All the IRA “tax credits” are subsidies for inferior, often totally unprofitable forms of energy. By Alex Epstein Congress’s new budget should eliminate all IRA “tax credits” because: They are subsidies They promote inferior energy They raise energy costs They make energy unreliable They increase our debt They make our economy less productive They don’t …
With a sovereign risk insurance in place, a president cancelling a permit “would have to say ‘We’re canceling this thing by fiat, but you get your money back that you’ve invested,” Interior Secretary Doug Burgum told energy industry members in Oklahoma City.
Haynesville Shale’s largest gas producers are displaying restraint with a $4/Mcf forward curve. “That’s really unusual,” said Expand Energy CEO Nick Dell’Osso.
The World Bank’s steering committee on Friday endorsed the lender’s plans to explore options to expand energy access, including potential financing for nuclear energy, in a move in line with directives to broaden energy financing by U.S. President Donald Trump’s administration. A statement from the World Bank and International Monetary Fund joint Development Committee called …
World Bank Energy Financing Expansion Endorsed by Development Committee Read More »
Amplify Energy terminated an acquisition of oil-weighted assets in the Powder River and Denver-Julesburg basins from Juniper Capital after Amplify’s stock fell 58% since the deal was announced.
SLB Ltd. says customers are likely to behave cautiously amid global trade concerns this year, but the future looks brighter in the long term.
With first-quarter 2025 earnings underway, here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
Here is a look at some of this week’s renewable energy news, including new technology intendent to help strengthen the U.S. battery materials supply chain.
Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.
The oil and gas rig count rose by two to 587 in the week to April 25. Despite this week’s rig increase, Baker Hughes said the total count was still down 26, or 4% below this time last year.
