Downstream

This post was originally published on this site Exxon's Asia Pacific unit will purchase one million tonnes of LNG each year from Venture Global's Plaquemines LNG facility, which is now under construction, and its planned Calcasieu Pass 2 facility. Both are in Louisiana.

This post was originally published on this siteRIO DE JANEIRO, May 10 (Reuters) – U.S. government officials in March asked Brazil’s state-run oil company Petrobras whether it could increase crude output after Russia’s invasion of Ukraine sent global prices soaring, three people with knowledge of the matter told Reuters. They came away empty-handed, the sources

This post was originally published on this siteMay 10, 2022 (Bloomberg) Oil fell for a second day as European Union members continue to discuss Russian oil sanctions, while broader sentiment remained weak over inflation and economic growth concerns. West Texas Intermediate futures fell near $101 a barrel after sliding 6% on Monday. French President Emmanuel Macron and

This post was originally published on this siteMay 10, 2022 (Bloomberg) Equinor ASA sold assets in the North Sea for $1 billion as it seeks to benefit from high oil prices and redirect proceeds to other core businesses. Norway’s largest energy company offloaded its entire share in the Greater Ekofisk Area and a 19% stake in

This post was originally published on this siteMay 10, 2022 (Bloomberg) U.S. retail gasoline and diesel prices rallied to a record just ahead of the nation’s summer driving season, a challenge for President Joe Biden and the Federal Reserve as it combats the fastest inflation in decades.Average gasoline prices hit $4.374 a gallon, according to the

This post was originally published on this siteMay 10, 2022 (Bloomberg) The oil ministers of Saudi Arabia and the United Arab Emirates warned that spare capacity is decreasing in all energy sectors, as products from crude to diesel and natural gas trade near record highs in the wake of Russia’s invasion of Ukraine.“I am a dinosaur,

This post was originally published on this siteMay 10, 2022 (Bloomberg) The invasion of Ukraine has put the U.S. and Europe on a wartime mission to abandon Russian fossil fuels. This series looks at speeding up zero-carbon alternatives by lowering political and financial barriers.  Building big, conventional nuclear power plants is slow and expensive. That’s one reason the industry is staking

This post was originally published on this siteMay 09, 2022 Midland, TX, May 09, 2022 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of gas compression equipment and services to the natural gas industry, announces the following conference call information for their first quarter 2022 earnings release: Earnings Release: Monday, May

This post was originally published on this siteMay 09, 2022  INDIANAPOLIS, May 09, 2022 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (Nasdaq: IEA) (“IEA” or the “Company”), a leading infrastructure company with renewable energy and specialty civil expertise, today announced results for the first quarter 2022. FIRST QUARTER 2022 HIGHLIGHTS (As compared to the

This post was originally published on this siteMay 09, 2022 HOUSTON, May 09, 2022 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the first quarter of 2022. First Quarter 2022 and Recent Highlights Revenue for the first quarter of 2022 was $197.2 million compared to $195.4 million in the first quarter