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'The current forecast projects approximately 367,790 Megawatts of demand in the ERCOT Region by 2032', ERCOT said.
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There is a high risk being short energy and betting on any immediate political resolution in the Iran conflict, according to SEB Commodities Analyst Ole R. Hvalbye.
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GeoPark's divestments in Ecuador and Brazil reduced production but its active countries of operation, Colombia and Argentina, posted increases.
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Trump ordered the U.S. Navy to shoot any boat putting mines in the strait.
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The Houston-based private equity firm completed a capital raise to launch two oil and gas investment funds, attracting a total of around $1.1 billion.
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'The strategic combination will create a recognized leader in offshore operations through a diversified and expanded high-specification fleet of specialty vessels, supported by subsea robotics, well intervention and technical service capabilities'.
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BP Plc faced a shareholder backlash at its annual general meeting.
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Oil prices rose sharply as escalating Iran conflict risks threatened flows through the Strait of Hormuz.
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'Two primary headwinds impacted the quarter: meaningful margin pressure in our fertilizer business and lower than anticipated contribution by the transportation business'.
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Europe's biggest oil refinery is working flat out to produce jet fuel.
