Industry News

Petronas, SESB Agree Five-Year Gas Supply Agreement Extension

Industry News - Thu, 2024-10-03 01:30
Petronas will continue supplying 16 MMscfd of gas to the Sabah power utility.

Petrobras to Enter Deep Western Orange Basin in South Africa

Industry News - Thu, 2024-10-03 01:30
Petrobras is set to have a 10 percent stake in the TotalEnergies-operated DWOB block.

Malaysia Defies China With Offshore Drilling, USA Think Tank Says

Industry News - Wed, 2024-10-02 15:00
Malaysia is expanding oil and gas exploration in the disputed South China Sea, according to a new report.

Oil Prices Ease Amid Rising US Crude Stockpiles

Industry News - Wed, 2024-10-02 14:50
Oil prices fluctuated as rising US crude stockpiles and OPEC+ production plans signaled ample supply, offsetting concerns about potential disruptions from Middle East tensions.

Tribal Communities to Benefit from $44 MM in US DOE Clean Energy Funding

Industry News - Wed, 2024-10-02 12:30
American Indian and Alaska Native communities in five states will receive federal support to install solar and wind energy infrastructure.

California Assembly Votes Up Bill for Spare Fuel Reserves

Industry News - Wed, 2024-10-02 12:30
The bill requiring oil refiners to maintain minimum stockpiles of transport fuels now goes to the Senate.

When Will USA Crude Oil Production Peak?

Industry News - Wed, 2024-10-02 10:16
Rigzone talks to James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at FGE.

Woodside Closes Acquisition of OCI Clean Ammonia Project in Texas

Industry News - Wed, 2024-10-02 07:39
'As a global energy provider, Woodside is focused on lower carbon ammonia and its increasingly important role in the world's energy mix'.

Enbridge Finishes Dominion Acquisitions with PSNC Transaction Close

Industry News - Wed, 2024-10-02 07:19
'PSNC is a perfect fit within our existing low-risk, utility business model and the embedded growth opportunities underscore the critical need for natural gas infrastructure over the long term'.

Black & Veatch Gets Go-Ahead for Golar's FLNG Project

Industry News - Wed, 2024-10-02 07:03
Black & Veatch will provide its licensed PRICO technology, perform detailed engineering design, specify and procure topside equipment, and provide commissioning support for the FLNG topsides and liquefaction process.

ADNOC Eyes Takeover of Germany's Covestro for $12.8B

Industry News - Wed, 2024-10-02 06:56
'Our aligned strategies uniquely position us to meet the growing global demand for energy and chemical products, while accelerating the transition to a circular economy'.

Oil Futures Surge as Middle East Tensions Escalate

Industry News - Wed, 2024-10-02 05:59
'With Israel's ground incursion into Lebanon, and Iran's missile attack on Israel, the conflict continues the path of escalation', a SEB Strategist warned.

Executives Predict WTI Crude Oil Price

Industry News - Wed, 2024-10-02 04:37
Executives from oil and gas firms revealed where they expect the WTI crude oil price to be at various points in the future as part of the latest Dallas Fed Energy Survey.

TotalEnergies Starts Power Production in Two Texas Solar Farms

Industry News - Wed, 2024-10-02 03:53
The projects add a combined 1.2 GW to TotalEnergies' installed renewable energy capacity.

Israel Vows Retaliation for Massive Iranian Missile Attack

Industry News - Wed, 2024-10-02 02:44
Benjamin Netanyahu vowed to retaliate against Iran after it fired about 200 ballistic missiles at Israel.

Libyan Disruption Dragged Down OPEC Output in September

Industry News - Wed, 2024-10-02 01:30
OPEC production slumped by 480,000 bpd to 26.61 million bpd last month.

EU Commission Targets 26 Member States over RE Directive Non-Compliance

Industry News - Wed, 2024-10-02 01:30
Only Denmark transposed into national law the provisions of the revised Renewable Energy Directive related to permitting procedures.

Norway Regulator Pushes Re-Entry into Tight Reservoir Abandoned by Total

Industry News - Wed, 2024-10-02 01:22
A study showed that current well technology combined with fracking can bring the major gas discovery to production.

Nigeria Set to Approve Exxon Sale of Oil, Gas Assets to Seplat

Industry News - Tue, 2024-10-01 15:00
Approving the sale of assets to Seplat will end a more than two-year hiatus that stalled the conclusion of the $1.3 billion transaction.

Oil Surges as Iran Attack on Israel Rattles Crude Markets

Industry News - Tue, 2024-10-01 14:35
Oil prices surged after Iran fired rockets at Israel, raising concerns over prospects for a broadening Middle Eastern war and potential supply disruptions in a region responsible for a third of the world's crude production.

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