Iberdrola to Supply Air Liquide with Renewable Power
Iberdrola signed a long-term deal to supply Air Liquide with clean electricity for the French company's operations in Spain and Portugal.
Woodside Bags 15-Year Contract to Supply LNG to China
Since last year the Australian oil and gas exploration and production company has roped in major customers in the key LNG importing region of East Asia.
BH Bags Deal to 'Provide Reliable and Efficient Power to US Data Centers'
'Due to surging demand for generative AI, we see increasing opportunities for our power generation solutions to support behind the meter power requirements for data centers'.
Var Energi's Jotun FPSO Heads for North Sea for Balder X Project
The Balder X project is on track for the start of production by the end of the second quarter, the company said.
Britain's National Grid Awards $50B HVDC Supply Contracts
The England and Wales transmission and distribution network operator awarded about $26.8 billion worth of contracts for the supply of converter systems and around $23.21 billion for cable supply contracts.
Whitecap, Veren to Merge in $10.4MM Transaction
The transaction is expected to close before May 30.
Pakistan Raises Oil Tax as It Works to Meet IMF Expectations
Pakistan hopes to meet IMF expectations for the release of the next tranche of a loan package.
CNOOC Starts Up Two Projects in South China Sea, Bohai Sea
The state-backed company has now announced six upstream start-ups in Chinese waters this year: 3 in the South China Sea and 3 in Bohai Sea.
Alliant Energy Picks New Board Chair
Patrick Allen will succeed the retired John Larsen.
Petronas Is Evaluating Exit From Argentina Shale Oil Venture
Last year, Petronas left a venture with YPF to develop a project for liquefying and exporting shale gas.
Qatar Supplies Syria With Natural Gas in Latest Post-Assad Boost
Qatar began supplying natural gas to Syria through Jordan.
Crude Edges Higher After Seven Weeks of Declines
Oil prices rose as stalled Ukraine talks and a weaker dollar ended a seven-week losing streak, with WTI settling above $67 despite demand concerns.
Energy Bosses Shrug Off DeepSeek to Focus on Powering AI Boom
For a second year, energy executives at the CERAWeek by S&P Global gathering hailed the looming data center requirements for AI as both a huge challenge and a once in a generation opportunity.
EIA Reveals Latest Brent Oil Price Forecast for 2025 and 2026
The U.S. Energy Information Administration has revealed its latest Brent spot price forecast for 2025 and 2026 in its March Short Term Energy Outlook.
Wisconsin Utilities Regulator Approves ALLETE Privatization
'ALLETE continues to work on securing the last major regulatory approval for the transaction from the Minnesota Public Utilities Commission'.
EPA Says it is Initiating '31 Historic Actions'
'I'm pleased to make the largest deregulatory announcement in U.S. history', U.S. Environmental Protection Agency Administrator Lee Zeldin said.
Trade War May Hold Down Oil Demand, Price Drop to Provide Some Offset: IEA
Current market conditions suggest global oil demand would average 103.9 million bpd this year, with growth prospects weighed down by U.S. tariffs, the IEA said.
FIRST-NNPC JV Confirms Significant Hydrocarbon Discovery
'Preliminary analysis indicates substantial oil and gas volumes', a statement posted on FIRST E&P's website said.
Uniper Makes Nearly $3B Bailout-Related Payment to Germany
Uniper remitted to Germany about EUR 2.6 billion in aid repayments in relation to the government's bail-out of the power and natural gas utility in 2022.
Shell Completes Sale of Nigerian Onshore Assets
Shell completed the divestment of its Niger Delta subsidiary to a Nigerian consortium, in a $1.3 billion transaction previously held back by regulators.
