(Reuters) – Cenovus Energy does not plan to increase its takeover offer for oil sands producer MEG Energy, despite a higher bid from Strathcona Resources, CEO Jon McKenzie told Bloomberg News in an interview on Wednesday. Reporting by Sumit Saha in Bengaluru; Editing by Krishna Chandra Eluri
The Metals Company aims to begin seafloor mining operations by year-end 2027 as the U.S. prepares fast-track permitting regulations.
(Reuters) – HSBC’s latest oil market supply and demand model envisions OPEC+ gradually unwinding 1.65 million barrels per day in “first-phase” voluntary production cuts over a 12-month period, the bank said in a note on Tuesday. The bank’s oil market model had previously assumed that OPEC+ would take a breather after unwinding 2.2 million barrels …
HSBC Sees Gradual Unwinding of OPEC+ Voluntary Cuts Over Next Year Read More »
(Reuters) – The U.S. solar industry is at risk of installing 27% less capacity between 2026 and 2030 than before the passage of President Donald Trump’s tax law that rolled back subsidies for such projects, a key trade group said in a report on Monday. WHY IT’S IMPORTANT The forecast by the Solar Energy Industries …
US Solar Installation Forecast Slashed Due to Trump Policies, Report Says Read More »
Following the sale of Greylock Energy’s Wyoming assets, the company is looking to use its new capital for opportunities in the Utica Shale— and other basins, says President and CEO Kyle Mork.
TotalEnergies CEO Patrick Pouyanné warns of a supply glut amid NextDecade’s Rio Grande LNG Train 4 reaching a positive FID.
Bank lenders are opening their wallets to oil and gas again, but equity investors remain cautious—far from the shale boom frenzy a decade ago.
Monkey Island LNG is seeking further suppliers as it advances on its $25 billion project.
U.S. lawmakers from states with oil refineries are hoping to block President Trump from shifting renewable fuel blending obligations from small refineries to larger ones.
Located in Lincoln County, the Winfield solar project will sell power to Microsoft as part of a 15-year contract.
