Summary • All eyes on May 10 US-China talks in Switzerland • OPEC April oil output edged lower, Reuters survey finds • China’s April exports exceed expectations (Reuters) – Oil prices rose more than 1% on Friday, poised for a weekly gain as trade tensions between top oil consumers China and the United States showed …
Oil Set for Weekly Gain Ahead of US-China Trade Talks Read More »
The joint venture between BKV and Copenhagen Infrastructure Partners comes after BKV entered an agreement on May 1 with Comstock Resources for CCUS projects in the Haynesville Shale.
(Reuters) – Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since February 2021, consultancy Enverus said, amid concerns that rising OPEC+ supplies and a trade war will continue to hit crude prices. Operators in Texas submitted 570 new drilling permit applications in April, down …
Texas Oil Drilling Applications Hit 4-Year Low as Producers Weigh OPEC+ Hike, Trade War Read More »
Commodity price volatility is making it difficult to close the bid-ask spread between buyers and sellers, BOK Financial’s Cristina Stellar tells Hart Energy.
If confirmed, fossil fuel advocate Tristan Abbey would oversee the Energy Information Administration, which will not release its International Energy Outlook in 2025 due to workforce reductions.
Valaris Ltd. is selling its jackup VALARIS 247 to BW Energy for approximately $108 million.
A new Trump administration regulation requires LNG exporters to start shipping on U.S.-built ships by 2028. No ships currently qualify and could take up to five years to build.
Williams Cos. is developing gas capacity expansion projects across the U.S., including the Transco Power Express which intends to add 950 MMcf/d of natural gas supplies to Virginia.
PHX Minerals agreed to sell to WhiteHawk Energy for $187 million, expanding WhiteHawk’s natural gas portfolio in the Haynesville Shale and Midcontinent.
Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by orchestrating and concealing a vast fraud at the now-bankrupt Mexican oil and gas services company Oceanografia, a U.S. appeals court ruled on Thursday. A three-judge panel of the 11th U.S. Circuit Court of Appeals in Miami said 30 Oceanografia …
Citigroup Must Face $1 Billion Lawsuit Claiming it Aided Mexican Oil Company Fraud Read More »
