By Scott Disavino Nov 15 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, …
US Drillers Cut Oil and Gas Rigs for First Time in Four Weeks – Baker Hughes Read More »
The Mexican government expects to transfer 136 billion pesos (US$6.69 billion) to state oil producer Pemex next year to help the heavily indebted firm meet its debt and loan repayments.
EOG, Diamondback and Gulfport Energy remain optimistic—despite recent near-term volatility—and are doubling down on natural gas investments in order to meet growing energy demands.
Encino Energy’s Tim Parker tells Hart Energy’s Nissa Darbonne about the economics of drilling in the company’s Utica oil development at the DUG Appalachia Conference and Expo.
Here is a look at some of this week’s renewable energy news, including an agreement for the supply of oxide fuel cells to meet energy data center needs.
Here is a compilation of dividends declared from select E&Ps in fourth-quarter 2024 during the week of Nov. 11.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks.
By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. Bloomberg News Having “Trump” and “nuclear” in the same sentence can induce anxiety (it once did in his nominee for secretary of state, …
The president-elect has said he’ll exit the Paris climate accord and ramp up oil and gas production. President-elect Donald Trump has been crystal clear: His second term will be an assault on climate policy. On the campaign trail, he vowed to “drill, baby, drill” for more oil and gas and inveighed against offshore wind farms. He attacked President Joe …
Separating its aerospace and automation arms, like Elliott has suggested, would make moonshot combinations with the likes of GE and Rockwell more plausible. Bloomberg News Breaking Honeywell International Inc. up would make the company simpler. It would also create opportunities for monster-sized deals. Elliott Investment Management this week disclosed a more-than $5 billion stake in Honeywell, one of the …
A Honeywell Breakup Would Set Up Monster-Sized Deals Read More »
