Enbridge CEO: Tariffs Not a Concern but Present Chance for Reform in Canada
Enbridge’s CEO Greg Ebel says the company doesn’t see a major effect on its business with such a “hard-wired” system.
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Energy Transition in Motion (Week of Feb. 14, 2025)
Here is a look at some of this week’s renewable energy news, including a geothermal drilling partnership.
Canada Tasks Ameresco to Build Solar Project at Military Base
The Government of Canada’s Department of National Defence has tasked Ameresco Inc. to build a solar energy project at the 5th Canadian Division Support Base Gagetown in Oromocto, New Brunswick.
Russia Seen Struggling to Reach its LNG Targets, Experts Say
(Reuters) – Exports of Russia’s liquefied natural gas (LNG) will likely not exceed 67 million metric tons by 2030, falling far short of its 100 million target due to international sanctions, experts said at an industry conference on Friday. Russia has focused on development of LNG, which could be delivered by sea tankers, as its …
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Oilfield Services Firm SLB Names New Chief Strategy, Performance Officer
(Reuters) – Oilfield services provider SLB has named new chief strategy and performance officers, according to a company memo seen by Reuters, the latest steps in a larger reorganization of its global structure. Aparna Raman has been appointed chief strategy and marketing officer, the memo said, effective March 1. Raman was most recently president of …
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Diamondback in Talks to Buy Double Eagle for More Than $5 billion, WSJ Reports
(Reuters) – Diamondback Energy is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. Last year, Reuters reported that Double Eagle was exploring a sale of its Permian Basin-based producer in a deal …
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Report: Diamondback in Talks to Buy Double Eagle IV for ~$5B
Diamondback Energy is reportedly in talks to potentially buy fellow Permian producer Double Eagle IV. A deal could be valued at over $5 billion.
Baker Hughes: US Drillers Add Oil and Gas Rigs for Third Week in a Row
U.S. energy firms added oil and natural gas rigs for a third week in a row for the first time since December 2023.
Dividends Declared Weeks of Feb. 3, Feb. 10
With 2024 year-end earnings season underway, here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
Sweeping US Energy Department Layoffs Hit Nuclear Security, Loans Office, Sources Say
The Trump administration has laid off about 1,200 to 2,000 workers at the Department of Energy.