Equinor Makes New Gas Discovery in Norwegian North Sea
Equinor and its partners discovered natural gas in the Gudrun field on Norway's side of the North Sea.
Spain Poised to Lead EU Hydrogen Market: Rystad Energy
'Spain's optimal conditions for renewable energy, coupled with supportive policies, have positioned it as one of the most cost-effective regions for green hydrogen production'.
Oil Consumers Hedged in Droves as Prices Fell Below $70
The number of long contracts held by swap dealers on global benchmark Brent jumped by almost 50,000 lots last week.
Oil Climbs on Fed Rate Cut Hopes and Renewed Lebanon Tensions
Oil prices rose above $71 a barrel driven by expectations of aggressive Federal Reserve rate cuts and heightened geopolitical tensions following deadly blasts in Lebanon.
Gulf of Mexico Oil, Gas Production Almost Fully Restored After Hurricane
'Facilities sustaining damage may take longer to bring back online', the BSEE warned.
Fuel Developer Gevo to Acquire Ethanol, CCS Assets for $210MM
'We believe this site is ideal for [the] production of sustainable aviation fuel using Gevo's integrated alcohol-to-jet technology and defossilized energy, combined with CCS'.
BP to Sell USA Onshore Wind Energy Business
'BP Wind Energy's assets are high-quality and grid-connected but are not aligned with our plans for growth in Lightsource bp'.
2 Sinochem Oil Refineries Declared Bankrupt as Margins Plunge
Two oil refiners in China run by chemical conglomerate Sinochem Group Co. were declared bankrupt.
Equinor's FPSO Arrives in Johan Castberg in Barents Sea
Equinor will start connecting the FPSO to the area's subsea facilities, preparing it for production start-up towards the end of the year.
Staatsolie, PetroChina Ink PSCs for Suriname Blocks
The blocks are in the eastern part of the Suriname-Guyana basin and border Block 52, where oil and gas discoveries have previously been made.
US Better Buildings Initiative Has Achieved $22 Billion in Cost Savings
The initiative has saved over 3.6 quadrillion Btu of energy and 22 billion gallons of water since its implementation in 2011.
PHOTOS: Attacked Oil Tanker Towed to 'Safe Area'
'While private stakeholders complete the salvage operation, Aspides will continue to monitor the situation'.
North America Breaks Rig Loss Streak
North America added six rigs week on week, according to Baker Hughes' latest rotary rig count.
Europa Oil Gets Planning Consent for Wressle Extension Project in UK
Europa received planning permission to drill two additional wells and build associated infrastructure under an extension project in the Wressle field.
Mitsubishi Plans to Invest in ExxonMobil Hydrogen Project in Texas
The cooperation between ExxonMobil and Mitsubishi would 'develop low-carbon hydrogen and ammonia supply chains that will bridge the United States and Japan'.
UK Offshore Oil and Gas Industry Hit 2027 Emissions Goal Early, Says Lobby
During the five years ending in 2023, companies reduced their pollution by over 25 percent, a percentage they originally pledged to achieve by 2027 in the North Sea Transition Deal.
Apollo Inks $1B Deal With BP for Stake in Gas Link
Apollo Global Management agreed to pay BP Plc $1 billion for a stake in a key Caspian-region natural gas pipeline.
Libyan Export Decline and Fed Speculation Propel Oil Above 70 Dollars
Oil prices surged over 2%, with West Texas Intermediate settling above $70 a barrel, driven by slumping Libyan exports and expectations of aggressive Federal Reserve rate cuts.
Potential Gulf of Maine Area for Wind Leasing Halved to Nearly 1 MM Acres
The potential lease sale is expected to offer about 15 GW of generation.
Analysts Look at Oil Price Rise
Representatives of CIBC Private Wealth and RBC Capital Markets talk to Rigzone.
