General

U.S. natgas up 4% as Ukraine war causes global oil and gas prices to soar

This post was originally published on this siteU.S. natural gas futures rose 4% to near a four-week high on Wednesday, gaining some rare support from surging global oil and gas prices as the Russia-Ukraine conflict stokes energy supply concerns. Since the start of the year, the U.S. gas market has mostly shrugged off what was

U.S. natgas up 4% as Ukraine war causes global oil and gas prices to soar Read More »

Exxon CFO puts cost of exiting Russia at 1% to 2% of output and earnings

This post was originally published on this siteMarch 2, 2022 Exxon Mobil Corp’s decision to leave Russia and discontinue oil and gas operations will hit earnings, oil production “any stat you chose” between 1% and 2%, its finance chief said on Wednesday Chief Financial Officer Kathryn Mikells provided the estimate to Wall Street analysts during

Exxon CFO puts cost of exiting Russia at 1% to 2% of output and earnings Read More »

US bans exports of oil refining technology to Russia, Belarus

This post was originally published on this siteThe US will impose new export controls on technology needed by Russia and Belarus to modernize their oil refining sectors, the Biden administration said March 2 as it continued to expand financial penalties against Moscow for the Ukraine invasion. The latest penalties include a measure to extend all

US bans exports of oil refining technology to Russia, Belarus Read More »

Shopping Cart