Weak crude prices have eroded the incentive to drill for more oil, but LNG is a different story. A Venture Global Inc. LNG export facility in Louisiana, with founders Mike Sabel and Bob Pender, Energy Secretary Chris Wright, Louisiana Governor Jeff Landry and Interior Secretary Doug Burgum. Photographer: Bloomberg By Kevin Crowley Welcome to our …
Trump’s Fossil Fuel Ambitions Rest on Natural Gas Read More »
By John Stepek Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. An under-rated geopolitical revolution Here’s a point that I never tire of making. If you’re a long-suffering reader, you may …
Alberta Premier Danielle Smith said on Monday that the Canadian province would continue to supply crude oil to the United States but that U.S. President Donald Trump’s tariff threats also underscored the need for new markets. She said U.S. tariffs currently do not apply to Canadian crude oil, but that producers were being required to …
Delfin LNG’s floating LNG export project in the Gulf of Mexico is authorized to export up to 1.8 Bcf/d, U.S. Energy Secretary Chris Wright said at CERAWeek.
Tallgrass Energy is holding the second open season on a segment of the line for 2025.
A Summit Midstream Corp. (SMC) subsidiary will acquire Moonrise Midstream from Fundare Resources Co. in a cash-and-stock deal valued at $90 million.
(The opinions expressed here are those of the author, a columnist for Reuters) *Trump tariffs create turmoil in financial markets *Chevron CEO prefers Trump’s orders become legislation for stability *Drop in oil prices threatens U.S. oil production growth By Ron Bousso HOUSTON, March 10 – Energy executives travelling to the U.S. oil capital of Houston for …
Oil Execs Head to CERAWeek With a Case of Trump Buyer’s Remorse: Ron Bousso Read More »
Whitecap Resources and Veren Inc. will create the largest light oil and condensate producer in the Alberta Montney and Kaybob Duvernay in an all-share combination valued at CA$15 billion (US$10.43 billion).
CALGARY, AB, March 10, 2025 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and …
(Reuters) – A push by the United States to end the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies. The Nord Stream pipeline across the Baltic Sea to Germany is by far the …
Gas Pipeline Nord Stream’s Long Way Back to Europe Read More »
