Like E&Ps, oilfield services companies are prioritizing cash generation and distributions to shareholders which could be a constraint on the industry’s growth. Supply chain problems are a common issue across the industry. New Wood Mackenzie […]
The greenies’ dream of “clean” (except for millions of dead birds) energy from wind farms is dying in the face of the poor economics (even with tax subsidies) and unreliable technology. The big players in […]
ENB Pub Note: This will only “lite the fire” for the gas stove ban. Natural gas prices skyrocketed in New York and Boston as bitter cold descends, boosting demand for the furnace fuel. Next-day […]
Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]
That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather in the U.S. Lower 48 states was the second warmest on […]
Senator Joe Manchin accused US Treasury Secretary Janet Yellen of “not following the law” on electric vehicle tax credits as automakers push the Biden administration to apply broad interpretations to a bill that he largely […]
The company seeking to build a controversial carbon dioxide pipeline through five states is offering to pay as much as $19 million for cooperation from an Illinois county that last fall passed a two-year moratorium […]
US mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022, an estimated $3.6 billion (~3.8%) increase over the 2021 revised total of $94.6 billion, the US Geological Survey announced Thursday. This information comes […]
HOUSTON, Feb 1 (Reuters) – U.S. energy pipeline operator Enterprise Products Partners (EPD.N) was bullish on oil production from the top U.S. shale basin, the firm said on Wednesday, predicting that international demand for U.S. oil and […]
(Reuters) The European Union’s ban on Russian fuel imports that begins next week is expected to keep profit margins high this year at U.S. oil refiners, executives said, as global fuel trade shifts. A Feb. […]
Copyright © 2025 | Sandstone Group