Energy News Results

  • BRIEF-Osisko Green Acquisition Limited Files Preliminary Prospectus For $250 Mln IPO

    * OSISKO GREEN ACQUISITION LIMITED FILES PRELIMINARY PROSPECTUS FOR $250M IPO. * OSISKO GREEN ACQUISITION- UNDER LEADERSHIP OF CEO SEAN ROOSEN, IT WILL SEEK TO FORM A LEADING GREEN ENERGY COMMODITIES COMPANY. * OSISKO GREEN - OFFERING IS FOR CLASS A RESTRICTED VOTING UNITS OF OSISKO GREEN AT AN OFFERING PRICE OF $10.00 PER CLASS A RESTRICTED VOTING UNIT Source text for Eikon:

  • Kazakhstan set to cut LPG exports to feed petrochemical production

    Kazakhstan will export less liquefied petroleum gas next year, freeing up supply for the local petrochemical industry, according to a national plan for developing the petrochemical sector, and the energy ministry. Both Russia and Kazakhstan are working to increase output and exports of so called value added products, diversifying from their main commodities offerings.

  • China Jan-June crude imports see first H1 fall since 2013

    China's crude oil imports fell 3% from January to June versus a year earlier, in the first first-half contraction since 2013, as an import quota shortage, refinery maintenance and rising global prices curbed buying. Imports totalled 40.14 million tonnes last month, data released by the General Administration of Customs showed on Tuesday, equivalent to 9.77 million barrels per day.

  • Guyana re-launches search for company to market government's crude

    Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process "simpler and more competitive," the natural resources minister said on Monday.

  • U.S. oil mergers surge as energy, share prices recover from pandemic

    U.S. oil and gas mergers surged last quarter with the most $1 billion plus combinations since 2014, according to data released on Monday, as rising energy and share prices led to larger oilpatch deals. Producer are consolidating in U.S. shale as oil and natural gas prices recover from last year's pandemic swoon and this month traded at multi-year highs.

  • U.S. oil mergers surge as energy, share prices recover from pandemic

    * U.S. oil mergers hit $33 billion on large number of megadeals. * Combinations of natural gas drillers account for 20% of value. U.S. oil and gas mergers surged last quarter with the most $1 billion plus combinations since 2014, according to data released on Monday, as rising energy and share prices led to larger oilpatch deals.

  • Oil prices fall as economic worries offset tightening supplies

    * G20 says coronavirus variants threaten growth. * OPEC+ impasse continues, stoking price war fears. * U.S. adds oil, gas rigs for another week, data shows. By Noah Browning. Oil prices slipped on Monday as concerns about slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months stalled.

  • COLUMN-Supply struggles, not just demand, are fuelling LNG's price surge: Russell

    By Clyde Russell. The rally in spot liquefied natural gas prices in recent weeks has been framed as being led by robust demand in Asia and in Europe as the northern hemisphere deals with hotter-than-usual temperatures.

  • BRIEF-Contango Reports Signing of Agreement to Acquire Wind River Basin Assets

    Contango Oil & Gas Co (MCF): * CONTANGO ANNOUNCES SIGNING OF AGREEMENT TO ACQUIRE WIND RIVER BASIN ASSETS. * Contango Oil & Gas Co (MCF) - ENTERED INTO AGREEMENT TO ACQUIRE LOW DECLINE, CONVENTIONAL GAS ASSETS IN WIND RIVER BASIN OF WYOMING FROM CONOCOPHILLIPS. * Contango Oil & Gas Co (MCF) - ACQUISITION OF PDP HEAVY RESERVES FOR $67 MILLION IN CASH.

  • TABLE-UAE's Fujairah oil inventory data for week ended July 5

    Fujairah Oil Industry Zone on Wednesday published the following weekly inventory data for oil products for the week ended July 5, according to industry information service S&P Global Platts.

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