As part of an agreement with BKV Corp., injection wells will be drilled to permanently sequester CO2 waste produced at two of Comstock’s natural gas processing facilities in the Haynesville Shale.
Summary Power segment profit falls 30% on repairs at Bruce Power nuclear reactor TC Energy announces new gas and nuclear projects worth C$2.4 billion Company’s US-listed shares drop 4% May 1 (Reuters) – Canadian pipeline operator TC Energy on Thursday missed analysts’ estimates for first-quarter profit on weakness in its power and energy solutions business, while …
TC Energy’s Quarterly Profit Misses on Power Segment Weakness Read More »
A court sent Kimmeridge’s Commonwealth LNG permit back to the Federal Energy Regulatory Commission for adjustments in 2024.
Summary Saudi willing to sustain lower prices for longer: sources US economy contracts in first quarter US crude stockpiles fell by 2.7 million barrels last week LONDON, May 1 (Reuters) – Oil prices fell on Thursday, extending a steep decline the previous session due to signs that Saudi Arabia, the world’s largest crude exporter, could …
Oil Drops on US Economic Contraction, Possible OPEC+ Supply Rise Read More »
The sheet of tight dean sandstone, up to 300 ft thick, that sits between Spraberry and Wolfcamp in the Midland Basin has already made more than 15 MMbbl since 2020 from just 43 wells in Dawson County alone. Here’s a look.
Oman’s commodity trading business, OQ Trading, has signed a 15-year LNG sales and purchase agreement with Amigo LNG, the Mexico subsidiary of Singapore’s LNG Alliance.
London’s INEOS and Germany’s Covestro say they aim to solidify supplies in a volatile market.
Petro-Victory partnered with BlueOak Investments to complete the $17.5 million deal for Brazilian E&P Capixaba Energia.
(Reuters) – U.S. energy company Expand Energy, the country’s biggest natural gas producer, said on Wednesday it was on track to produce more gas in 2025 and 2026 to meet growing demand for the fuel. Expand executives told analysts on its first quarter earnings call it expected to run about 12 rigs and invest about …
Expand Energy on Track to Increase US Natgas Output to Meet Growing Demand Read More »
(Reuters) – BP’s 440,000-barrel-per-day (bpd) refinery in Whiting, Indiana, shut the reformer unit last weekend, trading sources said. The company did not immediately respond to Reuters’ requests for comment. The Whiting refinery, the largest in the U.S. Midwest, produces a wide range of liquid fuels, including gasoline, diesel and jet fuel. Reporting by Nicole Jao …
