Friday, 25 April 2025

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FILE PHOTO: ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Exxon to take up to two years to hit stride with Pioneer purchase

Exxon Pioneer deal will take a while to achieve full synergy as the two oil giants begin to combine operations.

FILE PHOTO: U.S. Rep. Henry Cuellar (D-TX) questions Department of Homeland Security (DHS) Secretary Alejandro Mayorkas during a Homeland Security Subcommittee hearing on the DHS budget request on Capitol Hill in Washington, U.S., April 10, 2024. REUTERS/Michael A. McCoy/File Photo
CourtsNatural GasNewsOilPolitics

U.S. congressman Henry Cuellar indicted on conspiracy, bribery charges

U.S. Representative Henry Cuellar and his wife are accused of accepting approximately $600,000 in bribes from an oil and gas company owned by...

FILE PHOTO: The logo of Houston-based liquefied natural gas company Cheniere seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFinanceLiquefied Natural GasNatural GasNews

LNG producer Cheniere’s export volumes fuel core profit beat

Top U.S. liquefied natural gas producer Cheniere Energy beat adjusted core profit estimates on Friday, as higher-than-expected export volumes countered lower natural gas...

AnalysisBuildingsClimateEfficiencyElectricityEmissionsHydrogenIn-DepthNatural GasPolitics

Public backs move to green home heating but more government support is needed, research shows

Members of the public are open to using alternative green heating, and are willing to tolerate the inconvenience of having it installed. But...

FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsOil

Exxon Mobil completes $60 billion deal for Pioneer Natural

The purchase took place one day after receiving a go-head from the U.S. Federal Trade Commission (FTC) for the deal.

TC Energy Corp. says it has reduced the pressure on a segment of its NGTL pipeline system while an investigation continues into the cause of a rupture that occurred on the line earlier this week. TransCanada's Keystone pipeline facilities are seen in Hardisty, Alta., on Friday, Nov. 6, 2015. THE CANADIAN PRESS/Jeff McIntosh
BusinessNatural GasNewsTransmission

Pipeline operator TC Energy reports $1.20B Q1 profit

TC Energy Corp. reported a first-quarter profit of $1.20 billion, down from $1.31 billion in the same quarter last year, as its revenue...

FILE PHOTO: Green foliage underneath Electricity Pylons divides two sections of burnt out forest in the aftermath of the Bootleg Fire, in Sycan Estates, Oregon, U.S., July 24, 2021. REUTERS/Mathieu Lewis-Rolland/File Photo
AnalysisClimateElectricityEnvironmentNatural Gas

Analysis: Warren Buffett’s PacifiCorp utility singed by wildfires

PacifiCorp faces billions of dollars in potential liabilities from wildfires that have scorched thousands of acres in Oregon and California.

FILE PHOTO: The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. LNG Canada/Handout/ File Photo
Liquefied Natural GasNewsTransmission

US stands to lose Canadian gas after LNG Canada terminal starts up

The start-up of LNG Canada is likely to strain its natural gas supplies and force producers to reduce US exports

Refinery workers walk inside the LyondellBasell oil refinery in Houston, Texas March 6, 2013. REUTERS/Donna Carson/File photo
AnalysisIn-DepthIndustryOil

Analysis: Heavy oil shortage spells higher cost for industry

Mexican export cuts and a rerouting of Canadian output are shrinking limited supplies of heavy crude in the Atlantic basin

FILE PHOTO: Logo of Uniper is pictured at the company's headquarters, as Germany agreed to nationalize Uniper by buying Fortum's stake in the gas importer to secure operations and keep its business going, in Duesseldorf, Germany, September 21, 2022. REUTERS/Wolfgang Rattay/File Photo
BusinessNatural GasNews

Exclusive-Uniper’s dormant gas contracts may pose hurdle to listing

Uniper is looking to the courts to solve the issue of its gas supply contracts that could deter investors upon its return to...

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