UK Gas Producer Energean Terminates Carlyle Deal Over Approval Delays
The company said that the two parties were unable to agree on an extension of the long-stop date beyond March 20 to meet the conditions of the agreement.
Green Investors Are Finding Bargains in Trump’s Big Oil Era
Renewable power assets have now become a buyers’ market Wind, solar are still key to meet rising electricity demand Private infrastructure investors are snatching up green bargains in what’s emerged as a buyer’s market for wind, solar and battery projects. The moves follow a a slump in clean-energy stocks, as US President Donald Trump’s call for …
Green Investors Are Finding Bargains in Trump’s Big Oil Era Read More »
Oil Set For Weekly Gain on Iran Sanctions, OPEC+ Plan to Rein in Overproduction
(Reuters) – Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S. sanctions on Iran and a new OPEC+ plan for seven members to cut output raised bets on tightening supply. Brent crude futures climbed 42 cents, or 0.6%, to $72.40 per barrel by …
Oil Set For Weekly Gain on Iran Sanctions, OPEC+ Plan to Rein in Overproduction Read More »
Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields
New solutions will support remote operations in deepwater fields Technology allows real-time response to evolving well conditions across multiple zones HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender …
Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields Read More »
Vantage Drilling International Ltd. Reports Fourth Quarter and Full Year 2024 Results
Dubai, March 20, 2025 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net gain attributable to shareholders of approximately $55.5 million or $4.17 per diluted share for the three months ended December 31, 2024, based on weighted average shares outstanding, as compared to a net loss attributable to shareholders of …
Vantage Drilling International Ltd. Reports Fourth Quarter and Full Year 2024 Results Read More »
Epsilon Announces Full Year 2024 Results
HOUSTON, March 19, 2025 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported financial results for the fourth quarter and full-year ended December 31, 2024. Full Year and Q4 2024 Highlights: Epsilon – Full Year 2024 & Q4 2024 2024 2023 Q4 2024 Q3 2024 YoY% QoQ% NRI Production Gas …
Belcher: Texas Considers Funding for Abandoned Wells, Emissions Reduction
With uncertainly surrounding federal aid as the Trump administration attempts cost cutting measures, the state is exploring its own incentive system to plug wells and reduce emissions.
DOE Approves Venture Global’s CP2 LNG to Export to Non-FTA Countries
The U.S. Department of Energy approved Venture Global’s Calcasieu Pass 2 LNG project in Cameron Parish, Louisiana, to export LNG to non-FTA countries.
Trump Administration to Open More Alaska Acres for Oil, Gas Drilling
U.S. Interior Secretary Doug Burgum said the agency plans to reopen the 82% of Alaska’s National Petroleum Reserve that is available for leasing for development.
RWE Slashes Investment Upon Uncertainties in US Market
RWE introduced stricter investment criteria in the U.S. and cut planned investments by about 25% through 2030, citing regulatory uncertainties and supply chain constraints as some of the reason for the pullback.