Industry News

Nicolas Maduro was hoping for a 'fresh start' with the U.S. under Donald Trump.

Oil prices fell after US crude stockpiles rose, dampening the rally sparked by escalating geopolitical tensions between Russia and Ukraine.

Rigzone talks to several analysts about the natural gas price rise.

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'.

The U.S. has boosted sales of liquefied natural gas to China this year.

J.P. Morgan analysts highlighted that America is not lacking in oil.

TechnipFMC said that the contract was major, which it defines as having a value of more than $1 billion.

The issuance is part of a plan to refinance approaching maturities.

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 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.

'To close Grangemouth now is madness', Unite General Secretary Sharon Graham said.

Baker Hughes signed a contract with SOCAR to reduce flaring at the latter's Heydar Aliyev oil refinery in Baku.

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 started implementing measures 'aimed at stopping the increase of its stockpile'.

Oil prices saw slight gains as escalating Ukraine-Russia tensions and Iran's nuclear agreement competed with oversupply fears and bearish market signals.

U.S. Gulf Coast refineries are running the hardest for this time of the year in more than three decades.

Macquarie strategists are forecasting that U.S. crude inventories will be down for the week ending November 15.

President-elect Donald Trump's vows to 'frack, frack, frack' are about to collide with a global crude glut.

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.

'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'.