Tag: Energy sector

The West Texas Intermediate (WTI) Crude Oil price is holding steady above $67.00 per barrel amidst escalating tensions between Russia and Ukraine. This stability comes after a recent decline in prices due to fears...

President Donald Trump recently announced that Chris Wright, the CEO and founder of Liberty Energy, will be taking on the role of United States Secretary of Energy in his new administration. Trump expressed his...

Gazprom, the Russian energy giant, has been ordered to pay €13 billion to Germany's Uniper after failing to fulfill gas orders following the war in Ukraine. This ruling allows Uniper to officially cut ties...

Baker Hughes Signs Major Contract with Petrobras for Offshore Services in BrazilBaker Hughes, a leading global energy technology company, has recently secured a significant contract with Petrobras, the Brazilian state-run oil company. The contract...

Fluxus Expands its Presence in Latin America with Acquisition of Pluspetrol BoliviaBrazilian oil and gas company Fluxus has recently acquired Pluspetrol Bolivia in a strategic move to strengthen its foothold in the region. The...

Topaz Energy Hits New 52-Week High Amid Analyst Ratings ChangesShares of Topaz Energy Corp. reached a new 52-week high at $23.19 on Monday, with a trading volume of 65314 shares. The company's stock had...

Oil and Gas Industry Leaders Testify Before House of Commons on Climate ChangeCEOs and executives of major oil and gas companies in Canada faced questioning on Thursday before the House of Commons environment committee....

Woodside Secures $1 Billion Japanese Loan for Flagship Australian LNG ProjectAustralia's leading energy company, Woodside Energy, has made headlines with its recent announcement of securing a massive $1 billion loan from the Japan Bank...

Double Eagle Considers $6.5 Billion Asset Sale in Permian BasinIn a recent report by Reuters, it was revealed that Double Eagle, a privately-held Permian basin producer, is contemplating a massive asset sale potentially exceeding...

Investors Divided Over Chevron Deal as Hess Shareholders VoteIn a pivotal moment for both companies, Hess Corp shareholders are set to vote on Chevron's proposed $53 billion acquisition. However, the decision has been met...