Industry News

'Given there are three different aid measures (equity, guarantees, two-way CfD) that together limit the risk for the beneficiary, it is important to ensure that overall no more aid than what is strictly necessary is ultimately granted'.

The bloc purchased a record amount of Russian LNG this year, according to ship-tracking data compiled by Bloomberg.

Two of the world's biggest oil traders are expecting the market to be oversupplied next year - but both agree that Donald Trump might just change everything.

Crude posted weekly losses as slower Fed rate cuts and Trump's EU tariff threats weighed on markets, while muted inflation data tempered the selloff.

Total U.S. energy consumption will come in at 23.86 qBtu in the fourth quarter of this year, according to the EIA.

The transaction will result in the Houston, Texas-based downstream oil and gas player exceeding a $3 billion divestment plan.

The U.S. is the world's largest producer of crude oil and the biggest exporter of liquefied natural gas.

Energy Transfer signed an agreement to supply Chevron two MMtpa of LNG over 20 years from the planned Lake Charles LNG in Louisiana.

'This is a transformative transaction for Sound Energy, unlocking significant value and we look forward to the new chapter of Tendrara development and exploration activity in Morocco'.

J.P. Morgan analysts highlighted that Brent crude oil 'is on track to average $80 per barrel in 2024', which they pointed out is $3 below their projections from last June.

Vitesse signed a deal to acquire Lucero, an oil and gas producer focused on the North Dakota side of the Williston Basin, in an all-stock transaction with a diluted equity value of $222 million.

EU member states reached initial agreements on targets for offshore renewable generation capacity up to 2050, starting with an overall goal of 86–89 GW by 2030.

Crude oil stocks, not including the SPR, stood at 421.0 million barrels on December 13, according to the EIA.

EU member states reached initial agreements on targets for offshore wind generation capacity up to 2050, starting with an overall goal of 86–89 GW by 2030.

Croatia's premier said European Union leaders will seek a solution to help Serbia steer clear of sanctions targeting a key oil refiner controlled by Russia's Gazprom.

TotalEnergies agreed to sell 50 percent of its ownership in West Burton Energy to EPUK Investments.

Proposals are spread across 42 pages of memos to 10 agencies the American Petroleum Institute is presenting to Trump's transition team.

Oil dropped below $70 as a surging dollar and weaker Chinese demand outlook weighed on prices, with looming oversupply keeping traders cautious.

U.S. natural gas is catching a bid today with two drivers, Art Hogan, Chief Market Strategist at B. Riley Wealth, told Rigzone in an exclusive interview.

Dasch joins Orsted after 20 years at Shell, where she was most recently Vice President of Renewable Generation Americas.