Industry News

'The opening of the IEA's new office in Singapore is a historic moment for the IEA and signals a step change in our relationship with Southeast Asia'.

The solar plant in Salamanca will have an installed capacity of 220 MW.

Oil prices climbed after last week's decline, driven by Middle East tensions and China's economic stimulus, with WTI settling above $70 and Brent over $74 a barrel.

The decisions end a more than two-year delay to the conclusion of Exxon's $1.3 billion deal, but stymies Shell's plans for the West African nation.

The DOE agreed on a $861.3 million loan guarantee for two PV generation projects in Puerto Rico with an aggregate capacity of 200 MW.

In a report sent to Rigzone today, Bjarne Schieldrop, the Chief Commodities Analyst at SEB, highlighted that the oil market is 'battling' between two things.

Petrofac's creditors have again agreed not to pursue legal action over the company's failure to pay interest on $29 million bonds.

Benchmark futures rose as much as 2.2 percent on Monday, following moves in oil and offsetting Friday's losses.

The Wressle consortium decided not to put up a legal challenge against the expected nullification of a planning consent for the field's extension project, after the UK Supreme Court ruled that regulators must consider Scope III emissions in EIAs.

'We project global oil consumption to increase by 7.1 million barrels per day between 2023 and 2035'.

Kinder Morgan reported $625 million in net profit.

The new Chair will head the NSTA board, which is responsible for regulating and influencing the UK's oil, gas, offshore hydrogen, and carbon storage industries, the NSTA said.

'The acquisition represents another significant milestone in ADNOC's ambitious chemicals growth strategy, the expansion of its low-carbon fuels business, and supports its goal to become a top five global chemicals player'.

Eni said the rebranding is in line with its business model integrating renewables production, the sale of energy and energy solutions, and a network of charging points for EVs.

'Together with another 11 new dual-fuel ships we have on order, they mark the start of our program to renew and modernize our fleet'.

This would be the Malaysian oil firm's first such sale in over three years.

The European Commission issued guidance documents to support EU countries in transposing the revised Directive on the Energy Performance of Buildings into national law.

KBR secured a new engineering and procurement contract for the Beachfield Manatee gas upgrade in Trinidad and Tobago.

The Total refinery is the biggest in Antwerp, located in the heart of Europe's oil-trading hub.

Oil prices saw their steepest weekly decline in over a year due to US efforts to de-escalate the Middle East conflict and weakening demand from China, with West Texas Intermediate falling 8.4% for the week.