By Sheila Dang Arbitration tribunal under ICC to analyze dispute in confidential hearing in London Chevron acquisition of Hess hangs in the balance Resolution expected by end of third quarter, faster than typical ICC arbitration HOUSTON, May 23 (Reuters) – Top U.S. oil producer Exxon Mobil (XOM.N) and Hess (HES.N) will meet face-to-face on Monday …
Exxon, Hess to Face Off Over Chevron Deal for Oilfield Riches Read More »
Shares of nuclear power companies surged after U.S. President Donald Trump signed executive orders seeking to cut down on industry regulations and fast-track new licenses for reactors and power plants.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row, bringing the count to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future …
U.S. natural gas futures climbed about 2% on Friday ahead of the long U.S. Memorial Day holiday weekend on a drop in output so far this month and forecasts for hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air conditioners humming. Gas futures for June delivery on …
US Natgas Prices Climb 2% on Lower Output, Hot Summer Forecasts Read More »
Here is a look at some of this week’s renewable energy news, including the world’s first flow battery power system for gas operations.
Energy Transfer Co-CEO Mackie McCrea tells the story behind one of the first deals to supply natural gas to a data center.
Here is a compilation of dividends declared from select upstream, midstream and service and supply companies for the week of May 19.
Oil gains on short-covering, nuclear talks Summary Higher tariffs could hit oil demand growth, analysts say Brent and WTI down more than 2% this week Market braces for another OPEC+ output increase in July (Reuters) – Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid worries …
Ending the Week – Oil Gains on Short-Covering, Nuclear Talks Read More »
Calgary, Alberta-based Vermilion Energy Inc. is selling Saskatchewan and Manitoba assets in Canada for CA$415 million (~US$302 million).
This week has been the first time since September 2024 that drillers have reduced the number of rigs four weeks in a row.
