Imports from Opec members averaged 336,000 b/d in December, down by 237,000 b/d from the previous month and a decline of nearly 1mn b/d from a year earlier. It marked the lowest monthly average for […]
Texas’s grid operator needs to come up with $1.3 billion to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout. The Electric Reliability […]
The second day of marathon hearings on Texas’s unprecedented energy crisis raised concerns about the liquidity of the state’s power market, and who will ultimately pay for the disaster as some companies face bankruptcy. Several […]
During the cold snap that affected much of the central part of the country, U.S. dry natural gas production fell to as low as 69.7 billion cubic feet per day (Bcf/d) on February 17, a […]
The power supply shortages that slammed Texas last week drove spot electricity prices sky-high for some locally owned utilities, with one town on the hook for more than $200 million and other municipalities anxiously awaiting […]
Pioneer Natural Resources CEO Scott Sheffield speaks with Bloomberg’s Alix Steel and Guy Johnson about the progress of his company during Q1 and the energy crisis in Texas that’s left customers with inflated prices on […]
Texas’s grid operator has already seen some retail electricity providers default as bills for last week’s grid emergency come due, officials said Wednesday. The Electric Reliability Council of Texas, known as Ercot, is working to […]
One in every seven Texas gas stations is without fuel a week after the historic freeze crippled refineries and trucking, prompting at least one major retailer in the second-largest U.S. state to seek outside help. […]
While oil’s dizzying collapse is still fresh for many traders, rumblings are starting to emerge that by the end of next year prices could once again top $100 a barrel. Azerbaijan’s Socar Trading SA predicts […]
More content below CDEV +5.9432% Benzinga Insights Tue, February 23, 2021, 3:57 PM·1 min read More content below CDEV +5.9432% Shares of Centennial Resource Dev (NASDAQ:CDEV) moved lower in after-market trading after the company reported Q4 results. […]
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