An unusually reticent president hasn’t had much to say about sanctions on Russia and Iran’s crude exports since returning to the White House. The detained Eagle S tanker, part of the fleet carrying Russian oil, off Finland this month.Photographer: Roni Rekomaa/Bloomberg By Weilun Soon Welcome to our guide to the energy and commodities powering the …
Oil’s Dark Fleet Puts Pressure on Trump to Act Quickly Read More »
By Ruth Liao and Bailey Lipschultz Venture Global Inc. slashed the marketed range for its initial public offering, bringing the potential valuation well below its $110 billion target. The liquefied natural gas exporter is marketing 70 million shares in the offering for $23 to $27 each, a more than 40% drop from the $40 to …
Venture Global Slashes IPO Price Range by More Than 40% Read More »
SLB and Star Energy Geothermal will focus on technologies for subsurface characterization, drilling and production of geothermal assets.
(Reuters) – LNG exporter Venture Global on Wednesday slashed the valuation it was seeking from its U.S. initial public offering to as much as $65.33 billion, significantly lower than the more than $100 billion it had initially aimed. The company also lowered its offer price, effectively increasing the number of shares on sale against the …
LNG Exporter Venture Global Cuts Target Valuation for US IPO to $65.3 bln Read More »
LNG exporter Venture Global nearly halved the price per share, while increasing the number of shares it expects to offer.
A winter storm along the Gulf Coast had ERCOT under strain and ports waiting out freezing temperatures before reopening.
ElectriGen and Hyliion Holdings Corp.’s methane emissions reduction project has been awarded $6 million by the Department of Energy. Hyliion’s Karno generators can use wellhead gas to produce low-emission electricity.
TotalEnergies’ $20 billion Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said on Jan. 22, citing the need to end force majeure and ensure security at the project site.
The sale was delayed due to pending formal confirmation regarding the extension of Perission Petroleum’s E&P license in Colombia, specifically for Block VMM-17.
Halliburton Co.’s Zeus e-fracs, Octiv auto-fracs and the Sensori monitoring platform are setting the stage for long-term growth, CEO Jeff Miller says.
