United States

US Offshore Wind Auction Sets Record

The auction for the three wind leases, leftovers from the 2015 Atlantic wind lease sale, offshore Massachusetts brought in a record $405 million in bids—each for about $135 million.

Dec 14 2018 - 2:13pm

US Oil Drillers Cut Rigs For Second Week In A Row

Drillers cut four oil rigs in the week to Dec. 14, bringing the total count down to 873, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

Dec 14 2018 - 12:12pm

Williams Receives FERC Approval For Gateway Project

Expansion of Transco gas pipeline will help meet growing demand from Northeast markets.

Dec 14 2018 - 10:00am

Carlyle Group Names Manager For US Crude Export Terminal Project

Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Dec. 14.

Dec 14 2018 - 9:16am

Pioneer Natural Resources To Buy Back $2 Billion Of Shares

Pioneer Natural Resources CEO Timothy Dove said the buyback plan was consistent with the priorities of the  Permian Basin-focused company's 10-year plan.

Dec 13 2018 - 7:15pm

Forty Under 40: Charlie Shufeldt, IOG Capital

Charlie Shufeldt, IOG Capital managing director who helped co-found the Dallas-based investment firm after spending the first part of his career at large investment institutions, is today’s Forty Under 40 honoree.

Dec 14 2018 - 8:00am

Trump Tariffs Put Brakes On US Solar

New solar generation capacity coming online in the third quarter was particularly weak because it reflected a delay in projects being given the go-ahead late in 2017.

Dec 14 2018 - 7:00am

Linn Spinoff Riviera Resources Sells Arkoma Basin Assets

Riviera Resources, which formed this year through a spinoff from Linn Energy, said it agreed to sell its roughly 37,000 net-acre position in the Arkoma Basin.

Dec 13 2018 - 10:30am

Mountain Valley Pipeline Project 70% Complete By Year-End

The project targets full in-service for 2019 and reiterates its $4.6 billion cost estimate.

Dec 13 2018 - 9:43am

Poland's PGNiG Receives Spot U.S. LNG Delivery

Polish gas company PGNiG is set to receive a spot cargo of U.S. LNG on Dec. 13 as part of plans to reduce its reliance on Russian imports and to become a bigger player in the LNG market.

Dec 13 2018 - 9:06am