Wednesday, March 12, 2025
U.S. shale producers reveal extent of hit from Texas freeze- oil and gas 360

U.S. shale producers reveal extent of hit from Texas freeze

Reuters Occidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers on Monday forecast lower oil output in the first quarter, giving the first indications of the hit to the industry caused by last week’s winter storm. Areas of Texas not used to the cold were hit by sub-zero temperatures and record snow falls last

Oil holds near year-long highs as COVID lockdowns seen easing- oil and gas 360

Oil holds near year-long highs as COVID lockdowns seen easing

Reuters LONDON – Oil prices were steady on Tuesday, trading close to more than year-long highs on signs that global coronavirus restrictions were being eased although concerns about the pace of a U.S. economic recovery kept gains in check. Brent crude was up 7 cents, or 0.1%, at $65.31 a barrel by 1505 GMT, still close to its highest levels

Gas to Gaza? The pipeline that might provide a lifeline- oil and gas 360

Gas to Gaza? The pipeline that might provide a lifeline

Reuters JERUSALEM – Talks on a gas pipeline that would cross political faultlines and deliver reliable energy to the impoverished Gaza Strip have moved from the abstract to the concrete in recent weeks, three officials with knowledge of the process told Reuters. For years the project was a distant prospect because of the Israeli-Palestinian conflict – peace talks between the

Biden, Trudeau aim to move past Keystone pipeline disagreement in first bilateral meeting- oil and gas 360

Biden, Trudeau aim to move past Keystone pipeline disagreement in first bilateral meeting

Reuters WASHINGTON/OTTAWA – U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will try on Tuesday to move past an early disagreement after Biden blocked the Canadian-backed Keystone XL pipeline and look to reset relations after the rocky years of Donald Trump. In his first bilateral meeting with a foreign leader since taking office last month, Biden is expected