Try Forbes Premium Income Report for 90 days with no obligation. The U.S. has more than 2.6 million miles of pipelines. They deliver trillions of cubic feet of natural gas and hundreds of billions of ...
Tag: natural gas
Rystad Energy, Enverus See Booms In LNG And CCUS Investment Coming
LNG (Liquefied natural gas) tanker Rudolf Samoylovich, sailing under the flag of Bahamas, moors at … [+] the dock of the Montoir-de-Bretagne LNG Terminal near Saint-Nazaire, western France, on M...
The U.S. May Have Inflation Issues, But Take A Look At Europe
A customer pays for his fruit and vegetables with a ten pound sterling note, at a trader’s market … [+] stall in London on May 12, 2022. – Britain’s economy shrank in March on ...
Warren Buffett’s Berkshire Hathaway Cleared to Buy as Much as Half of Occidental’s Shares
Warren Buffett’s Berkshire Hathaway has the green light from regulators to purchase as much as 50% of Occidental Petroleum Corp.’s shares, after seeking approval for such a transaction in July. In a r...
Warren Buffett Not Expected to Bid for Control of Occidental Following Stake Boost
Warren Buffett’s bid to boost his big stake in Occidental Petroleum even further isn’t expected to serve as a prelude to a full takeover of the resurgent energy company by the widely watched billionai...
8 Stocks That Look Like Good Buys as Natural-Gas Prices Get Pumped Up
Elias Stein Text size Two commodities that power the world are taking divergent paths, and it could have a big impact on consumers in the coming months. Crude oil is down some 25% from its highs, but ...
Berkshire Hathaway Can Acquire Up to 50% of Occidental Petroleum, Filing Says
Text size Berkshire Hathaway currently has a 20% stake in Occidental. Callaghan O’Hare/Bloomberg Occidental Petroleum stock jumped Friday after Berkshire Hathaway got approval from the Federal E...
Europe’s Self Inflicted Oil Crisis And The Saudis Last Laugh With U.S.
President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam … [+] Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. (Photo by Royal Court of Saudi Arabia...
Berkshire 13F: Buffett Likely Bought Apple, Chevron, and Occidental Stock
Text size CEO Warren Buffett and his investment lieutenants didn’t buy as much stock in the second quarter as they did in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
LNG, Fastest-Growing U.S. Export Since Covid-19, Heading To Europe
The fastest-growing markets for U.S. LNG are all in Western Europe, in response to the Russian … [+] invasion of Ukraine. ustradenumbers.com The fastest-growing top 100 U.S. export from pre-pand...
What Color Is Your Hydrogen? Not All Hydrogen Is Clean.
Green hydrogen is made by using clean electricity from renewable energy technologies to electrolyse … [+] water (H2O), separating the hydrogen atom within it from its molecular twin oxygen. gett...
Berkshire Now Holds 20% of Occidental Petroleum
Text size Berkshire CEO Warren Buffett has steadily accumulated Occidental stock this year. AFP via Getty Images Berkshire Hathaway now owns just over 20% of Occidental Petroleum after about $400 mill...
Hydrogen A Winner As Manchin Forces A Diverse Energy Transition Policy Approach
WASHINGTON, DC – AUGUST 7: Sen. Joe Manchin (D-WV) talks to reporters during amendment votes, also … [+] called the “vote-a-rama”, on the Inflation Reduct Act at the U.S. Capit...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...
Enverus Lowers Oil Price Forecast, Rig Count Drops Amid Record Industry Profits
A new report from energy analytics and intelligence firm Enverus projects oil prices to continue to … [+] decline through the end of 2022. getty In the latest signal of a faltering oil market, e...
Occidental Petroleum Tops Profit Estimates, Pays Down Debt
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ’s second-quarter earn...
Big Oil Could Pay Up to $25 Billion in New Taxes Under Dems’ Inflation Bill
Text size An oil pumpjack Spencer Platt/Getty Images Oil stocks were poised to open lower Monday as investors reacted to the news that the Democrats’ climate change measure could cost oil companies, b...
ExxonMobil-Led Consortium Bucks Oil Industry Trends In Guyana
The Liza Destiny FPSO operating in deep waters offshore Guyana. ExxonMobil I wrote a few days ago about a new study from Rystad Energy which illustrates the scope and global importance of the developm...
Senate Climate Bill Is a Boon for Fossil Fuels
WASHINGTON—Senate Democrats are moving forward on the costliest and most ambitious effort ever by the U.S. to address climate change—powered in part by benefits for fossil fuels and the broader energy...
New Oil Power Guyana On Pace To Surpass U.S. Offshore By 2035
Morning above Guyana highlighted in red on model of planet Earth in space. 3D illustration. Elements … [+] of this image furnished by NASA. 3D model of planet created and rendered in Cheetah3D s...
U.S. Natural Gas Production Set A New Record In 2021
23 February 2022, Netherlands, Rotterdam: Tanks in the port of Rotterdam Photo: Federico … [+] Gambarini/dpa (Photo by Federico Gambarini/picture alliance via Getty Images) dpa/picture alliance ...
Oil Doesn’t Have to Boom for These Companies to Thrive
Oil-and-gas companies aren’t anywhere close to drilling as much as they did in 2014, but some oil-field service companies are squeezing out profit as if they were. Schlumberger said on Friday that its...
Natural Gas Gives Lebanon Hope, Hezbollah Demands It Be Squandered
Lebanon in crisis Canva Less than two years after a catastrophic explosion nearly leveled whole parts of Lebanon’s capital, Beirut, plunging the country into economic disrepair and social despai...
Berkshire Nears 20% Stake in Occidental Petroleum After New Buys
Text size Berkshire CEO Warren Buffett has been steadily adding to his company’s position in Occidental for months. Andrew Harrer/Bloomberg Berkshire Hathaway continues to add its stake in Occid...
Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.
Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK.B, +1.26% ...