Pioneer Natural, Devon profits beat as oil prices rebound

[ad_1] May 4 (Reuters) – U.S. shale producers Pioneer Natural Resources (PXD.N) and Devon Energy Corp (DVN.N) beat Wall Street expectations for first-quarter profits on Tuesday, as COVID-19 vaccine rollouts…

Banking turmoil means recession fears are creeping back

[ad_1] March 29 (Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse’s rescue, and the ensuing turmoil in world markets have…

Ovo Energy plans takeover of Shell gas and electricity arm – Sky News

[ad_1] March 29 (Reuters) – Ovo Energy is planning a takeover of Shell Plc’s (SHEL.L) UK gas and electricity business, a move that would allow the British retail energy supplier…

SocGen says it has pulled out of Texas LNG project

[ad_1] PARIS, March 28 (Reuters) – Societe Generale (SOGN.PA) pulled out of Texas-based energy company NextDecade’s (NEXT.O) Rio Grande Liquefied Natural Gas (LNG) project last year, the French bank disclosed…

Southern targets Dec start for new Georgia Vogtle 3 nuclear reactor

[ad_1] April 29 (Reuters) – U.S. energy company Southern Co (SO.N) said Thursday it was targeting a December in service date for the third reactor at its Vogtle nuclear power…

EXCLUSIVE OPEC told to expect limited U.S. oil output growth, for now – sources

[ad_1] Shale outlook discussed at Tuesday OPEC technical meeting U.S. output growth seen at about 200,000 bpd in 2021 Capital discipline remains focus for shale companies, OPEC told OPEC meets…

Kremlin eyes object found next to Nord Stream pipeline

[ad_1] MOSCOW, March 24 (Reuters) – The Kremlin on Friday said it was important to identify an object discovered next to one of the Nord Stream pipelines, and said the…

U.S. worried energy supply not meeting demand, top Biden adviser says

[ad_1] BRUSSELS, Oct 7 (Reuters) – President Joe Biden’s national security adviser urged energy suppliers on Thursday to lift flows to meet demand, saying that the United States was concerned…

Naturgy’s main shareholders not selling, although IFM bid is ‘reasonable’ -board

[ad_1] Three main shareholders will not tender shares Naturgy must assess impact of offer on corporate governance Naturgy board warns of impact of recent regulatory changes MADRID, Sept 17 (Reuters)…

Analysis: U.S. wants more oil, but OPEC+ can’t turn on the tap much harder

[ad_1] OPEC+ worries faster supply hike may cause glut in 2022 Yet OPEC+ already struggling to pump more oil Biden seeks oil stocks release as OPEC+ sticks to plan Faster…