Industry News

The American Clean Power Association said it is looking forward to working with the incoming administration on advancing 'all domestic energy resources'.

Hexagon Energy Materials reached an initial deal with Chevron Australia for the supply of gas for the former's WAH2 Clean Ammonia Project.

The MOU advances the allies' 'mutual commitment to promoting the expansion of peaceful nuclear energy while upholding the highest standards of nonproliferation, safety, safeguards, and security'.

'Thanks to this major agreement with one of the leading LNG players in the country, TotalEnergies strengthens its long-term position in the LNG market in China, the largest market in the world'.

Russia produced 8.973 million barrels a day of crude last month, according to people familiar with figures from the Energy Ministry.

'The vote between Harris and Trump was literally up or down on Iranian supply'.

Oil prices edged lower as Trump's win lifted the dollar and raised speculation of stricter Iran sanctions, while traders also monitored Gulf production threats from Hurricane Rafael.

The company reported $240.5 million in net income for the quarter ended September.

The sale is part of Eni's goal to generate $8 billion of net portfolio inflow between 2024 and 2027.

'We look forward to working with the incoming administration and leaders in both parties to advance bipartisan solutions that unleash American energy as a driver of economic prosperity, environmental progress and stability around the world'.

Trump, 78, won an unprecedented race during which he was convicted of felonies, survived two assassination attempts and crushed a challenge from Vice President Harris after she replaced the unpopular President Biden in the campaign's final months.

The Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs continue work for Chevron Thailand.

The project, which is expected to take one million engineering hours to execute, will support the country's goal of increasing natural gas production.

The sale includes the Topaz Driller jackup rig, operating in the Malaysia-Thailand Joint Development Area, and the Soehanah jackup rig, owned by Rig Finance Ltd. (RFL), which operates in Indonesia.

Vitol, Trafigura and BP are the dominant buyers of fuels from Nigeria's giant new Dangote oil refinery near Lagos that's reshaping petroleum trading in Africa and Europe.

Aker BP revised up the lower end of its projected production for 2024 from 420,000 boed to 430,000 boed.

Aramco declared total dividends for the third quarter of $31.1 billion, maintaining this year's increased base dividend of $20.3 billion even as debt deepened and oil prices fell.

The Earthshot Prize winner will scale up its CO2 mineralization technology in the UAE with support from ADNOC following a successful pilot.

The OPEC member looks to bring back oil majors spooked by years of instability and production shutdowns.

Oil prices rose as election uncertainty and Tropical Storm Rafael threaten Gulf production, with potential policy shifts under either presidential outcome expected to impact the oil market further.