Investment firm Aethon explores options for $10 billion US ...
1 day ago · LNG. U.S. energy-focused investment firm Aethon Energy Management is exploring options for its natural gas production and midstream assets that include a sale or an initial public offering at a valuation of about $10 billion, including debt, people familiar with the matter said on Tuesday. The deal deliberations come as the boom in artificial ...
US sets methane fee on oil, gas emitters as Biden term winds ...
1 day ago · The fee will start at $900 per metric ton of methane emitted in 2024, and increases to $1,200 in 2025, and $1,500 for 2026 and beyond. Under the rules, it would only apply to facilities that release more than 25,000 tons per year of carbon dioxide equivalent, according to the Environmental Protection Agency’s announcement.
Canada steadfast on climate plan despite Trump re-election ...
1 day ago · OTTAWA – Donald Trump’s re-election in the United States will not impact Canada’s commitment to fighting climate change, Environment Minister Steven Guilbeault said Tuesday. Guilbeault is in Azerbaijan this week for the annual United Nations climate change conference, which includes discussions about each country’s progress toward ...
Trump worries and leader absences cloud COP29 climate summit ...
2 days ago · The annual U.N. climate summit began on Monday with some prominent leaders planning to skip the event ahead of tough talks on finance and trade, after a year of weather disasters that have emboldened developing countries' demands for cash. Delegates gathering in Azerbaijan's capital, Baku, hope to resolve the COP29 summit's top agenda item –
US LNG developers see Trump win lifting pall over expansions
6 days ago · U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans. Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits.
US oil and gas rig count holds steady for record third week ...
5 days ago · U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged for a record third week in a row, according to energy services firm Baker Hughes’ data going back to 1987. The oil and gas rig count, an early indicator of future output, was steady at 585 in the week to Nov. 8, Baker Hughes said on Friday. Baker ...
Cenovus Energy announces renewal of share buyback program
6 days ago · CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that the Toronto Stock Exchange (“TSX”) has approved the renewal of the company’s normal course issuer bid (“NCIB”) to purchase up to 127,489,549 common shares during the 12-month period commencing November 11, 2024 …