Europe Gas Edges Higher as Israel Prepares Response After Attack
Benchmark futures rose as much as 2.2 percent on Monday, following moves in oil and offsetting Friday's losses.
Wressle Group Will Not Challenge Voiding of Permit for Extension Project
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.
JP Morgan Analysts Don't See a Peak in Oil Demand Through 2035
'We project global oil consumption to increase by 7.1 million barrels per day between 2023 and 2035'.
Kinder Morgan Logs Higher Q3 Income
Kinder Morgan reported $625 million in net profit.
NSTA Announces New Chair
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.
ADNOC Takes Over Fertiglobe with $3.6B Stake Acquisition from OCI
'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 Rebrands French Energy Unit, Launches New Customer Model
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.
PIL Names Largest LNG-Powered Containerships Duo in Its Fleet
'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'.
Petronas Said to Have Asked Banks for Dollar Bond Proposals
This would be the Malaysian oil firm's first such sale in over three years.
EU Commission Issues Guides on Phase-Out of Fossil Fuel Stand-Alone Boilers
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 Scores another Manatee Job from Shell
KBR secured a new engineering and procurement contract for the Beachfield Manatee gas upgrade in Trinidad and Tobago.
Total Plans Major Halt at its Biggest European Refinery in 2025
The Total refinery is the biggest in Antwerp, located in the heart of Europe's oil-trading hub.
WTI Crude Sees Biggest Weekly Drop in Over a Year
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.
US DOE Plans to Invest $1.5 Billion in Gevo SAF Project
'This valuable commitment to help finance NZ1, if finalized, should also attract other capital investments to unlock SAF commercialization given the robust due diligence conducted by the agency'.
US Awards Contracts for Advanced Nuclear Fuel Production
The DOE enlisted nearly a dozen companies to produce enriched uranium for advanced nuclear reactors.
Robotics Advancements Continue to Transform Oil, Gas, GlobalData Says
'Robots equipped with advanced technologies are yielding increasingly positive results, bringing a continued transformation in the operations of oil and gas companies'.
USA 'Zombie Summer' Saps Energy Demand and Natural Gas Prices
The U.S. is headed for weeks of abnormally warm weather through the rest of October.
SLB Warns Cautious Oil Explorers Have Slowed Growth in Spending
SLB warned that spending growth by oil explorers has waned in the past few months.
Meta Pledges $35MM for Carbon Removal Projects
The pledge is a direct response to the Carbon Dioxide Removal Purchasing Challenge presented by the U.S. Department of Energy (DOE).
EIR Releases Summary of USA 3Q Upstream Merger Activity
'Following 12 months of heightened consolidation in oil and gas, the pace of deals significantly slowed in the third quarter of 2024'.
