E&P Highlights: April 21, 2025
Here’s a roundup of the latest E&P headlines, from new LNG production offshore Africa to new seismic maps offshore Mauritania.
Money Talks: UMB Bank on Impacts of Upstream Consolidation
Guardrails in place allow banks to support energy businesses through all economic cycles, says Zachary Leard, vice president for the energy group at UMB Bank.
Oil Falls Over 2% On Signs of Progress in US-Iran Talks, Demand Fears
By Stephanie Kelly Concerns about US tariff effects pressure oil prices US, Iran begin drawing up framework for nuclear deal Markets eye April PMI data this week NEW YORK, April 21 (Reuters) – Oil prices fell more than 2% on Monday on signs of progress in talks between the U.S. and Iran, while investors remained …
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Aris Takes on the Permian’s ‘Wall of Water’
Aris Water Solutions CEO Amanda Brock rings the alarm bell on the Permian’s water takeaway and recycling challenges and how they can be solved.
EU’s Costa Says Russian LNG Phase-Out Makes Room for US Supplies
By Jorge Valero and Ewa Krukowska The European Union’s imminent release of a road map for phasing out Russian fossil fuel purchases will signal to companies that they should source more liquefied natural gas from the US, according to European Council President Antonio Costa. The 27-nations bloc is scheduled to unveil its plan for winding …
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Gas Pipeline Billionaire Kinder Dismisses Tariff, AI Concerns
By Elizabeth Elkin Richard KinderPhotographer: Aaron M. Sprecher/Bloomberg Kinder Morgan Inc. billionaire co-founder Rich Kinder has shrugged off concerns in the US natural gas industry over the impact of tariffs on exports, and that demand forecasts related to artificial intelligence may be too optimistic. Kinder said his company still sees a surge demand from AI …
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US Finalizes Tariffs on Southeast Asian Solar Imports
Tariffs target major firms like Jinko Solar and Trina Solar Tariffs range from 6.1% to 3,403.96% International Trade Commission to vote on industry harm in June April 21 (Reuters) – U.S. trade officials finalized tariff levels on solar cells and panels from Southeast Asia, a key step toward wrapping up a year-old trade case brought …
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US NatGas Prices Drop 7% to 5-Month Low on Record Output, Lower Demand Forecasts
U.S. gas stockpiles were currently around 7% below normal levels for this time of year after cold weather in January and February.
Phillips 66 Fires Back at Elliott Over Citgo Conflict of Interest Amid Board Fight
The salvo is the latest in a bitter spat between Phillips 66 and Elliott that is due to come to a head at a shareholder meeting next month.
Shell to Complete Survey at Venezuela Gas Field as License Wind-Down Approaches
April 21 (Reuters) – Oil and gas group Shell (SHEL.L) plans to complete a marine survey at Venezuela’s offshore Dragon gas field before a U.S.-set May deadline to wind down all licenses related to energy projects in the country, sources close to the preparations said. Colombia-flagged survey vessel Dona Jose II arrived in U.S.-sanctioned Venezuela …
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