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...This includes the CPC pipeline carrying oil from Kazakhstan through Russia to the global market. Western companies including ExxonMobil and Chevron use the pipeline, which Moscow briefly shut in 2022....
...NuStar, headquartered in San Antonio, operates 9,500 miles of pipelines and more than 60 terminal and storage facilities for crude and refined products....
...“The environment right now is very positive for the oil and gas industry,” Alan Armstrong, chief executive of Williams, the biggest US gas pipeline company, told the Financial Times....
...The Bureau of Land Management said on Friday it had finalised a rule that would raise royalty rates companies must pay the government as well as increase the minimum bond associated with the clean-up of...
...Sawan also said that the company “strongly, strongly believed” in liquified natural gas. The company expects 50 per cent growth in the global supply of the chilled fuel by 2040....
...Roche has cut a fifth of its drug pipeline in six months, shedding prospective cancer and neurology treatments as the Swiss company seeks to revitalise its business under new chief executive Thomas Schinecker...
...Darren Woods received salary, stock options and a bonus amounting to $36.9mn in 2023, the US’s biggest oil company reported in a securities filing on Thursday....
...“We tried to help them address the issues they had raised,” Mike Wirth told the CERAWeek energy conference in Houston....
...Good morning and welcome back to Energy Source, coming to you from Houston....
...It “bodes well” for gas consumption, said Colin Gruending, an executive vice-president at pipeline group Enbridge. “Intermittent renewables is not going to cut it.”...
...Danny Brown, chief executive of Chord, said the deal would “further strengthen” its position in the basin “and represents a compelling opportunity for both companies’ shareholders”....
...But Darren Woods insisted the companies — and their leaders — would be able to maintain a “collaborative” relationship. Read more here...
...Danny Brown, chief executive of Chord, said the deal would “further strengthen” its position in the basin “and represents a compelling opportunity for both companies’ shareholders.”...
...The IPO pipeline for 2024 is likely to be filled by smaller names with more pressing funding needs. elaine.moore@ft.com...
...Germany over the country’s energy policy, Krebber said then-chancellor Angela Merkel’s decision in 2011 to shut down its nuclear fleet without replacing the fuel with another energy source aside from Russian pipeline...
...Both companies hold stakes in the oil rich project off the coast of the South American nation, which has been the focal point of the deal....
...Both companies hold stakes in the oil-rich project off the coast of the South American nation, which has been the focal point of the deal....
...Then, a mere 10 hours before the bankruptcy filing, a company lawyer changed the address of the shell corporation to a post office box in Houston....
...ConocoPhillips promised to keep showering returns on shareholders as it joined the roll-call of oil companies to report bumper 2023 earnings....
...The company – which also owns America’s biggest utility, Florida Power and Light – increased its orders backlog for renewables and battery storage by 9,000 megawatts in 2023....
Middle East turmoil no longer poses such a threat to the world’s thirstiest petrol consumers
...With assets worth $134bn, Berkshire Hathaway Energy supplies 12mn electric and gas customers, maintains more than 30,000 megawatts of power generation capacity and owns a 21,000-mile natural gas pipeline...
...Companies rarely go to court to block shareholder motions, and Exxon’s case marks the first time it has done so. Read more here....
...The biggest US renewable energy developer has expressed confidence that Republicans would not follow through on threats to rip up the Inflation Reduction Act if they win this year’s election, as the company...
...Welcome back to Energy Source, coming to you from Houston....
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