By Kevin Crowley Executives from some of the world’s top oil and gas producers offered full-throated support for President Donald Trump’s “Energy Dominance” on Monday, even as financial markets slumped on broader concerns about his economic agenda. The hallways and sessions on the first day of the annual CERAWeek by S&P Global conference in Houston …
Oil CEOs Back Trump’s Energy Agenda as Crude Hits Fresh Low Read More »
Chris Wright displays a signed order approving an LNG permit extension for the Delfin LNG project.Photographer: F. Carter Smith/Bloomberg By Ari Natter US Energy Secretary Chris Wright extended a permit for a natural gas export project by Delfin LNG LLC. The development off the coast of Louisiana will involve four vessels that’ll produce 13.3 million …
US Approves Permit Extension for Delfin LNG Export Project Read More »
Executives embrace the administration’s tone at Houston’s CERAWeek conference — but views on prices may cause friction down the line. US Energy Secretary Chris Wright said he wants to reverse what he called a “very poor direction in energy policy.”Photographer: Aaron M. Sprecher/Bloomberg By Will Kennedy Welcome to our guide to the commodities markets powering …
Oil CEOs Celebrate Trump’s Pivot Back to Fossil Fuels Read More »
Archrock Inc. will buy privately held Natural Gas Compression Systems Inc. in a cash-and-stock deal that deepens Archrock’s operations in the Permian Basin.
AI is likely to cause a period of deflation, Larry Fink, founder and CEO of the investment giant BlackRock, said at CERAWeek.
Global oil supply growth is outstripping demand, the CEO of one of the world’s largest oil traders, Gunvor, said on Monday. Oil prices hit a three-year low last week due to slow demand growth in China and concerns about the impact on global economic growth of U.S. President Donald Trump’s protectionist trade policies. “We still …
Global Oil Supply Growth is Outstripping Demand, Gunvor CEO Says Read More »
President Trump said he would double his tariffs on Canadian steel and aluminum products in response to Ontario placing a 25% tariff on electricity supplied to the U.S.
Baker Hughes will provide turbine and compression for NextDecade’s trains at Rio Grande LNG.
A new scramble for crude oil market share in Asia may be kicking off as top exporters Saudi Arabia and Russia move to boost cargoes to the world’s top importing region. China, the world’s biggest oil importer, is emerging as ground zero for the two exporters, who are ostensibly allies in the wider OPEC+ group …
Crude Oil Market Share Battle May be Kicking Off in Asia: Russell Read More »
The ChampionX system, called ParaClear, offers a custom solution based on site characteristics to move waxy crude through pipelines.
