Geopolitical Tensions and China Stimulus Drive Oil Higher
Oil prices spiked as China introduced stimulus measures to boost its economy, while ongoing Israeli airstrikes in Lebanon kept Middle East tensions elevated, driving WTI above $71 and Brent to $75.
Florida Is Under Hurricane Watch as Storm Brews in the Caribbean
Hurricane watches have been issued along Florida's western coastline.
Uniper, ConocoPhillips Reinforce Energy Partnership with 10-Year Gas Deal
'We are excited to announce this significant deal'.
Wartsila to Convert Chevron LNG Carriers for Reduced Methane Slip
'This innovative project represents a notable step forward on the road to advancing lower carbon fleets'.
Carbon Removal Firm Expands into Texas, Eyes Forest Restoration
'This acquisition underscores our dedication to revitalizing underperforming land with a long-term vision for environmental restoration, sustainable land management, and community engagement'.
Renewable Energy Provider Eyes Africa Expansion, Partners with SEFE
The funding allows the company to 'improve end client affordability and scale more rapidly across multiple countries'.
Oil Futures Rebound
'Changing conditions could help the market recover', a Senior Market Strategist at Exness said.
Dangote's 'Monster' Refinery Fuels Fight Over Gasoline Subsidies
The World Bank has for decades urged the cash-strapped government to cut the subsidy to boost the naira and refill state coffers.
Combination of Factors Impacting Natural Gas Market
'In regard to weather, there is a tropical depression forming in the Gulf of Mexico that could become a factor this week for Florida, the southeast, and energy producing regions'.
North America Drops Rigs
North America dropped nine rigs week on week, according to Baker Hughes.
Aramco Taps Debt Markets for Second Dollar-Bond Sale This Year
Saudi Arabia's state-run oil behemoth started the sale of a second round of international bonds just two months after it raised $6 billion.
WTI and Brent Decline as Iran Signals Easing Tensions
Oil prices dropped as fuel demand outlook worsened, while easing tensions between Iran and Israel reduced fears of supply disruptions.
Kimmeridge, Commonwealth to Supply Glencore with Gas, LNG
'With Commonwealth by our side, we look forward to reaching critical international markets in partnership with Glencore, who shares our vision of responsible LNG production and usage'.
Florida Braces for Potential Gulf Hurricane Strike This Week
'As it moves, it will encounter ideal conditions'.
Russia's Sovcomflot Says G7 Sanctions Make Oil Trade Less Safe
Western authorities allow their firms to transport Russian crude, but only if the oil costs $60 a barrel or less.
CNOOC Starts Production in Offshore Projects
'It provides a Chinese solution for the efficient development of similar deepwater oil and gas fields'.
Analysts Morse, Flynn Look at Natural Gas Price Rise
Phil Flynn, a Senior Market Analyst at the PRICE Futures Group, and Ed Morse, a Senior Adviser at Hartree Partners, talk to Rigzone.
AEA Endorses Ted Cruz for Reelection to USA Senate
'Senator Cruz has consistently proven himself to be a steadfast champion of American energy independence'.
Deer Park Police Remove Vehicle 'Associated' with Pipeline Fire
'This has developed into a criminal investigation'.
Ships Still Switch Russian Oil Off Greece Despite Navy Drills
Tankers carrying Russian oil are still conducting cargo switches with other vessels off Greece's south coast.
