Tag: oil and gas news

Oil prices drop 1% on Iran nuclear comments

Oil Prices Fall 1% on Iran Nuclear Talk Signals After Iran’s deputy foreign minister said on Tuesday that Tehran was ready to take any necessary steps to reach a deal with the U.S., it resulted in a 1% drop in crude oil prices. Iran, facing a U.S. military strike as threatened by President Trump, said …

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Energy Brief: Fuel Cells, EVs, Oil and Global Power

Bloom Energy Lands $2.65B Fuel Cell Deal Bloom Energy has signed a 20-year offtake agreement with a subsidiary of American Electric Power to supply solid oxide fuel cells valued at $2.65 billion. The company also announced a new partnership with Brookfield Asset Management focused on delivering on-site power solutions for AI data centers worldwide, reflecting …

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Ascent Resources Promotes Brooks Shughart to President

“Brooks Shughart, newly appointed President and CFO of Ascent Resources, Oklahoma City-based natural gas producer.”

Ascent Resources Names Brooks Shughart as President OKLAHOMA CITY — Ascent Resources, LLC, one of the nation’s largest private natural gas producers, announced a major leadership change this week. The company promoted Brooks Shughart, currently Chief Financial Officer, to President of Ascent and its subsidiaries. Expanding His Role Shughart will continue serving as CFO while …

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