(The opinions expressed here are those of the author, a columnist for Reuters.) *Europe relies heavily on natural gas imports *Surge in LNG production to keep global prices low in coming years *Government reserves would act as critical buffer in case of supply disruption By Ron Bousso April 22 – European governments may have a …
Europe Can Ride LNG Wave to Build Strategic Gas Reserves: Bousso Read More »
HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base production performance, midstream commercial terms and corporate costs Expected to be completed by the end of 2026, with 30 percent achieved by year-end 2025 OKLAHOMA CITY, April 22, 2025 …
Devon Energy Unveils Value Enhancing Business Optimization Plan Read More »
Saudi Arabia’s crude exports in February rose to 6.547 million barrels per day (bpd) from 6.073 million bpd in January, official data showed on Tuesday. The world’s largest oil exporter’s crude output for February was at 8.947 million bpd, up from 8.917 mln bpd in January. Saudi refineries’ crude throughput was at 2.621 million …
Saudi Arabia Crude Oil Exports Rise to 6.547 Mln Bpd in February Read More »
(Reuters) – Increasing purchases of U.S. natural gas and oil is a focus of Taiwan’s tariff talks with the United States, President Lai Ching-te said on Tuesday. Lai has pledged to seek a zero tariff regime with the United States and buy more from and invest more in the country, as he seeks to head …
Taiwan Says Buying More US Gas, Oil is a Focus in Tariff Talks Read More »
Here’s a roundup of the latest E&P headlines, from new LNG production offshore Africa to new seismic maps offshore Mauritania.
Guardrails in place allow banks to support energy businesses through all economic cycles, says Zachary Leard, vice president for the energy group at UMB Bank.
By Stephanie Kelly Concerns about US tariff effects pressure oil prices US, Iran begin drawing up framework for nuclear deal Markets eye April PMI data this week NEW YORK, April 21 (Reuters) – Oil prices fell more than 2% on Monday on signs of progress in talks between the U.S. and Iran, while investors remained …
Oil Falls Over 2% On Signs of Progress in US-Iran Talks, Demand Fears Read More »
Aris Water Solutions CEO Amanda Brock rings the alarm bell on the Permian’s water takeaway and recycling challenges and how they can be solved.
By Jorge Valero and Ewa Krukowska The European Union’s imminent release of a road map for phasing out Russian fossil fuel purchases will signal to companies that they should source more liquefied natural gas from the US, according to European Council President Antonio Costa. The 27-nations bloc is scheduled to unveil its plan for winding …
EU’s Costa Says Russian LNG Phase-Out Makes Room for US Supplies Read More »
By Elizabeth Elkin Richard KinderPhotographer: Aaron M. Sprecher/Bloomberg Kinder Morgan Inc. billionaire co-founder Rich Kinder has shrugged off concerns in the US natural gas industry over the impact of tariffs on exports, and that demand forecasts related to artificial intelligence may be too optimistic. Kinder said his company still sees a surge demand from AI …
Gas Pipeline Billionaire Kinder Dismisses Tariff, AI Concerns Read More »
