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Finance

Oil
Crude Oil News

Oil settles flat, economic headwinds counter potential supply threats

April 16, 2024 Mariel Alumit

HOUSTON, April 16 (Reuters) – Oil prices settled flat to marginally lower on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with eyes on Israel and its pending response to Iran’s […]

Yen
Finance

Yen Drops to 155 against USD. Currency Collapse at Work, -32% against USD since 2021, -50% since 2012

April 16, 2024 Stu Turley

Turns out, collapse of the currency is the price Japan is now paying for years of crazed monetary policies. By Wolf Richter for WOLF STREET. Today, the yen dropped to ¥154.7 to the USD, a 34-year low, despite […]

Fluxys
Finance

Fluxys buys stake in Mukran LNG pipeline

April 16, 2024 Mariel Alumit

A unit of Belgian LNG terminal operator Fluxys has purchased from Germany’s Gascade a 25 percent stake in the offshore pipeline that connects the Deutsche ReGas-operated Mukran LNG terminal with the German gas transmission network […]

TotalEnergies
Finance

TotalEnergies: average LNG price down in Q1

April 16, 2024 Mariel Alumit

French energy giant TotalEnergies, one of the world’s largest LNG players, reported a drop in its average price for equity liquefied natural gas sales in the first quarter of this year. TotalEnergies said on Tuesday […]

Big Oil Companies

Gas, oil and geopolitical updates

April 16, 2024 Andy Del Prado

Daily Standup Top Stories What’s Next for Oil? Analysts Weigh In After Iran’s Attack April 15, 2024 Mariel Alumit Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action […]

Shell
Big Oil Companies

Why ‘the dam would break’ if Shell quit the FTSE

April 15, 2024 Mariel Alumit

Endless hours have been spent imagining a world without oil as net zero looms decades in the future. In London, however, stock exchange chiefs face the prospect of a more immediate – and more worrying […]

Oil
Crude Oil News

What’s Next for Oil? Analysts Weigh In After Iran’s Attack

April 15, 2024 Mariel Alumit

Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action to the notion that the strike was well-flagged beforehand, and expectations that the conflict will remain contained in […]

EQT
Finance

EQT Announces Non-Operated Asset Transaction with Equinor

April 15, 2024 Mariel Alumit

PITTSBURGH , April 15, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT”) announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas assets in Northeast Pennsylvania, […]

US Regional Banks
Finance

US Regional Banks Dramatically Step Up Loans to Oil and Gas

April 15, 2024 Mariel Alumit

(Bloomberg) — A group of US regional banks is ratcheting up lending to oil, gas and coal clients, grabbing market share as bigger European rivals back away. The list of banks includes Citizens Financial Group […]

FID
Big Oil Companies

ExxonMobil Makes FID on 6th Project in Contested Guyana Asset

April 15, 2024 Mariel Alumit

Exxon Mobil Corp. has made a final investment decision (FID) for the Whiptail development offshore Guyana after receiving government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately […]

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