Phillips 66 Raises Quarterly Dividend by 10 Percent
'The dividend increase reflects the confidence we have in our growing mid-cycle cash flow generation and disciplined approach to capital allocation'.
Chesapeake-Southwestern Merger Delayed as FTC Requests More Info
Chesapeake said that the merger is now expected to be completed in the second half of the year.
DeepOcean Scores 4-Year Frame Agreement with Equinor
The four-year agreement has options for an extension of up to four more years.
Draft Energy Transition Related Principles Published for North Sea Players
'Stakeholders in the UK offshore sector will be asked to commit to a set of principles to help the sector achieve the energy transition through digitalization'.
Baker Hughes to Provide Cedar LNG with Electric-Driven Tech
Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors.
ION Clean Energy Secures $45MM Investment
Chevron New Energies and Carbon Direct Capital have invested $45 million in ION Clean Energy.
EOG Resources President Helms Retires
Helms will retire next month.
Panoro Advances Plans for Equatorial Guinea Offshore Block PSC
Block EG-23 is located offshore Equatorial Guinea north of Bioko Island and adjacent to the producing Alba gas and condensate field.
Greece to Provide $1.1B in State Aid for Two Solar, Energy Storage Projects
Greece received European Commission clearance for $1.1 billion in state support for two solar photovoltaic farms with a combined capacity of 813 MW.
Egypt to Import More LNG over Next Four Months to Ensure Summer Supply
Egyptian Natural Gas Holding is aiming to import at least one LNG shipment a month through July or August.
Transocean Secures Contract Extension for Deepwater Asgard
Deepwater Asgard has been tapped by an independent operator in the U.S. Gulf of Mexico.
Senegal's New Leader Announces Audit of Oil, Mining Industries
The West African nation is preparing to open the taps this year on the $4.8 billion Grand Tortue Ahmeyim liquefied natural gas project.
Saudi Arabia Hikes Key Oil Prices Further as Market Tightens
Saudi Arabia hiked the price of its flagship crude to its main buyers in Asia for next month.
Oil Holds Above $90 as Middle East Tensions Rise
Oil held above the $90-a-barrel threshold as escalating tensions in the Middle East prompt a dramatic repricing of geopolitical risks.
US Sanctions Tanker Operator Linked to Iran
Oceanlink Maritime DMCC is accused of transporting commodities for Iran's military.
US FERC Opens Comment on Environmental Report for Kennebec Hydro Projects
The comment solicitation concerns Brookfield's applications 2022 to amend three existing licenses and a relicensing application, which have a combined generation capacity of about 47 MW.
USA Gasoline Price Higher Than a Year Ago
The average U.S. regular gasoline price is higher than a year ago, according to data on the AAA Gas Prices website.
Enterprise Products to Build New Gas Facility in Delaware Basin
The new facility will have the capacity to process more than 300 million cubic feet per day (MMcfpd) of natural gas.
Oil's Under the Hood Signals Tell Tale of Very Bullish Market
The global oil market has gone from languid to lively in the space of a few weeks.
Analysts Look at SLB-ChampionX Deal
EIR said SLB acquiring ChampionX 'is a play to capture upstream OPEX for the future'.
