ExxonMobil acquiring Denbury for $4.9bn: Update
ExxonMobil acquiring Denbury for $4.9bn: Update Adds detail on Denbury's CO2 commitments Calgary, 13 July (Argus) — ExxonMobil is acquiring Denbury for $4.9bn in a major push into carbon capture, …
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ExxonMobil acquiring Denbury for $4.9bn: Update Adds detail on Denbury's CO2 commitments Calgary, 13 July (Argus) — ExxonMobil is acquiring Denbury for $4.9bn in a major push into carbon capture, …
Libya's 70,000 b/d El Feel oil field shut down London, 13 July (Argus) — Libya's 70,000 b/d El Feel oil field has been shut down by protesters today, the country's …
US gas prices to rise on relatively flat output: EIA Houston, 11 July (Argus) — US natural gas prices were forecast to continue to rise throughout 2023 as production remains …
Mountain Valley Pipeline suspends new work Washington, 12 July (Argus) — The developer of the $6.6bn Mountain Valley Pipeline will not start new construction activities until it can resolve new …
Germany to rule out aid for non-renewable H2 production Hamburg, 13 July (Argus) — Germany will rule out direct financial support for low-carbon hydrogen production from natural gas and waste, …
US producer prices nearly flat in June Houston, 13 July (Argus) — Prices paid to US producers slowed in June to the lowest annual rate since 2020, another sign of …
Rare Mideast Gulf naphtha shipment could go to Brazil Dubai, 13 July (Argus) — Naphtha from the Mideast Gulf region could go to Brazil in July in a rare arbitrage …
Steel trader Ivancore working to rebuild lines/volume London, 13 July (Argus) — Lugano-based steel trader Ivancore is working to rebuild its credit lines and volumes after a number of staff …
Opec bullish on 2024 oil demand growth London, 13 July (Argus) — Opec sees global oil demand growth reaching 2.25mn b/d next year, only slightly below its forecast increase for …
Heatwave lifts power, coal demand in Vietnam Singapore, 13 July (Argus) — A heatwave in parts of Vietnam has boosted electricity consumption in the country, prompting coal-fired utilities to raise …
Asia-Pacific coking coal: Prices range-bound Singapore, 12 July (Argus) — First-tier Australian coking coal prices edged down as market uncertainty persisted, despite sustained trading. The Argus-as
IEA cuts oil demand growth forecast for 2023 London, 13 July (Argus) — The IEA has downgraded its world oil demand growth forecast for this year by 220,000 b/d, citing …
Australia's Queensland coal exports hit 3½-year high Sydney, 13 July (Argus) — Coal exports from the four biggest ports in Queensland, Australia hit their highest level since December 2019, as …
John Stone offers renewable diesel in USGC New York, 12 July (Argus) — Marine fuel supplier John W Stone Oil Distributor has begun offering renewable diesel for vessels in the …
Net zero 2050 requires wider clean energy uptake: IEA London, 12 July (Argus) — A new energy economy has emerged, but net zero targets for 2050 will not be achieved …
Gas storage levy hike hits eastbound German exports London, 12 July (Argus) — Germany's gas exports to Austria and the Czech Republic have dropped in July, eroded by an increase …
Canada 'confident' on unabated fossil fuels at Cop 28 Brussels, 12 July (Argus) — Canada's environment minister Steven Guilbeault said today that he is "confident" countries "will find an agreement …
Lula and Petro push for regional Amazon protection The Brazilian and Colombian presidents want the eight Acto participants to show a united front in the fight against deforestation, writes Eleonore …
Petrobras expands gas market share until 2034 Sao Paulo, 10 July (Argus) — Brazil's state-controlled Petrobras has further secured its dominant position in the natural gas market for the next …
Brazil gears up for emission compensation market Sao Paulo, 10 July (Argus) — Brazil is positioning itself for a growing emissions compensation market, with legislative proposals for a regulated carb