CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
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Solar Sector Awaits Feds’ Next Move on Tariffs
A group of solar manufacturers want the U.S. to impose tariffs to ensure panels and modules imported from four Southeast Asian countries are priced at fair market value.
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
The final phase of Chevron’s project will produce about 260,000 bbl/d.
ProPetro Ups Share Repurchases by $100MM
ProPetro Holding Corp. is increasing its share repurchase program to a total of $200 million of common shares.
U.S. Natgas Prices Ease on Larger-Than-Expected Storage Injection
U.S. natural gas futures eased on Thursday, having hit their lowest in a month earlier in the session, as the federal data showing a bigger-than-expected storage build last week added pressure to the market. Front-month gas futures for May delivery on the New York Mercantile Exchange traded 1.9 cents lower, or 1.1%, to $1.63 per …
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Segrist: The LNG Pause and a Big, Dumb Question
In trying to understand the White House’s decision to pause LNG export permits and wondering if it’s just a red herring, one big, dumb question must be asked.
Baker Hughes Hikes Quarterly Dividend
Baker Hughes Co. increased its quarterly dividend by 11% year-over-year.
Weatherford M&A Efforts Focused on Integration, Not Scale
Services company Weatherford International executives are focused on making deals that, regardless of size or scale, can be integrated into the business, President and CEO Girish Saligram said.
Deep Well Services, CNX Launch JV AutoSep Technologies
AutoSep Technologies, a joint venture between Deep Well Services and CNX Resources, will provide automated conventional flowback operations to the oil and gas industry.
Enterprise’s SPOT Deepwater Port Struggles for Customers
Years of regulatory delays, a loss of commercial backers and slowing U.S. shale production has Enterprise Products Partners’ Sea Port Oil Terminal and rival projects without secured customers, energy industry executives say.