Industry News

'First Major Project' for GB Energy Announced

Industry News - Fri, 2025-03-21 05:01
'Great British Energy's first major project will be to help our vital public institutions save hundreds of millions on bills to reinvest on the frontline', UK Energy Secretary Ed Miliband said.

Iberdrola Bags Contract to Power Honda Car Production in Mexico

Industry News - Fri, 2025-03-21 03:17
The Japanese car maker signed a deal to buy renewable power from Iberdrola to electrify its operations in the Mexican cities of Celaya and El Salto.

Res Integra to Build 4 MW Green Hydrogen Plant in Sicily

Industry News - Fri, 2025-03-21 02:55
Res Integra has partnered with electrolyzer developer Ohmium to construct a 4-MW green hydrogen plant in an industrial area of Siracusa.

KNOT Offshore Partners Buoyed by Q4 Results

Industry News - Fri, 2025-03-21 02:23
KNOT Offshore Partners reported revenues of $91.3 million for Q4.

Raymond James Sees Biggest Crop of New Oil Projects in a Decade

Industry News - Fri, 2025-03-21 01:53
A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade.

Oil Executives Talk Permitting But Not Prices in Trump Meeting

Industry News - Thu, 2025-03-20 16:00
The more than hour-long session brought Trump, an unabashed champion of American oil and gas might, face to face with more than a dozen executives.

Crude Climbs Amid US Crackdown on Iran Exports

Industry News - Thu, 2025-03-20 14:42
Oil markets reacted bullishly to U.S. sanctions, but global oversupply risks remain.

EIA Fuel Update Shows USA Gasoline, Diesel Prices Declining

Industry News - Thu, 2025-03-20 10:52
The U.S. regular gasoline price and the U.S. on-highway diesel fuel price are both in a declining trend, the EIA's latest gasoline and diesel fuel update showed.

CP2 LNG Gets Conditional Approval for Non-FTA Export

Industry News - Thu, 2025-03-20 09:15
A final permit has been withheld pending a DOE review of permitting considerations concerning greenhouse gas emissions, environmental impact, energy prices and domestic gas supply.

Nigerian Oil Pipeline Sabotage Threatens Crude Output Revival

Industry News - Thu, 2025-03-20 09:00
Nigeria's push to revive oil production and encourage investment has been put at risk.

Oil Prices Likely to be Lower in 2025

Industry News - Thu, 2025-03-20 07:59
'We're seeing a complex interplay of supply and demand factors', said Ann-Louise Hittle, Vice President of Oils Research at Wood Mackenzie.

Eni Raises Gas Supply for Ivorian Power

Industry News - Thu, 2025-03-20 07:37
Eni has increased its natural gas supply for Cote d'Ivoire's electricity generation with new capacity unlocked in the offshore Baleine field.

Rystad's Head of Geopolitical Analysis Looks at Limited Ceasefire

Industry News - Thu, 2025-03-20 06:30
'The market's expectation of a quick resolution, in line with President Trump's desire, will need to be reassessed', Rystad Energy's Head of Geopolitical Analysis, Jorge Leon, said.

Africa Oil Completes Reorganization

Industry News - Thu, 2025-03-20 06:25
Africa Oil completed its full takeover of Prime, previously a 50-50 venture with BTG Oil & Gas, while the partner has acquired 35.5 percent of the enlarged Africa Oil.

NewMed Energy Farms into OMV Petrom Block Offshore Bulgaria

Industry News - Thu, 2025-03-20 03:10
The 50-50 partners expect to start drilling a new exploration well this year.

Baker Hughes, Petrobras Tie Up to Solve Flexible Pipes Corrosion Cracking

Industry News - Thu, 2025-03-20 02:06
Baker Hughes launched a joint technology program Petrobras to solve stress corrosion cracking due to CO2 in flexible pipe systems.

TotalEnergies Eyes Brazil Green Hydrogen for European Refineries

Industry News - Thu, 2025-03-20 01:30
TotalEnergies, which has a 34 percent stake in the developer's wind and solar generation unit, also is considering taking a direct shareholding in the project.

Equinor Awards Kinewell Multi-Year Software Deal Extension

Industry News - Thu, 2025-03-20 01:15
The deal involves the KLOC offshore wind cost optimization software.

Oil Rises Amid Demand Optimism Despite Fed Outlook

Industry News - Wed, 2025-03-19 15:22
WTI rose above $67 as a softer dollar and falling stockpiles offset OPEC supply and economic fears.

Oil Titans Meet With Trump as USA Unwinds Environmental Rules

Industry News - Wed, 2025-03-19 10:39
Industry leaders say they have plenty of reasons to give thanks.

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