Summary • Market weighs near-term supply risks, tariff concerns • Reuters poll indicates lower U.S. crude inventories (Reuters) – Oil prices steadied near five-week highs on Tuesday as threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran countered worries about the impact of a trade war on global …
Oil Steadies as Market Weighs Tariffs, Sanctions Read More »
Stellantis sold 5.5 million vehicles last year, including roughly 2.6 million in Europe, and generated sales of €156.9 billion Bloomberg News Stellantis NV’s strategy to make more hybrids is causing manufacturing delays in Europe because the automaker can’t source enough parts. This month the company produced 20,000 fewer vehicles than expected as it didn’t have …
** As Q1 draws to a close, energy looked set to come out the top performer among the S&P 500’s major industry sectors for the quarter, with a ~9% gain for the period ** Energy, up 0.7% on Mon, is also among the best-performing sectors of the day, outperforming the broader market, with the S&P …
Energy Leads S&P 500 Sector Advances as Q1 Draws to Close Read More »
Marketed by Chevron Corp. for more than a year, the 71,000-contiguous-net-undeveloped-acreage sold to TG Natural Resources is valued by the supermajor at $1.2 billion at current Henry Hub futures.
Infrastructure company Sempra Energy is preparing for major growth coming in electrical demand by selling assets to raise capital.
GeoPark is selling non-core assets and reducing its headcount, the Colombia-based oil and gas firm said March 31.
The deal estimated to be worth tens of billions of yen, the Nikkei reported on March 31.
“That starts with fixing the slow, broken permitting processes in the U.S. and Europe,” Larry Fink, the co-founder, chairman and CEO of $12 trillion investment-management firm BlackRock Inc., told shareholders March 31.
Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
As prices rise, M&A interest shifts to the Haynesville Shale and other gassy basins.
