SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut
SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.
IEA: North America to Lead LNG Supply Growth in 2025
U.S. LNG projects ranging from Plaquemines LNG Phase 1 to Corpus Christi Stage 3 are set to account for around three-quarters of the global incremental supply coming online in 2025, according to the Paris-based International Energy Agency (IEA).
Geopolitical Tensions Complicate Oil Price Predictions
Geopolitical tensions around the world are an ongoing wildcard for oil prices in the near-term, according to BOK Financial Securities’ Dennis Kissler. U.S. producers will have to pivot off of whatever hand they are dealt.
Paisie: Oil Prices to Rise in Fourth Quarter
Weakness in crude markets is connected to struggling economies in the U.S., EU and China.
Dividends Declared (Sept. 30 - Oct. 11, 2024)
Here is a compilation of dividends and distributions declared from select upstream, midstream and service and supply companies from Sept. 30 to Oct. 11.
Howard: The Implications of ONEOK's M&A Binge
ONEOK’s M&A binge has propelled it to near the top of the sector. With so much midstream consolidation, what are its implications?
Exclusive: Enbridge’s Next Plans Post Dominion Acquisitions, More LNG
Enbridge’s Allen Capps shares the company’s long term growth solutions, and his optimism on gas prices, following completion of transformational natural gas deals with Dominion, in this Hart Energy Exclusive interview.
Enbridge Closes $3.1B Deal for Public Service Co. of North Carolina
With the deal’s closing, Enbridge said the company is, by volume, the largest gas utility in North America, delivering 9 Bcf/d of natural gas to a base of about 7 million customers.
E&P Highlights: Sept. 30, 2024
Here’s a roundup of the latest E&P headlines, including concessions awarded in the Middle East and updates following Hurricane Helene.
No Shortage of Capital, Shortage of Investable Low-carbon Projects
Investors are looking to the bankability equation—sustainability plus guaranteed returns—and finding that the energy transition’s problem is not a shortage of capital, but a shortage of investable projects.