US News

Auto Added by WPeMatico

Tellurian to be Acquired by Woodside for Approximately $900 Million

Conventional Energy, Latest, LNG, Press Releases, US News / By

All-cash transaction provides substantial and certain value to Tellurian shareholders Offer reflects new leadership’s progress executing the company’s refreshed strategy HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (“Tellurian”) (NYSE American: TELL) today announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd (“Woodside”) (ASX: WDS) pursuant to which Woodside will acquire all the …

Tellurian to be Acquired by Woodside for Approximately $900 Million Read More »

Williams to Start Building Louisiana Energy Gateway Project

Conventional Energy, Latest, Natural Gas, US News / By

Pre-construction on natural gas pipeline could start next week Energy Transfer says ‘surprising’ move given legal battles Williams Cos. will start building its delayed Louisiana Energy Gateway natural gas pipeline in the coming weeks, the company reported. Pre-construction will begin as early as July 25, Williams said Friday in a letter to the Federal Energy Regulatory …

Williams to Start Building Louisiana Energy Gateway Project Read More »

U.S. FTC Probes Hess, Occidental Execs Over OPEC Communication, Bloomberg Reports

Conventional Energy, Latest, Oil, US News / By

Agency investigators are looking for evidence of executives attempting to collude with OPEC officials on oil market dynamics, the report said. Earlier this year, FTC barred former Pioneer Natural Resources CEO Scott Sheffield from Exxon’s board on allegations that he attempted to collude with OPEC to raise oil prices. The FTC made the move as …

U.S. FTC Probes Hess, Occidental Execs Over OPEC Communication, Bloomberg Reports Read More »

U.S. Solar Factory Outlook Hit by Supply, Demand Headwinds

Latest, Renewable Energy, Solar, US News / By

By Neil Ford Industry Insight from Reuters Events, a part of Thomson Reuters. Summary A dependence on components from Asia, import tariff uncertainty and demand concerns have curbed plans for American solar factories. U.S. module factory capacity rose 11 GW in Q1 2024 as tax credits in the 2022 Inflation Reduction Act bore fruit, data …

U.S. Solar Factory Outlook Hit by Supply, Demand Headwinds Read More »

Oilfield Services Firms SLB, Halliburton Post Profit Gains on Global Demand

Energy Topics & Technology, Latest, OFS-Oilfield Services, US News / By

Summary SLB, Halliburton warn of weak North America activity SLB shares up 3.4%, Halliburton shares down 4.9% North America activity to trough in H2 2024 – Halliburton CEO SLB sees strong growth in Middle East, Asia (Reuters) – Top U.S. oilfield service firms SLB and Halliburton  posted higher quarterly profits on Friday helped by strong global …

Oilfield Services Firms SLB, Halliburton Post Profit Gains on Global Demand Read More »

Oil Settles at One-Month Low on Gaza Ceasefire Hopes

Conventional Energy, Latest, Oil, US News / By

HOUSTON, July 19 (Reuters) – Oil prices settled over $2 lower on Friday at their lowest level since mid-June as investors eyed a possible ceasefire in Gaza, while a strengthened dollar drove values down further. Brent crude prices settled down $2.48, or 2.9%, to $82.63 a barrel. U.S. West Texas Intermediate crude futures dropped $2.69, …

Oil Settles at One-Month Low on Gaza Ceasefire Hopes Read More »

US Drillers Add Oil and Gas Rigs for Second Time in Three Weeks, Baker Hughes Says

Latest, US News / By

By Scott Disavino July 19 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the second time in three 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, rose by two to 586 …

US Drillers Add Oil and Gas Rigs for Second Time in Three Weeks, Baker Hughes Says Read More »

Halliburton Posts Higher Quarterly Profit on International Strength

Latest, US News / By

Oilfield services firm Halliburton reported a rise in quarterly profit on Friday, helped by stable demand from international customers for its drilling equipment and services. Energy firms in global markets such as the Middle East have been looking to secure new oil and gas deposits, benefiting firms such as Halliburton, which provides services such as …

Halliburton Posts Higher Quarterly Profit on International Strength Read More »

SLB Beats Quarterly Profit Estimates on International Drilling Demand

Latest, US News / By

SLB beat analysts’ estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets. Offshore exploration and production as well as drilling in international markets, especially in the Middle East and Asia where producers are looking to secure new inventories, have …

SLB Beats Quarterly Profit Estimates on International Drilling Demand Read More »

SLB and Halliburton See Strong International Oilfield Demand

Energy Topics & Technology, Latest, OFS-Oilfield Services, US News / By

SLB and Halliburton See Strong International Oilfield Demand Companies meet or exceed earnings per share expectations Oilfield service firms are shifting into overseas markets SLB and Halliburton Co., two of the world’s biggest oilfield service providers, said they see strong international demand for crude drilling after posting earnings that met or exceeded expectations, supporting their shift into …

SLB and Halliburton See Strong International Oilfield Demand Read More »

Subscribe
Subscribe