U.S. energy pipeline operator Enterprise Products is not considering adding a new crude oil line in the Permian Basin after consolidation has concentrated output into the hands of E&Ps promising fiscal discipline.
U.S. natural gas futures climbed about 4% to a one-week high on Thursday on forecasts for cooler weather and more heating demand over the next two weeks than previously expected and on rising prices for gas in global markets that should boost the value of U.S. liquefied natural gas (LNG) exports. Front-month gas futures for …
U.S. Natgas Prices Climb 4% on Cooler Weather, Higher Global Gas Prices Read More »
KKR will buy nearly a quarter of Eni’s Enilive, which values the biofuels unit at about $12.7 billion.
(Reuters) – European gas prices are still subject to upward pressure due to rising demand in Asia and concerns over future supply of Russian and liquefied natural gas (LNG), the CEO of Norwegian oil and gas producer Equinor said on Thursday. “Winter is approaching, and European demand will depend on the weather and temperature. A …
Equinor Sees Upward Gas Price Pressure, Lower Storages Next Year Read More »
by EnergyNow Staff Carbon offsets are a tool used to mitigate the environmental impact of greenhouse gas (GHG) emissions. They allow individuals, businesses, or governments to compensate for the emissions they produce by investing in projects that either remove carbon dioxide (CO2) from the atmosphere or prevent further emissions. The concept is that by supporting …
Now You Know! What are Carbon Offsets and Who is Buying Them? Read More »
Revenue of $906.5 million Net income attributable to ChampionX of $72.0 million Adjusted net income of $85.9 million Adjusted EBITDA of $197.5 million Income before income taxes margin of 11.2% Adjusted EBITDA margin of 21.8% Cash from operating activities of $141.3 million and free cash flow of $108.1 million THE WOODLANDS, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) — ChampionX …
Projects 50% growth next year over its 2023 production volumes Bloomberg News Tesla Inc. surpassed Wall Street estimates for earnings in the third quarter and projected a slight increase in deliveries for the current year, reflecting a rebound in demand for its electric vehicles. The company on Wednesday reported adjusted earnings of 72 cents per share for …
Tesla Posts Higher-Than-Expected Profit on Delivery Growth Read More »
Offshore drilling provider Transocean is in talks to merge with rival Seadrill Ltd, Bloomberg News reported on Wednesday, citing people familiar with the matter. The companies are discussing the potential structure of the combination, it said. However, a final decision has not been made and the companies could choose to remain independent, Bloomberg reported. Seadrill …
Transocean in Merger Talks with Rival Seadrill, Bloomberg News reports Read More »
Deals will take a while, however, as these multi-gigawatt agreements are also multi-decade investments, said Range Resources CFO Mark Scucci.
Participants will have a chance to learn geothermal directional drilling and well completions, while getting on-the-job training and taking college-level coursework, the company says.
