Industry News

Shell named two new directors.

Consumption of the super-chilled gas may be less than a third of Italy's import capacity by 2030, the IEEFA said.

Oil prices declined as concerns over US trade tariffs, a slowing Chinese economy, and geopolitical tensions unsettled markets, while algorithmic trading further pressured futures below $75

European Union foreign ministers agreed on Monday to extend sanctions on Russia.

The total North America rig count stands at 821, according to Baker Hughes' latest North America rotary rig count.

Halliburton reported $615 million in net profit for Q4 2024.

'The Northern Virginia region currently represents approximately 25 percent of U.S. data center capacity, and the Potomac plant is located in close proximity to over 130 data centers – with significant further growth expected'.

The Rumaila field, one of the world's biggest, is jointly operated by Iraq, BP Plc, and PetroChina Co.

BP put online a 187-MW solar facility in San Patricio County, which has been contracted to help power a local petrochemical complex operated by ExxonMobil.

The U.S. Energy Information Administration expects the U.S. retail regular gasoline price to drop this year and next year.

The flexible natural gas supply will be delivered to plants across Abu Dhabi and the UAE.

'Cerulean's commitment to using the facility marks a major step toward realizing the UK and Scottish governments' vision of creating a world-leading floating offshore wind industrial base'.

'Saudi Arabia ... needs an oil price of $80 per barrel more than ever,' SEB Chief Commodities Analyst Bjarne Schieldrop said.

ADNOC won a $450 million contract to deliver LNG to Japan for three years.

Sweeping US sanctions on Russia's oil industry are unlikely to result in a 'large hit' to production, according to Goldman Sachs.

Santos logged $1.4 billion in sales revenue for Q4 2024.

Biswal now serves on Excelerate's Audit and Nominating and Corporate Governance Committees.

Both Russia and the U.S. are top global oil producers and consumers, Putin said in an interview with state-owned Rossiya 24 TV.

Oil prices posted their first weekly decline of the year as President Trump's trade war threats, calls for lower OPEC+ prices, and Russian sanctions influenced market fluctuations.

President Donald Trump appears to have opened the door for construction of the Keystone XL pipeline.