Serbia Ready to Buy Russian Stake in NIS Refiner, Vucic Says amid Sanctions
Serbia's president said the country has the money to pay for Gazprom's stake in the Balkan country's only refiner to preserve production amid new U.S. sanctions against Russia.
AQN Completes Renewable Energy Business Sale
The divestment is part of AQN's transition to a 'pure-play regulated utility with reduced complexity'.
Magnolia Names New Independent Director
R. Lewis Ropp will join Magnolia's audit committee.
Texas Refineries Prepare for First Winter Storm, Frigid January
Texas refineries are bracing for an onslaught of cold, snow and freezing rain.
Oil Hits 3-Month High Amid Sanctions
Oil prices surged to a three-month high as sweeping US sanctions on Russia fueled a bullish rally, tightening global supply and propelling crude to a strong start in 2025.
USA Ramps Up Pressure on Russia With Fresh Energy Sanctions
The U.S. imposed its most aggressive sanctions on Russia's oil industry yet.
Why is the Oil Price Rising Today?
Rigzone talks to several analysts.
Shell, Chevron Start Production in Whale Field in US Gulf of Mexico
The partners expect a peak production of 100,000 boed gross.
Centrica Warns UK Gas Reserves 'Concerningly Low' After Freeze
Centrica Plc says that the UK's gas reserves are at 'concerningly low' levels as freezing temperatures grip the country.
ADNOC Gas Awards $2.1B Contracts for Feedstock Facilities of Ruwais LNG
ADNOC Gas awarded three contracts totaling $2.1 billion for the feedstock infrastructure of the 9.6-MMtpa Ruwais LNG project in the UAE.
Macquarie Strategists 'See Potential for a Meaningful USA Crude Build'
Macquarie strategists outlined that they 'see potential for a meaningful U.S. crude build' in the EIA's next weekly petroleum status report.
Phillips 66 Closely Monitoring California Fires
'The safety and well-being of our employees remain our top priority', a Phillips 66 spokesperson told Rigzone.
New Coordinator for Baltic Grid Synchronization Project as Deadline Looms
The European Commission appointed a coordinator to ensure the completion of a project to decouple the power grids of Estonia, Latvia and Lithuania from Russia as the agreed date of February 2025 nears.
Petronas Approves Hidayah Field Project offshore Indonesia
Malaysia's national oil and gas company made a positive final investment decision on the Hidayah field, part of the North Madura II PSC in the waters of East Java province.
Faster February Oil Sales from Angola Signal Better Demand in Asia
The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30 percent of next month's supplies still seeking buyers.
ICF Acquires Energy Tech, Advisory Services Firm AEG from Ameresco
'This transaction aligns with our strategy to extend our capabilities in ICF's growth areas, with specific emphasis on our energy markets advisory and technology-enabled services'.
Gas More Expensive Than Oil Sets Stage for Asian Fuel Switching
A rally in liquefied natural gas has pushed Asian prices to a rare and substantial premium over oil.
Crude Futures Close Higher
Oil prices edged higher as supply risks and strong winter demand offset concerns about China's economic slowdown and a bearish market outlook.
USA Crude Oil Inventories Drop 1MM Barrels WoW
Crude oil stocks, excluding the SPR, stood at 414.6 million barrels on January 3, according to the EIA.
Oil Companies Skip Auction for Arctic Refuge Drilling Rights
Oil companies declined to bid in a U.S. government auction for drilling rights in the Arctic National Wildlife Refuge.
