Investors: Energy Transition is on Policy-driven Life Support

Injecting private capital into the energy transition is worrisome because some projects couldn’t survive without government incentives, panelists said at CERAWeek by S&P Global.

Gunvor Group Inks Purchase Agreement with Texas LNG Brownsville

The agreement with Texas LNG Brownsville calls for a 20-year free on-board sale and purchase agreement of 0.5 million tonnes per annum of LNG for a Gunvor Group subsidiary.

Government, Private Sector Learning to ‘Dance’ Towards Transition

Panel: Federal loans will continue to play a major role in advancing newer energy technologies.

Tellurian Executive Chairman ‘Encouraged’ by Progress

Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.

Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat

By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.

New Fortress Energy Sells Two Power Plants to Puerto Rico

New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.

Baytex Prices Upsized Private Placement of Senior Notes

Baytex intends to use the proceeds to pay a portion of outstanding debt on its credit facilities and general corporate purposes.

M4E Lithium Closes Funding for Brazilian Lithium Exploration

M4E’s financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement.

Aramco Reports Second Highest Net Income for 2023

The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.

Duke Energy Appoints Harry Sideris to President

Steve Young, executive vice president and chief commercial officer, will retire from Duke Energy on June 30.