By Shadia Nasralla April 22 (Reuters) – Activist investor Elliott Management has urged BP (BP.L) to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost reductions, a source familiar with the situation said on Tuesday. Elliott has increased its stake in BP …
Elliott Wants BP to Boost Free Cash Flow to $20 Billion by 2027, Source Says Read More »
By Ruth Liao Liquefied natural gas traders can make a better profit from selling US LNG cargoes in Asia than offering the fuel in Europe, an opportunity that opened up for the first time in seven months, according to data from analytics firm Spark Commodities. The US-to-Asia arbitrage window emerged following a series of production …
US LNG Headed to Asia Fetches More Than Cargoes to Europe for First Time in 7 Months Read More »
LNG company Venture Global will use the proceeds primarily on its Plaquemines facility.
As part of EXIM’s Make More in America initiative, the financing consideration for project costs would include a repayment term of 12 years, according to a news release.
The National Labor Relations Board has accepted a petition from an Energy Transfer driver based in Texas.
Standard Solar purchased five solar projects in a 39-MW portfolio from New Leaf Energy.
The oil and gas industry is bracing for the near-term impacts of Trump’s tariffs as oil prices fall, steel prices rise and M&A slams on the brakes.
Smackover Lithium, a joint venture between Standard Lithium and Equinor, aims to produce battery-grade lithium carbonate from lithium-rich brine in the Smackover Formation in Arkansas.
U.S. shale gas investor Wincoram Asset Management was acquired by Stone Ridge Energy, the companies said April 22.
Chevron Corp. has partnered with drone maker and operator Percepto to get a better look at its operations in two U.S. basins.
