Mexico’s government is looking to speed up plans to double its strategic natural gas storage capacity amid concern that U.S. President Donald Trump could use the country’s dependence on U.S. gas as some form of leverage, three sources familiar with the matter said. Mexico, a net importer of natural gas, has just 2.4 days of …
Mexico to Speed up Plans to Double Gas Storage Capacity Amid Trump Supply Fears Read More »
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets to acquire, consultancy Enverus said on Wednesday. Last year’s total deal value fell sharply behind the whopping $192 billion in mergers and acquisitions …
US Upstream Oil and Gas Dealmaking Hit $105 Billion in 2024, Enverus Says Read More »
Liberty Energy Inc. and Cummins Inc. are deploying the natural gas large displacement engine developed in a partnership formed in 2024.
U.S. crude stocks rose last week as refinery utilization slipped, the Energy Information Administration (EIA) said on Wednesday, as winter storms sweeping the country hit fuelmakers’ operations and boosted distillates demand. Crude inventories rose by 3.5 million barrels to 415.1 million barrels in the week ended Jan. 24, the EIA said, compared with analysts’ expectations …
US Crude Stocks Rise as Refiners Cut Production Amid Winter Storms, EIA Data Shows Read More »
Ørsted said Baltica 2 is expected to be fully commissioned in 2027.
Harvey holds over 40 years of investment experience and is currently the private wealth adviser at Dallas-based Vaquero Private Wealth.
Plug Power CEO Andy Marsh says the U.S., with renewable energy resources, should be the world’s leading exporter of hydrogen as it competes globally, including with China.
(Reuters) – Britain’s competition regulator said on Wednesday it has launched an inquiry into oilfield services company SLB’s proposed $8 billion deal to buy smaller rival ChampionX. The Competition and Markets Authority (CMA) said it is looking at whether the deal, which was announced last April, would raise competition concerns in any UK markets. It …
UK Competition Regulator Launches Inquiry Into $8 Bln SLB-ChampionX Deal Read More »
Summary Valero to kick off Q4 US refiner earnings on Thursday Soft fuel demand continues to weigh on Q4 refining margins US gasoline futures crack spread hit one-year low in December Investors to focus on refiners’ plans to limit impact of Trump’s tariffs (Reuters) – Wall Street is bracing for a sharp decline in U.S. …
Wall Street Braces for Oil Refiners’ Lower Q4 Earnings, Tariff Plans Read More »
Summary • API data shows rise in weekly US crude and gasoline inventories • Trump plans to impose Feb 1 tariffs on Canada and Mexico • Libya reports normal oil loadings after protests • Saudi and other OPEC+ ministers meet next week (Reuters) – Oil prices edged lower Wednesday on a rise in U.S. crude …
Oil Prices Slip as US Inventories Rise; Tariff Concerns in Focus Read More »
