More »
Nord Stream 2 Agrees to Debt Restructuring Deal, Court Says
(Reuters) – A court in Switzerland said on Friday that Nord Stream 2, part of Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors. The court had set a of May 9 for Switzerland-based Nord Stream 2 to both restructure its debts and pay back small-scale creditors. The court had said …
Nord Stream 2 Agrees to Debt Restructuring Deal, Court Says Read More »
Enbridge Beats Q1 Profit Estimates on Mainline and Gas Distribution Growth
(Reuters) – Enbridge surpassed market estimates for first-quarter profit on Friday, driven by higher earnings from its Mainline system and gas distribution unit, and said that U.S. tariffs were not expected to materially impact its current operations. Canada is the leading supplier of imported oil to the United States, delivering about 4 million barrels per …
Enbridge Beats Q1 Profit Estimates on Mainline and Gas Distribution Growth Read More »
Oil Set for Weekly Gain Ahead of US-China Trade Talks
Summary • All eyes on May 10 US-China talks in Switzerland • OPEC April oil output edged lower, Reuters survey finds • China’s April exports exceed expectations (Reuters) – Oil prices rose more than 1% on Friday, poised for a weekly gain as trade tensions between top oil consumers China and the United States showed …
Oil Set for Weekly Gain Ahead of US-China Trade Talks Read More »
BKV, CIP Enter CCUS Joint Venture with $500MM Investment
The joint venture between BKV and Copenhagen Infrastructure Partners comes after BKV entered an agreement on May 1 with Comstock Resources for CCUS projects in the Haynesville Shale.
Texas Oil Drilling Applications Hit 4-Year Low as Producers Weigh OPEC+ Hike, Trade War
(Reuters) – Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since February 2021, consultancy Enverus said, amid concerns that rising OPEC+ supplies and a trade war will continue to hit crude prices. Operators in Texas submitted 570 new drilling permit applications in April, down …
Texas Oil Drilling Applications Hit 4-Year Low as Producers Weigh OPEC+ Hike, Trade War Read More »
Money Talks: BOK Financial on Bid-Ask Spread Challenges to M&A
Commodity price volatility is making it difficult to close the bid-ask spread between buyers and sellers, BOK Financial’s Cristina Stellar tells Hart Energy.
Trump Pick for EIA Administrator Advances to Full Senate
If confirmed, fossil fuel advocate Tristan Abbey would oversee the Energy Information Administration, which will not release its International Energy Outlook in 2025 due to workforce reductions.
Valaris Sells Jackup Offshore Australia to BW Energy for $108MM
Valaris Ltd. is selling its jackup VALARIS 247 to BW Energy for approximately $108 million.