NEW YORK, May 20 (Reuters) – Oil prices eased about 1% on Monday as U.S. Federal Reserve officials said they were awaiting more signs that inflation was declining before the central bank starts cutting interest […]
UAE’s Adnoc has purchased an 11.7 percent stake in the first phase of NextDecade’s Rio Grande LNG export terminal in Texas from Global Infrastructure Partners. Adnoc and NextDecade also entered into a 20-year LNG offtake […]
Huge profits in subprime caused specialized dealers/lenders to take big risks, which came home to roost. But prime auto loans are in pristine shape. By Wolf Richter for WOLF STREET. Subprime doesn’t mean “low income,” it means “bad […]
American consumer interest in buying electric vehicles dipped over the past year due to concerns about charging facilities and high purchase prices, according to a recent study by automotive data and analytics firm J.D. Power. […]
A fact sheet posted on the White House website this week announced that U.S. President Joe Biden is directing his trade representative to increase tariffs under Section 301 of the Trade Act of 1974 on […]
Weekly Daily Standup Top Stories 25 States Sue EPA Over Unachievable Power Plant Regulations May 11, 2024 Stu Turley West Virginia and Indiana are leading a group of 25 states asking for the U.S. Court of […]
Crescent Energy will buy SilverBow Resources in a deal valued at $2.1 billion to create a major player in the Eagle Ford shale formation as the U.S. oil and gas mergers continue in the second […]
The world’s 60 largest banks have invested $6.9 trillion in the oil and gas industry since the Paris Agreement was signed in 2016. Oil Change International reported, $3.3 trillion went towards expanding the production of […]
Japan’s power firm and LNG player, Jera, plans to invest 1-2 trillion yen ($6.47-$12.96 billion) in its liquefied natural gas business by fiscal 2035. Jera unveiled on Thursday its new growth strategy over the next […]
Talk about coming out of left field! When this eventually gets filed in court, it will be crazy to see how this went down in regards to the proxy fight with Kimmeridge! Combined company […]
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