By Shariq Khan NEW YORK, April 7 (Reuters) – The U.S. Energy Information Administration said on Monday it is delaying publication of the “Short-Term Energy Outlook” (STEO) report, amid a plunge in oil prices to near four-year lows over growing concerns of a global recession. The report, scheduled for Tuesday, April 8, will now be …
US EIA Delays Short-Term Outlook Report Amid Oil Market Downturn Read More »
Kinder Morgan’s Allen Fore, vice president of public affairs, delves into how the Trump administration’s initiatives to achieve energy dominance is a “game changer” for pipeline projects, in this Hart Energy Exclusive interview.
A court-appointed special master recommended a stalking horse bidder for the parent of Citgo Petroleum, which drew objections from Gold Reserve and other investors.
Poilievre also announces he will approve LNG Canada’s Phase II, plus at least 9 other projects that are waiting for the go-ahead. Terrace, BC – Conservative Leader Pierre Poilievre announced that he will create a new ‘One and Done’ rule for resource projects: a one-stop shop, with one simple application and one environmental review. Poilievre also announced …
Securities analysts expect some M&A may be coming from the growing oil and wet-gas results in eastern Ohio, they report, including by newly public Infinity Natural Resources.
Elk Range Royalties closed on a $905 million purchase of Occidental’s assets in the Denver-Julesburg Basin in March— a once-in-a-lifetime purchase, CEO Charlie Shufeldt told Hart Energy.
Here’s a roundup of the latest E&P headlines, from BP’s startup of gas production in Trinidad and Tobago to a report on methane intensity in the Permian Basin.
Occidental Petroleum has secured permits from the Environmental Protection Agency to store CO2 at its Stratos DAC facility. Located in Texas, Stratos is designed to capture and store up to 500,000 metric tons of CO2 annually, Oxy says.
(Reuters) – Major stock indexes fell again in volatile trading on Monday as U.S. President Donald Trump said he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States, while the dollar and bond yields rose. Also, the White House denied a report that Trump …
Stocks Selloff Goes On; Trump Warns of More China Tariffs if it Doesn’t Back Off Read More »
By Elizabeth Hampton (Reuters) – Hello Power Up readers! Markets are continuing to spiral downward as U.S. President Donald Trump’s trade war stokes growing concerns of a recession. The S&P 500 extended its fall, nearing bear territory, and Goldman Sachs on Monday forecast a 45% chance of a recession in the United States next month. …
