NGP-Backed Oil Producers Could Be Private Equity's Next Big Exit in the Permian
NGP Energy Capital Management is looking to sell two shale companies in the region, people familiar with the matter said.
Shell Issues an Upbeat Outlook. The Stock Rises.
The oil-and-gas company says the performance of its oil products division in the first three months is expected to be 'significantly higher' than in the fourth quarter of 2022.
Oil tallies a third straight weekly gain after OPEC+ production cuts
Oil futures score a third straight weekly gain on Thursday, lifted by this week's unexpected production cuts by OPEC+.
Natural Gas Ends Sharply Lower Ahead of Long Weekend
Natural gas prices ended 6.7% lower at $2.011/mmBtu despite bullish inventory data and posted a weekly loss of 9.2% ahead of the long holiday weekend.
OPEC+ Cut Won't Throttle Chinese Oil Demand
The U.S. is looking shaky, but the world's largest energy consumer is still in the early stages of its post-Covid recovery.
Utilities Pursue Pipeline Sales as Natural-Gas Bans Catch On
Possible sales from Dominion Energy and National Grid come as regulators debate fossil fuels' future in home heating and cooking.
BP's Fuel Station Deal Meets Inconvenient Bid
Rival bidder ARKO has offered a higher price for TravelCenters of America. The company doesn't want it.
W&T Offshore Chief Financial Officer Janet Yang Leaving
Independent oil and natural gas producer said Trey Hartman, vice president and chief accounting officer, will serve in interim.
Energy & Utilities Roundup: Market Talk
Find insight on the oil-rig count, National Grid, Energisa and natural-gas prices in the latest Market Talks covering Energy and Utilities.
U.S. Oil and Fuel Inventories Decline Across the Board
Crude-oil inventories fell by a greater-than-expected 3.7 million barrels last week, government data showed, while gasoline and diesel fuel stockpiles also dropped.
(END) Dow Jones Newswires
04-07-23 0015ET
