Presidential impact on energy prices is largely about perception, although LNG permitting, production incentives and the Inflation Reduction Act will be influenced depending on who is in the White House.
Phillips 66 said on Oct. 16 it plans to stop operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet consumer demand.
The refinancing comes at the heels of Diamondback and Kinetik Holdings acquiring stake in EPIC’s 800-mile crude pipeline, which runs from the Permian Basin to the Gulf Coast.
U.S. LNG projects ranging from Plaquemines LNG Phase 1 to Corpus Christi Stage 3 are set to account for around three-quarters of the global incremental supply coming online in 2025, according to the Paris-based International Energy Agency (IEA).
Amazon on Wednesday said that it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence. The plans come as the owner of the shuttered Three Mile Island nuclear …
Amazon, Google Make Dueling Nuclear Investments to Power Data Centers with Clean Energy Read More »
BP Exploration & Production Inc. retained Indigo Energy Advisors for an offshore overriding royalty interest acquisition opportunity in the Gulf of Mexico and Louisiana.
Upstream M&A activity fell sharply in the third quarter as public consolidation slowed and Permian Basin targets dwindled, according to Enverus Intelligence Research.
Woodside CEO Meg O’Neill addressed the October death of a worker at the Beaumont, Texas, ammonia project purchased from OCI NV, saying the company’s top priority is safety.
Infrastructure service company Flowserve Corp. has completed its acquisition of MOGAS Industries for $305 million.
Phillips 66 Ltd. is selling its 49% non-operated equity interest in Switzerland’s Coop Mineraloel, an operator of retail sites and petrol stations.
