Liberty Energy Appoints Arjun Murti to Board
Arjun Murti has over 30 years of experience as an equity research advisor.
ConocoPhillips Takes Over as Sole Operator of Gas Project in Malaysia, Petronas Says
(Reuters) – Malaysia’s Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in the country to a unit of US-based firm ConocoPhillips. The rights relate to the Kebabangan Cluster, a group of oil, condensate, and gas fields in the state of Sabah, Malaysia, which was …
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Freeport LNG Export Plant in Texas on Track to Exit Outage as NatGas Flows Increase
(Reuters) – Natural gas flows to Freeport LNG’s export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday, data from LSEG and energy traders showed. Freeport is one of the most closely watched LNG export plants in the world because the …
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EU Open to US Energy, Arm Sales Talks to Stave Off Tariffs
(Reuters) – The European Union is open to discussing purchases of energy and arms from the United States to ward off tariffs that President Donald Trump has threatened to impose on the bloc, EU’s top economy official said on Thursday. Trump has vowed to address a long-running deficit in goods trade with the EU, either …
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Putin Growing Concerned by Russia’s Economy, as Trump Mulls More Sanctions
(Reuters) – President Vladimir Putin has grown increasingly concerned about distortions in Russia’s wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told Reuters. Russia’s economy, driven by exports of oil, gas and minerals, grew robustly over the past two years despite multiple …
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Oil Producer APA Curtails Production in Fourth Quarter
(Reuters) – U.S. shale producer APA Corp said on Wednesday it curtailed about 23,500 barrels of oil equivalent per day of production in the fourth quarter due to weak commodity prices. U.S. natural gas prices collapsed to multi-year lows in 2024, with prices at the Waha hub in the Permian shale basin in West Texas …
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EIA: NatGas Storage Withdrawal Misses Forecasts by 20 Nearly Bcf
Natural gas prices fell following the release of the U.S. Energy Information Administration’s weekly storage report showing a near-20 Bcf miss on analysts’ expectations.
SLB Capturi Completes Its First Modular Carbon Capture Plant
The Netherlands facility will capture up to 100,000 metric tons of CO2 annually, SLB said in a news release.
REALITY – COMMENTARY: Trump’s Dream of Energy Dominance Relies on Canada
Why risk our relationship with a giant, friendly oil producer that US refiners depend upon? 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. In theory, President Donald Trump’s threat of sweeping tariffs against …
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Oil Prices Held Down by Trump Tariff Uncertainty
Summary • Recent gains eroded by mixed market drivers, says analyst • Trump tariffs could dampen global oil demand growth • Higher U.S. crude stocks also pressure prices (Reuters) – Oil prices were little changed on Thursday, maintaining almost all of the previous session’s losses on uncertainty over how U.S. President Donald Trump’s proposed tariffs …
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