Ok, being an oilman all of my life, I have never seen a pricing matrix mess like the one the world is facing now. OPEC had lost its iron fist control over pricing, and only […]
PDC Energy Inc. PDCE, 15.55% announced Monday an agreement to buy Great Western Petroleum LLC, a Denver-Julesburg Basin operator, in a cash-and-stock deal valued at $1.3 billion. Oil and gas producer PDC said the acquisition will be […]
February 28 (Renewables Now) – US oil giant Chevron Corp (NYSE:CVX) has struck a USD-3.15-billion (EUR 2.8bn) deal to take over Renewable Energy Group Inc (NASDAQ:REGI) in pursuit of its objective to grow renewable fuels […]
LONDON, Feb 27 (Reuters) – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move […]
BERLIN, Feb 28 (Reuters) – E.ON (EONGn.DE), Europe’s largest operator of energy networks, rejected demands to shut down the Nord Stream 1 gas pipeline as part of sanctions against Russia for invading Ukraine, the company told […]
Feb 28 (Reuters) – Citigroup Inc’s(C.N)total exposure to Russia amounts to nearly $10 billion, the bank said on Monday, higher than previously communicated, following questions over whether it will have to set aside funds to […]
NEW YORK/LONDON, Feb 28 (Reuters) – The Russian ruble hit record lows on Monday while world stocks slid and oil prices jumped after the West ramped up sanctions against Moscow over its invasion of Ukraine, […]
VILNIUS/WARSAW, Feb 28 (Reuters) – A natural gas pipeline called GIPL linking Poland and Lithuania will open on May 1, earlier than the scheduled mid-2022 start, linking the Polish grid with a route to a […]
In our February Short-Term Energy Outlook (STEO), we introduced new forecasts of U.S. production, consumption, and the net of imports less exports of biodiesel, renewable diesel, and other biofuels in the United States. This new […]
February 28, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) February 2022 In our February Short-Term Energy Outlook (STEO), we introduced new forecasts of U.S. production, consumption, and the net of […]
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