By Shariq Khan Oil down 8% this week in steepest weekly decline since March OPEC+ moves up meeting to discuss June output plan to May 3 Group to decide whether to accelerate or slow supply hikes Signs of trade-war de-escalation help check oil’s decline NEW YORK, May 2 (Reuters) – Oil prices fell over 1% …
Oil Posts Biggest Weekly Loss in a Month Ahead of OPEC+ Meeting Read More »
NXT Energy Solutions, in partnership with Synergy Exploration and Production, said it expects to begin acquiring data in the third quarter.
Shell has been persistently linked to a bid for its smaller rival BP as the latter lost more than 30% of its value in the past 12 months, the Financial Times reported.
Archrock acquired NGCS’ compression business, which includes approximately 351,000 hp— 71% of which operates in the Permian Basin.
Chevron Corp. beat earnings expectations and the oil giant said it’s prepared for the cyclical changes in the market.
Arevon Energy is developing the 430-megawatt Kelso 1 and 2 solar projects, with the first phase anticipated to achieve commercial operations by year-end 2025.
Here is a look at some of this week’s renewable energy news, including a solar power deal backed by Meta Platforms.
Baker Hughes said oil rigs fell by four to 479 this week, while gas rigs rose by two to 101.
Refineries will recover more butane while making gasoline thus raising available inventory by 3.5%, an analyst says.
By Kanupriya Kapoor and Kari Lundgren Equinor ASA agreed to sell its 60% stake in the Peregrino oil and gas project off the Brazilian coast to PRIO SA for $3.5 billion, as the Norwegian energy explorer seeks to streamline international operations. Rio de Janeiro-based PRIO gained. Brazilian firm Prio Tigris Ltda., a subsidiary of PRIO …
Norway’s Equinor Offloads Stake in Brazilian Oil Field for $3.5 Billion Read More »
