Subsea 7 today announced that it has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market based in […]
On Friday the Oil Futures ended higher for the fourth month in a row. “Oil futures [markets] remain hyper-focused on draws to U.S. crude and product inventories and are likely positioned on the expectation that […]
ExxonMobil has announced estimated second-quarter 2021 earnings of $4.7 billion, or $1.10 per share assuming dilution, compared with a loss of $1.1 billion in the second quarter of 2020. Second-quarter capital and exploration expenditures were $3.8 billion, bringing the […]
Antero Midstream Corporation (NYSE: AM) (“Antero Midstream” or the “Company”) today announced its second quarter 2021 financial and operational results. The relevant consolidated financial statements are included in Antero Midstream’s Quarterly Report on Form 10-Q for […]
Earnings season is here with us once again, with a quarter of S&P 500 companies having reported second-quarter 2021 earnings. According to FactSet data, 88% of S&P 500 companies have reported a positive EPS surprise, while 86% have reported […]
U.S. exports of liquefied natural gas (LNG) continued to grow in the first six months of 2021, averaging 9.6 billion cubic feet per day (Bcf/d). This average marks an increase of 42%, or 2.8 Bcf/d, […]
Pembina Pipeline Corporation has terminated its previous agreement to buy Inter Pipeline in the latest twist in the biggest multi-billion fight over pipeline resources control in Canada since 2019. On Monday, Pembina Pipeline said it had terminated […]
The U.S. is swimming in so much jet fuel that even this summer’s surge in air travel can’t save the market. Air traffic in the U.S. has jumped to more than 2 million passengers a […]
Investors will be watching for signs that the pickup in commercial activity in recent months is sufficient to support new infrastructure growth opportunities. Many of the companies in the midstream sector have been focusing on […]
India can’t prioritise eliminating greenhouse gas emissions without sufficient financing from richer nations to help offset the high cost of transitioning to clean energy, according to a senior government official. In laying out its position […]
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