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Targa Resources Corp. Announces Organizational Changes

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(GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today the following organizational changes, with the changes approved by Targa’s Board of Directors effective July 22, 2024. As part of Targa’s long-term development plans, Jennifer R. Kneale, current Chief Financial Officer (“CFO”), will become President – Finance and Administration. Jen will …

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Oil Prices Edge Down With U.S. Inflation Data in Focus

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

(Reuters) – Brent crude fell on Tuesday while investors awaited U.S. inflation data later this week, but prices held above the $85 level after the previous session’s gains on escalating geopolitical tensions and hopes of improved demand this summer. Brent futures for August settlement were down 43 cents at $85.58 a barrel by 1100 GMT. …

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Exxon, Suncor Units Lose Bid to Escape Boulder, Colorado’s Climate Case

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ExxonMobil and subsidiaries of Suncor Energy have lost their bids to dismiss a lawsuit by Boulder, Colorado, alleging the energy companies contributed to climate change by concealing from the public the dangers of unchecked fossil fuel use. Boulder County District Court Judge Robert Gunning on Friday largely rejected the companies contention that Colorado’s courts lacked jurisdiction …

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E&P Highlights: June 24, 2024

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Here’s a roundup of the latest E&P headlines, including TotalEnergies working with Nigeria to reach FID on the Ubeta gas field and Chevron signing production sharing contracts for two blocks offshore Equatorial Guinea.

Rising US Labor Costs Threaten to Derail New LNG Projects

Conventional Energy, Latest, LNG, US News / By

A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring liquefied natural gas (LNG) developers and delaying some projects from reaching a financial go-ahead. There are five LNG plants under development in Texas and Louisiana and 16 others on the drawing board in the U.S. looking …

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