Jefferies’ Pete Bowden, the global head of industrial, energy and infrastructure investing, discussed the trajectory of the Permian Basin’s production and the future of M&A in the increasingly consolidated region, in this Hart Energy Exclusive interview.
Toyo says it plans to start production of 1 GW of annual module capacity by mid-2025 and reach 2.5 GW by the end of 2025.
The Permian Basin’s associated gas output could outstrip the region’s planned capacity well before the end of the decade, pipeline company executives said.
Canadian oil and gas producers fall after Donald Trump pledged big tariffs on imports from its neighbor on Monday The U.S. president-elect said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the border Cenovus Energy, Imperial Oil, Suncor Energy and Canadian Natural Resources down between …
Canadian Oil Companies Fall After Trump Vows New Tariffs Read More »
(Reuters) – OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, Trafigura and Gunvor said at the Energy Intelligence Forum in London on Tuesday. OPEC+ is discussing a further delay to a planned oil output hike that was due to start in January, two sources …
OPEC Unlikely to Raise Production in Short Term, Commodity Trading Bosses Say Read More »
(Reuters) – U.S. oil and gas lobbying groups said on Tuesday they were wary of President-elect Donald Trump’s threat of tariffs on Canada and Mexico, saying such policies could affect consumers, industry and security. Trump, who takes office on Jan. 20, vowed to impose a 25% tariff on imports from Canada and Mexico, two of …
US Energy Lobbying Groups Wary About Trump Tariffs Threat Read More »
(Reuters) – Australia’s Woodside Energy expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade, its CEO said on Tuesday. “Over the last decade the LNG market grew by 50%. We anticipate it will grow by another 50% in the coming decade,” Meg O’Neill told the Energy Intelligence …
LNG Market to Grow by 50% in the Coming Decade, Says Woodside’s O’Neill Read More »
Citigroup cuts price target on U.S.-based oil and gas companies as challenges for the energy sector carry over into 2025 Brokerage sees no scope for OPEC+ to reverse production cuts in 2025, leaving an est. 8 mln barrels per day (mbpd) of global oil market capacity on the sidelines Says “while we expect OPEC+ to …
Citigroup Sees Energy Challenges Persisting in 2025, Cuts PT on US Oil Firms Read More »
New Fortress Energy Inc. anticipates raising approximately $325 million in gross proceeds through the refinancing.
The global supply of new liquefied natural gas could take longer to come on stream than expected by the International Energy Agency, with predictions differing by a year or more, Norway’s Equinor said on Tuesday. The IEA expects a wave of LNG to come to market in late 2025 or into 2026 as projects are …
New LNG Supply to be Limited in the Next Two Years, Equinor Says Read More »
