A Kuwait Petroleum Corp.-owned firm plans to borrow up to $2.6 billion from banks and export credit agencies to build a LNG import terminal, banking sources said on May 23.
South Korea's SK Holdings said in a statement that the investment in Brazos Midstream would be made through its U.S.-based unit Plutus Capital.
East Daley predicts 14% growth in earnings for the U.S. oil and gas sector which would give the industry consecutive years of double-digit growth.
Pennsylvania-based Empire Energy has seen its Australian Securities Exchange share price shoot into the stratosphere.
WhiteWater Midstream on May 2 announced the execution of multiple transportation and interconnect agreements for its Delaware Basin Agua Blanca pipeline, which is a joint venture between WhiteWater and WPX Energy (NYSE: WPX).
An audit of Saudi Aramco's oil reserves—an essential part of the preparatory work for its planned initial public offering—has found the state oil giant to have higher reserves than it previously reported, sources familiar with the matter told Reuters.
BP Chief Executive Bob Dudley on April 24 urged Cambridge University not to yield to pressure from hundreds of students and academics to cut its investments in fossil fuels and pointed to BP's donations to the university.
The fact higher oil prices have not yet trickled down into shares leaves a lot of room for gains, analysts say.
Positive signs for stocks of energy companies have emerged lately making the sector more attractive for investors, analysts say.
Capital efficiency is the watchword today for those running, investing in or financing E&Ps.