World Oil (Bloomberg) — Permian Basin operator Callon Petroleum Co. is considering strategic options amid takeover interest from rival oil and gas players, people familiar with the matter said, as dealmaking accelerates in the U.S. […]
Nasdaq Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying strong production from the United States would moderate any upside in oil prices. […]
World Oil (Bloomberg) — Tokyo Gas Co. said its subsidiary Tokyo Gas America Ltd. will purchase Haynesville shale operator Rockcliff Energy II LLC for about $2.7 billion in a move to expand its U.S. shale […]
India’s liquefied natural gas (LNG) imports rose in November compared to the same month last year, according to the preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell. The country imported about 2.34 […]
Daily Standup Top Stories Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon Mandates December 18, 2023 Mariel Alumit Duke Energy has thrown consumers under the proverbial (electric) bus to make their […]
The COP28 UN climate conference in Dubai ended last week with a flurry of self-congratulatory commentary about the “historic” nature of the final agreement in which parties, for the first time, overtly backed a process […]
This year has seen a flurry of oil mega-mergers worth more than $100 billion. Big deal flow and rising US production point to industry forecasts of big demand for years to come. The “inevitable” consolidation […]
Duke Energy has thrown consumers under the proverbial (electric) bus to make their operations carbon neutral by 2050. As a result, electricity prices in North Carolina may increase by 19% over the next three years. The company’s […]
Attacks linked to war in Gaza are threatening global trade Oil and gas prices jump as big companies avoid Red Sea Shipping in the Red Sea is grinding to a halt with oil tankers idling and […]
FIRST ON THE DAILY SIGNAL—Tennessee Attorney General Jonathan Skrmetti on Monday sued the investment company BlackRock for deceptive practices. “BlackRock has said two things that can’t both be true,” Skrmetti, a Republican, told The Daily Signal in an […]
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