Michigan Appeals Court Allows Enbridge’s Line 5 Permits to Stand
Enbridge’s Line 5 still faces a court battle against the state in a case brought by the government.
Energy Transition in Motion (Week of Feb. 21, 2025)
Here is a look at some of this week’s renewable energy news, including a record for community solar capacity in the U.S.
Dividends Declared Week of Feb. 17
2024 year-end earnings season is underway. Here is a compilation of dividends declared from select upstream, midstream, downstream and service and supply companies.
Exxon Aims to Boost Guyana Gas Production, Explore Export Options
Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.
US Oil and Gas Rig Count Rises to Highest Since June, Says Baker Hughes
Despite this week’s rig increase, Baker Hughes said the total count was still down 34, or 5% below this time last year.
US NatGas Prices Jump 6% to 25-Month High on Frozen Wells, Record LNG Flows
(Reuters) – U.S. natural gas futures jumped about 6% to a 25-month high on Friday as extreme cold over the past couple of weeks cut output by freezing wells and as gas flows to liquefied natural gas (LNG) export plants hit record highs. In addition, traders noted that colder temperatures than normal so far this …
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ConocoPhillips to Sell Interests in GoM Assets to Shell for $735MM
ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.
Viper Makes Leadership Changes Alongside Diamondback CEO Shakeup
Viper Energy is making leadership changes alongside a similar shake-up underway at its parent company Diamondback Energy.
Polar LNG Express: North American NatGas Dynamics to Change with LNG Canada
The next major natural gas export project in North America has a location advantage with Asian markets. LNG Canada opens up a new pathway that will change the price dynamics for producers.
Oil Prices Slip but Remain on Track for Weekly Gain on Supply Jitters
Summary • Brent and WTI up 1.5% over the week • US crude stocks rose, gasoline and distillates decline -EIA • Kazakhstan pumped record high oil volumes -industry sources Feb 21 (Reuters) – Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over …
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