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Canada’s Cenovus Energy Profit Falls on Refining Weakness, Lower Oil Prices

CDN and International News, Conventional Energy, Latest, Oil / By

Cenovus Energy’s Q4 profit falls due to lower prices, weak refining margins Cenovus’ U.S. refining revenues drop amid required turnaround work Canadian energy sector faces uncertainty with U.S. tariffs on imports Feb 20 (Reuters) – Canadian oil and gas producer Cenovus Energy (CVE.TO) anticipates a return this spring to more normal market conditions in the …

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LNG Exporter Cheniere Looking to Expand Under Trump, CEO Says

Conventional Energy, Latest, LNG, US News / By

Cheniere wants to take advantage of Trump’s support for LNG Expects to produce up to 90 MTPA of superchilled gas Company’s profits in 2024 fell due to lower LNG prices Feb 20 (Reuters) – U.S. liquefied natural gas exporter Cheniere Energy (LNG.N) plans to aggressively pursue new regulatory permits to expand capacity now that U.S. …

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Key Takeaways From Trump-Putin Talks: Ukraine, Energy, NATO, Sanctions

Latest, US News / By

Russia and the United States have had their first meeting since the start of the Ukraine war, aimed at restoring relations and preparing the ground for ending the conflict. What is known so far about what was discussed? UKRAINE WAR U.S. President Donald Trump says he wants to quickly end the war. President Vladimir Putin …

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US Crude Stockpiles Rise, Fuel Draws Down Amid Refinery Maintenances, EIA Says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week as seasonal maintenance at refineries led to lower processing, the Energy Information Administration said on Thursday. Crude inventories rose by 4.6 million barrels to 432.5 million barrels in the week ended February 14, the EIA said, compared with analysts’ expectations …

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Sentinel Midstream Eyes Final Investment Decision for US Oil Export Project

Conventional Energy, Latest, Oil, US News / By

(Reuters) – Oil transportation and storage company Sentinel Midstream expects to make a final investment decision on its deepwater oil export project off the Texas coast as soon as it receives a U.S. government license, CEO Jeff Ballard told Reuters. The move comes as U.S. President Donald Trump pushes for faster approvals of projects that …

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Diamondback Energy, Inc. Announces Leadership Transition Plan and Additional Updates to Executive Team and Board of Directors

Latest, Press Releases / By

Travis D. Stice to step down as Chief Executive Officer, effective as of the Company’s 2025 Annual Meeting of Stockholders; will remain as Executive Chairman through the Company’s 2026 Annual Meeting of Stockholders Kaes Van’t Hof, current President, will assume Chief Executive Officer role and will join the Board of Directors effective as of the …

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