Shell, Eni assets seized last month by federal government By Camillus Eboh ABUJA, Feb 14 (Reuters) – Royal Dutch Shell and Italy’s Eni have asked a Nigerian court to lift a temporary forfeiture of a long-disputed oilfield, the firms said on Tuesday. A Nigerian court last month ordered the temporary forfeiture of assets and the […]
Shell and Eni ask Nigerian court to lift forfeiture on oilfield: documents Read More »
Rising shale output, trader scepticism impact oil prices By Jessica Resnick-Ault NEW YORK, Feb 14 (Reuters) – Oil prices pared gains after the settlement Tuesday, as evidence of surging U.S. crude oil stockpiles underscored concerns that shale production might limit the effectiveness of an OPEC-led effort to cut global output. Brent crude traded at $55.73 a barrel
Oil prices pull back in post-settlement trade as U.S. stockpiles rise Read More »
2017 pace picking up on rebounding commodity prices, surge in M&A activity Depressed oil prices took the wind out of US oil and gas capital markets in 2016, according to a new report from PLS Inc., a Houston-based oil and gas research firm. Report highlights: 2016 aggregate value of $186 billion across 346 bond and equity
US oil/gas industry raised $186 billion through public offerings in 2016 Read More »
Only after Energy In Depth, other news outlets called them out did the outlet quietly add a correction noting the funding source By Katie Brown, PhD, EnergyInDepth The New York Post reports today that the Rockefellers and New York Attorney General Eric Schneiderman were apparently discussing the #ExxonKnew investigation several months before either the InsideClimate News (ICN)
Renewables gain market share, surpassing natural gas in 2022 and surpassing coal in 2028 in one EIA case The mix of fuels used to generate electricity in the United States has changed in response to differences in the expected cost of fuels and electricity-generating technology costs and their deployment, according to the US Energy Information
Without Clean Power Plan, coal dominates US power generation until 2032 Read More »
Noble Energy loss narrowed to $252 million from $2.03 billion Feb 13 (Reuters) – U.S. oil and gas producer Noble Energy Inc reported a surprise adjusted profit for the fourth quarter, helped by lower expenses and higher oil prices. Oil producers are betting big on a rise in crude prices by raising capital spending and
Noble Energy posts surprise adjusted profit Read More »
US shale output to drop in Bakken by nearly 18,000 b/d NEW YORK, Feb 13 (Reuters) – US shale oil production for March is expected to rise by the most in five months to its highest rate since May last year, government data showed on Monday, as energy companies boost drilling on the back of crude prices
US shale oil output to rise in March to highest in 10 months -EIA Read More »
Dakota Access pipeline could be operational by early May By Timothy Gardner WASHINGTON, Feb 13 (Reuters) – A U.S. federal judge on Monday denied a request by Native American tribes seeking to halt construction of the final link in the Dakota Access Pipeline, the controversial project that has sparked months of protests by activists aimed
Judge denies tribes’ request to block final link in Dakota Access pipeline Read More »
Justin Trudeau says he expects to find “a lot of common ground” with Trump By Andrea Hopkins WASHINGTON, Feb 13 (Reuters) – President Donald Trump said on Monday the United States will be “tweaking” its trade relationship with Canada, stopping short of calling for a major realignment in a development likely to please visiting Canadian
Trump expects only ‘tweaking’ of trade relationship with Canada Read More »
Automakers say fuel efficiency rules would cost thousands of jobs By David Shepardson WASHINGTON, Feb 12 (Reuters) – The chief executives of 18 major automakers and their U.S. units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025. In a letter sent late
Auto CEOs want Trump to order review of 2025 fuel efficiency rules Read More »
