Gunvor Group and Energy Transfer LP signed a 20-year agreement for liquefied natural gas and Energy Transfer...
Gunvor Group and Energy Transfer LP signed a 20-year agreement for liquefied natural gas and Energy Transfer estimates it will provide 2.2 million short tons of LNG per year. The project is another step forward for its Lake Charles LNG project in Louisiana and deliveries for the contract should begin in 2026.
Ranger Oil Unveils Three ‘Bolt-on’ Acquisitions Totaling $64 Million
Ranger Oil Corp. agreed to add 17,000 net acres to its Eagle Ford position...
Ranger Oil Corp. agreed to add 17,000 net acres to its Eagle Ford position through three “bolt-on” acquisitions for a total purchase price of roughly $64 million in cash, the pure-play Eagle Ford Shale producer said on May 3. “As consolidation in the Eagle Ford continues, we see additional attractive opportunities that, at the right valuation, could add both immediate and long-term value to shareholders,” said Darrin Henke, Ranger’s president and CEO.
Worries about China and its nagging COVID-19 lockdowns dragged down oil prices by more than 2%...
Worries about China and its nagging COVID-19 lockdowns dragged down oil prices by more than 2% on Tuesday as Europe moved closer to a total embargo of Russian crude oil. But Oklahoma energy stocks had a good trading day.
West Texas Intermediate crude oil for June delivery in the U.S. dropped $2.76 before settling at $102.41 a barrel in trading on the New York Mercantile Exchange.
Global benchmark Brent crude for July delivery fell $2.61 and closed at $104.97 a barrel on ICE Futures Europe.
June natural gas rose 47 cents to $7.95 per 1,000 cubic feet.
MarketWatch: U.S. stocks end choppy session higher ahead of expected Fed rate increase
Stocks flipped between small gains and losses in a narrow trading range Tuesday, ending the day in the...
Stocks flipped between small gains and losses in a narrow trading range Tuesday, ending the day in the positive territory a day before investors look for the Federal Reserve to deliver a half-percentage point rate hike. The Dow Jones Industrial Average DJIA, 0.20% closed with a gain of around 66 points, or 0.2%, near 33,127, according to preliminary figures, while the S&P 500 SPX, 0.48% rose around 20 points, or 0.5%, to close near 4,175. The Nasdaq Composite COMP, 0.22% posted a gain of around 28 points, or 0.2%, ending near 12,564.
Natural gas futures continued to trend higher for the third-straight session, surging a further ...
Natural gas futures continued to trend higher for the third-straight session, surging a further +51 cents at $7.99 as of 9:48 AM ET,as the country transitioned from colder to warmer temperatures which could increase cooling demand, while expectations of higher demand for U.S. liquefied natural gas also buoyed prices.
