Sunday, June 21, 2026
Petrobras to price its largest share offering in a decade on Feb. 5- oil and gas 360

Petrobras to price its largest share offering in a decade on Feb. 5

Reuters SAO PAULO (Reuters) – Brazil’s Petrobras will price its largest share offering in a decade on Feb. 5, it said in a securities filing on Wednesday, through which development bank BNDES will seek to divest part of its stake in the oil company. The base share offering could raise 19.5 billion reais ($4.66 billion), considering Petrobras’s closing share price

Climate change also poses a threat to oil's exploration budgets, report finds- oil and gas 360

Climate change also poses a threat to oil’s exploration budgets, report finds

Houston Chronicle The growing threat of climate change and the evolving transition toward cleaner energy alternatives are threatening spending on traditional oil and gas exploration worldwide, according to a new report. The largest energy companies are reducing exploration budgets and facing more pressure from shareholders to conduct more exploratory drilling around the world, even amid growing reserves of oil and

BP’s CEO chides AOC and Bernie Sanders for their ‘completely unrealistic’ Green New Deal ideas-oil and gas 360

BP’s CEO chides AOC and Bernie Sanders for their ‘completely unrealistic’ Green New Deal ideas

CNBC Outgoing BP chief Bob Dudley on Wednesday criticized sweeping climate proposals from Sen. Bernie Sanders, a top-tier 2020 Democratic presidential candidate, and Rep. Alexandria Ocasio-Cortez, a champion of the far-left. “They have a completely unrealistic idea of the complexity of the global energy system,” Dudley told CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland. “It’s very complex.” Nearly a year ago, Ocasio-Cortez, with

U.S. OKs Kinder Morgan request to start Texas Lockridge natgas pipe work-oil and gas 360

U.S. OKs Kinder Morgan request to start Texas Lockridge natgas pipe work

Reuters The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday approved Kinder Morgan Inc’s (KMI.N) Dec. 13 request to start construction of its proposed Lockridge natural gas pipeline in the Permian basin in West Texas. The Lockridge project is one of several under development or construction designed to remove gas from the Permian basin in West Texas and eastern New