The Federal Trade Commission asked Chesapeake and Southwestern for more information about their $7.4 billion merger — triggering an automatic 30-day waiting period as the agency intensifies scrutiny of E&P deals.
The oil and gas rig count, an early indicator of future output, fell by one to 620 in the week to April 5, the lowest since early February.
By Irina Slav More From Irina Slav When I was a child, I was extremely shy. This, of course, made me a natural target for bullies at kindergarten. I didn’t have it as bad as others because I tried, and succeeded, to be as invisible as possible but from my current point of view I …
EDF’s MethaneSAT satellite is the first devoted exclusively to methane and it is targeting the oil and gas space.
(Reuters Breakingviews) – Abu Dhabi is flipping the script. In recent years, the United Arab Emirates’ leading light has blazed a trail by offloading minority stakes in subsidiaries of the Abu Dhabi National Oil Company (ADNOC). Wednesday’s acquisition of KKR and BlackRock’s 40% stake in ADNOC’s oil pipelines, by domestic investment fund Lunate, goes in …
UAE Flips Own Script with $4 Bln Oil Pipeline Deal Read More »
The following is an update to the first quarter 2024 outlook and gives an overview of our current expectations for the first quarter. Outlooks presented may vary from the actual first quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on May 2, 2024. Unless otherwise indicated, …
Canadian energy company Enbridge’s Texas Eastern Transmission subsidiary received approval on Thursday from U.S. energy regulators to commence service of a natural gas pipeline associated with its Venice extension project in Louisiana. The Venice extension was designed to supply gas to Venture Global LNG’s Plaquemines liquefied natural gas (LNG) export plant in Louisiana, which is …
Enbridge Wins Approval to Commence Service on Louisiana Venice Natgas Pipe Project Read More »
U.S. manufacturers have finally pulled out of the long, shallow slump that started in the middle of 2022, which will support petroleum consumption especially for diesel and other middle distillates in the months ahead. The Institute for Supply Management’s purchasing managers index for the manufacturing sector climbed to 50.3 in March (34th percentile for all …
U.S. Manufacturers Emerge From Slump, Set to Boost Fuel Use: Kemp Read More »
The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin’s core, following a historic consolidation trend.
GE Vernova, an energy transition company, began trading as an independent company on the New York Stock Exchange this week.
