This post was originally published on this site Companies with a focus on the oil-rich Permian basin are likely to be at the center of the next wave of consolidation in the U.S. energy sector as favorable oil prices prompt cash-rich drillers to tap into the largest source of shale oil.
Permian In Spotlight as Energy Dealmaking Gathers Steam Read More »
This post was originally published on this site (P&GJ) — Perma-Pipe has been awarded two contracts with a combined value of over $8 million. One of the awarded projects will feed the East African Crude Oil Pipeline, transporting oil to the coast of Tanzania via Perma-Pipe’s XTRU-THERM insulation system.
Perma-Pipe Lands Contract Awards Worth Over $8 Million Read More »
This post was originally published on this site Baker Hughes Co. on Wednesday said it beat first-quarter profit estimates as rising oil prices boosted demand for its equipment and services, sending the oilfield firm’s shares higher.
Oilfield Firm Baker Hughes Beats Profit Estimate, Shares Rise Read More »
This post was originally published on this siteDeepOcean increased its profit last year.
DeepOcean Increases Profit in 2022 Read More »
This post was originally published on this siteThis year has begun with some “macro volatility,” but Baker Hughes Co.’s executive team remains optimistic about the outlook for energy services, particularly for natural gas. The Houston-based oilfield services (OFS) giant kicked off the quarterly earnings season for the energy sector on Wednesday. CEO Lorenzo Simonelli led
This post was originally published on this site Louisiana likely will receive permitting authority over wells designed to capture and store greenhouse gases by the end of the year, U.S. Congressman Garret Graves, who represents a southern section of the state, said on Tuesday.
Official: Louisiana on Track for Carbon Well Permitting by Year-End Read More »
This post was originally published on this siteThe European legislature passed Tuesday tougher emission regulations.
EU Parliament Adopts Tougher GHG Emission Rules Read More »
This post was originally published on this siteWhile onboard with ambitions to transition the US car fleet to electric vehicles, the heavy-duty trucking industry called out the Biden administration for attempting to extrapolate that push to its sector without regard for the complexities and operating conditions that come with moving 72% of the US economy’s
Trucking industry worries US EPA put ‘cart before the horse’ with emissions proposal Read More »
This post was originally published on this site This week, as we pause to mark Earth Day, it’s worth taking the time to highlight the progress that’s been made in recent years to create a more sustainable world, and to reflect on the challenges that still lie ahead.
Innovation Accelerates Drive to Sustainability Read More »
This post was originally published on this siteNatural gas futures climbed for a third day, with seasonal buying, growing confidence in a chillier late-April and softer production all in play. The May Nymex gas futures contract settled Tuesday at $2.366/MMBtu, up 9.1 cents on the day. June futures rose 7.3 cents to $2.517. At A
As Natural Gas Production Dips, Natural Gas Futures Notch Third Straight Gain Read More »
Sign up today and join the Energy Strong Movement for FREE! Stay up to date with vital upcoming events, elections, and key issues. Members will receive emails and newsletters to keep our community informed.
