Shell CEO Wael Sawan says the company will continue to look for potential acquisitions, but warns of the risks of pursuing a major deal. Summary by Bloomberg AI Sawan expects smaller-scale, bolt-on acquisitions centered around upstream production, and says the company is always looking at dealmaking prospects in Europe and beyond. Summary by Bloomberg AI …
Shell CEO Says Pursuing Major Deal Risks Being a Distraction Read More »
Mizuho cuts EOG Resources to “neutral” from “outperform”, PT by $8 to $140, still a 9.2% upside to last close Says a key concerns is depth and quality of EOG’s remaining shale inventory, esp in oil-focused basins like Delaware, Eagle Ford Adds cash margins per barrel seems to be declining due to higher cash taxes, …
Mizuho Cuts EOG Resources to ‘Neutral’ on Inventory, Margin Worries Read More »
U.S. power producers emitted over 304 million metric tons of carbon dioxide (CO2) from power generation over the first two months of 2025, which was the highest for that period since 2019, according to data from energy think tank Ember. The emissions tally marked a 9% rise from the same period last year and was …
US Power Firms Lift Coal Pollution to Protect Profits So Far in 2025 Read More »
Mexican state energy company Pemex is actively looking to diversify its market for both motor fuel imports and crude oil exports, the head of its international trading unit PMI said on Tuesday. “If new opportunities in other markets open, we’ll pursue them and are pursuing them,” PMI Chief Executive Officer Margarita Perez said during a …
Mexico’s Pemex Looks to Diversify Market Amid Trump Tariff Threats Read More »
Ironwood Midstream has launched its third iteration after having sold assets to Plains All American in January.
Horizon Oil Ltd. is paying $30 million for the 75% stake in Exxon Mobil Exploration and Production Khorat Inc., plus an additional $7.5 million in contingency payments.
The Johan Sverdrup field, which originally began production in 2019, is one of the largest developments in the Norwegian North Sea.
With tariffs discussions creating uncertainty in the energy sector, Luca Zanotti, Tenaris’ U.S. president, said he sees minimal impact with tariffs on oil country tubular goods, in this Hart Energy Exclusive interview.
Elliott Investment Management has asked a court to order Phillips 66 to require four board seats to stand for election at its annual shareholder meeting.
Shell’s CEO says he expects an update to the company’s ongoing arbitration with Venture Global.
