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U.S. oil refiners are expected to have about 260,000 barrels per day (bpd) of capacity offline in the week ending July 12, decreasing available refining capacity by 151,000 bpd, research company IIR Energy said on Monday. Offline capacity is expected to remain unchanged at 260,000 bpd in the week ending July 19, IIR added. The …
U.S. Oil Refiners’ Weekly Capacity Seen Down 151,000 Bpd, IIR Says Read More »
OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) — Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion of stock to the sellers. The transaction …
North Dakota governor with energy expertise is a VP contender Strategists say his charm and rural roots could lure moderates Donald Trump and Doug Burgum in Las Vegas.Photographer: Ian Maule/Bloomberg About this time last year, voters didn’t know the name Doug Burgum. Just to get on a debate stage with other Republican presidential primary contenders, he …
North Dakota Governor With Energy Expertise Emerges as Trump VP Contender Read More »
(Reuters) – Over 300,000 homes and businesses in Texas were without power on Monday as Category 1 hurricane Beryl made landfall, according to data from PowerOutage.us. Hurricane Beryl made landfall near Matagorda, Texas, but was forecast to weaken later on Monday and Tuesday as it moves inland. CenterPoint Energy, which supplies nearly 2.6 million customers, …
More Than 300,000 Homes Without Power in Texas Due to Hurricane Beryl Read More »
Tropical Storm Beryl is expected to have little impact on U.S. offshore oil and gas production, energy companies said on Friday while evacuating personnel from some facilities out of caution. Beryl was downgraded from a hurricane and shifted over Mexico’s Yucatan Peninsula with maximum sustained winds dipping to 70 mph (113 kph), the U.S. National …
Tropical Storm Beryl to Have Little Impact on U.S. Offshore Oil Output Read More »
Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/File Photo By John Kemp (Reuters) – China’s record-breaking deployment of wind and solar capacity has worsened regional power imbalances, forcing the country to idle increasing amounts of renewable generation when it overwhelms local consumption. New government regulations aim …
China’s Rapid Renewables Rollout Hits Grid Limits Read More »
Gaining a foothold in the refining industry gives traders more options when deciding where to send certain oil grades Bloomberg News Commodities traders flush with cash are buying oil refineries that energy majors are increasingly turning their back on. It’s one of the areas where trading houses — who have long coveted the refining and distribution assets …
Energy Traders are Snapping Up Refineries Away From Big Oil Read More »
CALGARY — A wildfire burning out of control in northern Alberta on Thursday prompted Suncor Energy Inc. to withdraw all non-essential workers from its Firebag oilsands site. The company, Canada’s second-largest oilsands producer by volume, confirmed T…
Ruling is latest in battle concerning Louisiana Energy Gateway Energy Transfer owns key stretch of lines in Texas, Louisiana Energy Transfer LP can’t stop Williams Cos. from building a natural gas pipeline across the path of the company’s own conduit in Louisiana, a district court in the state ruled. The by the 42nd Judicial District Court of DeSoto Parish …
Williams Can Cross Path of Energy Transfer Gas Pipeline, Court Rules Read More »
Company has received multiple takeover offers in recent years It has operations in Australia, Papua New Guinea, Alaska Saudi Aramco and Abu Dhabi National Oil Co. have been separately studying potential bids for Santos Ltd., people with knowledge of the matter said, becoming the latest companies to show an interest in the Australian producer’s liquefied natural gas assets. The …
Aramco and Adnoc Are Considering Bids for Gas Producer Santos Read More »
