Oil & Gas Roundup: CVX's LNG Stance, EQNR's Project Cancellation & More

It has been a week since both oil and natural gas prices have moved up.The headlines revolved around energy supermajor Chevron’s (CVX) plans on LNG investment and Equinor’s (EQNR) pullout of the blue hydrogen project in its native Norway. Developments associated with SLB (SLB) , TechnipFMC (FTI) and Chesapeake Energy (CHK) also grabbed attention.Overall, it was a bullish seven-day period for the sector. West Texas Intermediate (WTI) crude futures rose around 4.7% to close at $71.92 per barrel, while natural ...