Industry News

Trump Tariffs Shake Global Commodity Markets

Industry News - 6 hours 31 min ago
Oil and industrial metals declined as President Trump's renewed tariff threats against Canada and Mexico stoked fears of slower global growth, while gold rose as a haven for cautious investors.

Rare Winter Storm Tests Texas Grid, Triggers Blizzard Warning in Louisiana

Industry News - 7 hours 27 min ago
'The system is going to drop a blanket of snow across the entire Gulf south'.

EIA Forecasts Continued Increasing USA Crude Oil Production in 2025, 2026

Industry News - 11 hours 24 min ago
The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook.

Eni to Acquire Stake in Two Solar Farms, BESS Project in California

Industry News - 13 hours 57 min ago
'Through this transaction we position ourselves in the California market, one of the most relevant for the development of renewables, further diversifying Plenitude presence in the United States'.

Aramco CEO Sees 'Good' China Oil Demand Driving Growth

Industry News - 14 hours 27 min ago
China is still driving growth in global oil demand, the head of Saudi Aramco said.

SEB Analyst Says Brent Oil Was Ripe for Correction

Industry News - 15 hours 31 min ago
Bjarne Schieldrop, the chief commodities analyst at SEB, said Brent crude was 'ripe for a correction lower'.

H&P Closes KCA Deutag Acquisition

Industry News - 16 hours 27 min ago
With the acquisition, H&P said it expects to deliver near- and long-term growth and value creation by accelerating its international growth strategy by 'significantly increasing' its Middle East presence.

President Trump Issues Raft of Energy Orders

Industry News - 16 hours 54 min ago
Donald J. Trump issued a raft of energy orders during his first day as the 47th President of the United States.

OMV, Airbus Partner to Promote SAF Deployment

Industry News - 17 hours 13 min ago
'OMV and Airbus will explore joint solutions to broaden the voluntary access to SAF for various customer groups, aimed at stimulating new demand and thereby supporting large-scale investments in new SAF production facilities'.

AD Ports, Kazmortransflot Ink Preliminary Deal on Fleet Expansion

Industry News - 18 hours 15 min ago
Kazmortransflot and AD Ports signed heads of terms to grow their cooperation including by expanding their transport fleet.

Naftogaz Posts Higher Annual Gas Production

Industry News - 19 hours 52 min ago
The Ukrainian state-owned company produced 490.87 billion cubic feet of natural gas last year.

SLB Posts Higher Annual Revenue, Raises Dividend

Industry News - 21 hours 38 min ago
The company's board approved a 3.6 percent increase to its quarterly dividend.

Low-Carbon Power Makes Up Over 95 Pct of French Annual Generation

Industry News - 21 hours 51 min ago
Rising nuclear and hydro generation squeezed the use of fossil fuels.

Extreme Cold and Record Snowfall to Test the Texas Power Grid

Industry News - Mon, 2025-01-20 14:00
A cold blast gripping the U.S. South threatens to bring record-breaking snowfall to New Orleans and Houston.

North America Adds More Rigs

Industry News - Mon, 2025-01-20 10:17
The total North America rig count stands at 809, according to Baker Hughes' latest rotary rig count.

US FTC Finalizes Agreement with Chevron, Hess on Merger Concerns

Industry News - Mon, 2025-01-20 08:30
The competition regulator finalized an agreement that bars Hess' chief executive from holding a board position at Chevron, to settle antitrust concerns surrounding the companies' merger.

Trump to Declare National Energy Emergency, Unlocking New Powers

Industry News - Mon, 2025-01-20 07:30
The move is set to be among an array of actions Trump will take.

GreenGasUSA, Pilgrim's Pride Commission RNG Facility in Sumter

Industry News - Mon, 2025-01-20 06:52
GreenGasUSA, in partnership with Pilgrim's Pride, commissioned an RNG project at Pilgrim's poultry processing facility in Sumter, South Carolina.

USA EIA Reveals Latest Henry Hub Natural Gas Price Forecasts

Industry News - Mon, 2025-01-20 06:47
'Although we expect the Henry Hub price to rise from ... all-time lows in 2024 over the forecast period, the potential exists for prices to increase by less than we forecast'.

US DOE Set to Award $107 Million Funding for Fusion Innovation Efforts

Industry News - Mon, 2025-01-20 06:18
The DOE announced the first selections for funding under a program to close knowledge and technology gaps in the design and building of a commercially scalable pilot fusion plant.

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