Buyout Firm ECP to Re-Acquire Nuclear Services Firm EnergySolutions

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Nuclear, US News / By

By Veena Ali-Khan and David Carnevali Buyout firm Energy Capital Partners has agreed to re-acquire nuclear services firm EnergySolutions from TriArtisan Capital Advisors LLC, according to a statement provided to Bloomberg News. EnergySolutions will be valued at about $2 billion in the transaction, according to a person familiar with the matter who asked not to …

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Europe Gas Underprices Hormuz Disruption Risk, China Demand Masks Impact, Goldman Says

CDN and International News, Latest, Natural Gas / By

European gas prices may be underestimating the risks from ongoing Liquefied Natural Gas (LNG) supply disruptions through the Strait of Hormuz, with resilient imports and weak Asian demand masking the impact for now, Goldman Sachs said in a note dated April 2. * European natural gas markets are pricing a lower-than-expected risk premium even as …

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US Crude Premiums Climb to Record Levels as Asia, Europe Compete for Supply

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Spot premiums for U.S. West Texas Intermediate crude have jumped to all-time highs as competition between Asian and European refiners for supply heats up to replace Middle Eastern oil flows disrupted by the Iran war, industry sources said. Europe is typically the largest importer of U.S. crude, but competition has escalated with Asian buyers scouring …

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Oil Shock Is Adding Stress to the Global Economy

Conventional Energy, Latest, Oil, US News / By

Bloomberg News Market Snapshot S&P 500 futures 6,650.75 +0.4% Nikkei 225 53,413.68 +0.5% Bitcoin $69,862.54 +3.3% Spot gold $4,703.78 +0.6% Bloomberg Dollar Spot Index 1,213.34 -0.2% Market data as of 05:34 AM ET. Data is subject to provider delays. Five things you need to know Saudi Arabia raised the price of its main oil grade to …

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The Iran War May Be Permanently Rewiring Global Energy Security

CDN and International News, Conventional Energy, Latest, Oil / By

Cambridge Professor Helen Thompson warns that energy disruption triggered by the US-Israel attack on Iran is exposing deep vulnerabilities. The US-Israel war with Iran is emerging as more than a humanitarian crisis, one that’s left thousands of civilians dead and millions displaced. On this week’s Merryn Talks Money, Cambridge University professor Helen Thompson argues that the …

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OPEC+ Agrees to Boost Oil Output When Strait of Hormuz Reopens

CDN and International News, Conventional Energy, Latest, Oil / By

Summary OPEC+ eight members to raise quotas by 206,000 bpd for May US-Iran war largely shuts oil traffic via Strait of Hormuz War leads to worst ever oil supply disruption Tanker loaded with Iraqi crude passes through Hormuz, data shows OPEC+ concerned about attacks on energy assets (Reuters) – OPEC+ agreed ‌on Sunday to raise …

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Trump’s New Deadline Looms With Mediators Pushing for Truce

Conventional Energy, Latest, Oil, Pinned Primary, US News / By

Trump on Sunday issued an expletive-laced threat to destroy Iran’s power plants and blow up ‘everything over there’ Bloomberg News President Trump during a primetime address to the nation at the White House on April 1.Photographer: Alex Brandon/AP Photo/Bloomberg US allies are reportedly pressing for a last-minute deal with Iran, as President Donald Trump extended his deadline …

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Oil Prices Fall After US and Iran Receive Framework Ceasefire Proposal

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternatives Trump threatens further action if Strait remains closed Iran allows passage for select vessels OPEC+ agrees modest output rise, war limits actual increases Russian supply also disrupted (Reuters) – Oil prices fell in ​choppy trade on Monday, as investors awaited clarity on …

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Trump Threatens to Hit Iran Infrastructure on Tuesday if Strait Remains Blocked

Conventional Energy, EnergyNow News and Press Releases, Latest, Oil, US News / By

U.S. President Donald Trump said his deadline for Iran to open the Strait of Hormuz or face attacks on critical infrastructure is Tuesday evening, according to an interview he gave to the Wall Street Journal on Sunday. “If they don’t do something by Tuesday evening, they won’t have any power plants and they won’t have …

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US Intelligence Warns Iran Unlikely to Ease Hormuz Strait Chokehold Soon

EnergyNow News and Press Releases, Latest, Tri-Pinned / By

  Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the only real leverage it has over the United States, according to three sources familiar with the matter. The finding suggests that Tehran could continue …

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