LS Power Completes Acquisition of Algonquin Power’s Renewables Unit
With the transaction’s closure on Jan. 8, LS Power formed Clearlight Energy to manage the acquired renewable energy assets.
Don’t Be Fooled by Oil’s Strong Start to 2025
Crude’s advance at the beginning of the year won’t last if producers’ track record is any guide. Today, oil strategist Julian Lee looks at the challenges facing OPEC+ plans to raise output this year. The oil market may not be as oversupplied this year as some forecasters have been suggesting. That doesn’t mean it will …
Norway Gas Exports Expected to Stay Close to Last Year’s Record Levels
Norway exported a record amount of natural gas in 2024 and volumes are expected to stay near this level in the coming years, official data and forecasts showed on Thursday. Norway became Europe’s largest supplier of natural gas following Russia’s invasion of Ukraine in 2022, providing about 30% of all gas imports to the European …
Norway Gas Exports Expected to Stay Close to Last Year’s Record Levels Read More »
Oil Prices Edge Higher as Markets Weigh Demand Against U.S. Inventories
Summary • Analysts expect Jan demand to grow by 1.4 mln bpd • US gasoline and distillates stocks rise more than expected • Saudi Arabia crude oil supply to China to fall in Feb (Reuters) – Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite large U.S. fuel …
Oil Prices Edge Higher as Markets Weigh Demand Against U.S. Inventories Read More »
Energy Sector Goes From S&P 500’s ‘Worst to First’ in 2025 Start
Gaining despite Wall Street’s dim outlook for oil and gas stocks Bloomberg News Energy is the star sector of the S&P 500 index in the early days of 2025, shaking off two consecutive years when it was a market laggard, and gaining despite Wall Street’s dim outlook for oil and gas stocks. The S&P 500 Energy Index has …
Energy Sector Goes From S&P 500’s ‘Worst to First’ in 2025 Start Read More »
Canada’s Energy Minister Warns Trump Against Energy Trade War
There’s no way that Canada’s going to stand by and watch the decimation of our industries Bloomberg News The U.S. doesn’t have easy alternatives to Canadian crude oil, uranium, potash and other critical minerals, Wilkinson said. And he warned that nothing is off the table when it comes to potential Canadian trade retaliation, including export taxes. …
Canada’s Energy Minister Warns Trump Against Energy Trade War Read More »
Phillips 66 Makes EPIC Move to Strengthen South Texas Position
Phillips 66’s $2.2 billion deal with EPIC allows for further integration of its South Texas NGL network.
Howard Energy Clinches Deal for EPIC’s Ethylene Pipeline
Howard Energy Partners’ purchase of EPIC Midstream Holdings ethylene pipeline comes days after EPIC agreed to sell midstream NGL assets to Phillips 66 for $2.2 billion.
Shale Outlook Appalachia: Natural Gas Poised to Pay
Increasing gas demand is expected to rally prices and boost midstream planning as a new Trump administration pledges to loosen permitting—setting the stage for M&A in the Appalachian Basin.
Trying to Keep Tabs on the Inflation Reduction Act’s $370B
Several online trackers are following the flow of Inflation Reduction Act money, but a full accounting of the billions already obligated by the Biden administration is a monumental task.