Focus on Business
US extends comment deadline on Biden-era LNG study to protect approvals
WASHINGTON (Reuters) – The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming...
Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit
By Vallari Srivastava (Reuters) – U.S. pipeline operator Kinder Morgan said on Wednesday it remains bullish on growth in demand for natural gas...
SLB’s Russian assets valued at $600 million in 2024, unchanged from 2023
(Reuters) – Top U.S. oilfield services company SLB said its net assets in Russia amounted to about $600 million at the end of...
Lyondell to begin closure of Houston refinery this weekend, sources say
By Erwin Seba HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people...
Ofgem boss demands new powers to recoup cash when energy firms collapse
The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go...
Pilot scheme to help oil and gas workers transition to renewables launches
Oil and gas workers looking to transition into careers in the renewables industry will be given greater support under a new pilot scheme...
Portugal’s EDP confident of its US plans despite Trump wind review
By Marwa Rashad DAVOS, Switzerland (Reuters) – EDP is confident its existing U.S. onshore projects will not be affected by President Trump’s wind...
LNG exporter Venture Global cuts target valuation for US IPO to $65.3 billion
LNG exporter Venture Global has significantly reduced the valuation it was seeking for its U.S. initial public offering.
Aptiv to separate electrical distribution systems business
By Nathan Gomes (Reuters) -Aptiv said on Wednesday it would separate its electrical distribution systems (EDS) business into a new company, as it...
