Industry News

Biden's Move on Venezuela Leaves Trump Little Room to Cut a Deal

Industry News - Wed, 2024-11-20 15:00
Nicolas Maduro was hoping for a 'fresh start' with the U.S. under Donald Trump.

Geopolitical Tensions Offset by US Oil Inventory Build

Industry News - Wed, 2024-11-20 14:19
Oil prices fell after US crude stockpiles rose, dampening the rally sparked by escalating geopolitical tensions between Russia and Ukraine.

Natural Gas Prices Surge to Highest Levels Since June

Industry News - Wed, 2024-11-20 09:54
Rigzone talks to several analysts about the natural gas price rise.

DT Midstream to Acquire 3.7 Bcfd Midwest Pipelines from ONEOK

Industry News - Wed, 2024-11-20 08:11
Expected to close by yearend or early 2025, the transaction involves 1,300 miles of gas pipelines straddling seven states 'in the attractive Midwest market region'.

China's Surging LNG Imports from USA Threatened by Next Trade War

Industry News - Wed, 2024-11-20 08:00
The U.S. has boosted sales of liquefied natural gas to China this year.

JP Morgan Reveals Greatest Threat to USA Shale Sector

Industry News - Wed, 2024-11-20 06:04
J.P. Morgan analysts highlighted that America is not lacking in oil.

TechnipFMC Bags $1B Contract for TotalEnergies' Suriname Project

Industry News - Wed, 2024-11-20 06:00
TechnipFMC said that the contract was major, which it defines as having a value of more than $1 billion.

EOG Resources Offers $1 Billion 30-Year Bonds

Industry News - Wed, 2024-11-20 05:48
The issuance is part of a plan to refinance approaching maturities.

Lenders Grant Petrofac Another Grace Period

Industry News - Wed, 2024-11-20 03:47
Creditors of bonds issued by Petrofac extended for the seventh time a forbearance agreement, withholding legal claims over the energy engineering company's failure to pay $29 million in interest.

Aramco, Rongsheng Petrochemical Ink Deal to Progress Saudi Refinery Project

Industry News - Wed, 2024-11-20 02:46
Aramco and Rongsheng Petrochemical signed an agreement that brings them closer to greenlighting a planned expansion project at a refinery in the kingdom's port city of Jubail.

UK Union Demands Action on Grangemouth

Industry News - Wed, 2024-11-20 02:37
'To close Grangemouth now is madness', Unite General Secretary Sharon Graham said.

SOCAR Taps Baker Hughes to Cut Emissions at Baku Refinery

Industry News - Wed, 2024-11-20 01:51
Baker Hughes signed a contract with SOCAR to reduce flaring at the latter's Heydar Aliyev oil refinery in Baku.

EU Commission Warns Several Member States for Failing to Adopt Energy Rules

Industry News - Wed, 2024-11-20 01:37
Hungary has been referred to the EU Court of Justice for failing to fully transpose EU rules on the promotion of the use of energy from renewable sources.

Iran Agrees to Stop Producing Near Bomb-Grade Uranium: IAEA

Industry News - Wed, 2024-11-20 00:57
Iran started implementing measures 'aimed at stopping the increase of its stockpile'.

WTI Settles Above $69 Despite Market Volatility

Industry News - Tue, 2024-11-19 15:45
Oil prices saw slight gains as escalating Ukraine-Russia tensions and Iran's nuclear agreement competed with oversupply fears and bearish market signals.

World's Top Oil Refining Hub Is Running Hard as Exports Boom

Industry News - Tue, 2024-11-19 15:00
U.S. Gulf Coast refineries are running the hardest for this time of the year in more than three decades.

Macquarie Strategists Forecast USA Crude Inventory Drop

Industry News - Tue, 2024-11-19 10:10
Macquarie strategists are forecasting that U.S. crude inventories will be down for the week ending November 15.

Oil Glut Set to Thwart Trump's Call to 'Frack, Frack, Frack'

Industry News - Tue, 2024-11-19 08:57
President-elect Donald Trump's vows to 'frack, frack, frack' are about to collide with a global crude glut.

BlackRock, Block, Ripple, Samsara Join SAF Buyers Alliance

Industry News - Tue, 2024-11-19 08:56
BlackRock, Block, Ripple and Samsara signed up for the Sustainable Aviation Buyers Alliance after purchasing SAF certificates for supply that will be delivered to Alaska Airlines.

US DOE to Distribute $18 Million for Community Clean Energy Projects

Industry News - Tue, 2024-11-19 08:30
'The EECBG Program recognizes that climate solutions are not one-size-fits-all and provides localities with the tools needed to increase access to clean energy and boost energy resilience through community-led initiatives'.

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