Industry News

Texas LNG Nears FID with New Offtake Deal

Industry News - Fri, 2024-09-13 05:36
Texas LNG said it has now secured sufficient volume in offtake commitments needed for the FID.

APA Offloads More Non-Core Assets

Industry News - Fri, 2024-09-13 05:35
'Our remaining Permian position has scale and balance in the unconventional Midland and Delaware Basins'.

Solaris Oilfield Infrastructure Takes Over Mobile Energy Rentals

Industry News - Fri, 2024-09-13 04:14
The acquisition marks the well equipment provider's entry into the critical distributed power infrastructure solutions market.

Investors Bet on Nuclear Energy Comeback

Industry News - Fri, 2024-09-13 01:30
Fund managers are betting that nuclear energy, an area traditionally off-bounds for investors with environmental mandates, is set to make a comeback.

Europe Gas Futures Drop as Ukraine Transit Worries Ease for Now

Industry News - Fri, 2024-09-13 01:30
European gas futures dropped to the lowest since the end of July as concerns eased over near-term exports from Russia that travel across Ukraine.

Aramco Closes in on More Downstream Acquisitions in China

Industry News - Fri, 2024-09-13 01:30
Aramco secured agreements with two Chinese refiners laying the groundwork for potential stake acquisitions that would expand the Saudis' downstream footprint in China.

Mongolia's First $1.7B Refinery To Be Ready By March 2026

Industry News - Thu, 2024-09-12 16:00
The upcoming refinery is the single largest line of credit project being funded by India across the world.

Oil Rallies on GOM Output Disruptions and Easing Market Volatility

Industry News - Thu, 2024-09-12 14:22
Oil prices rose for the second day as storm Francine disrupted Gulf of Mexico production, halting 670,000 barrels per day, while algorithm-driven traders paused recent selling, pushing WTI to $69 and Brent to $72.

Enverus Releases List of Top Solar, Wind, Energy Storage Devs in Texas

Industry News - Thu, 2024-09-12 10:29
'Storage, wind, solar, and carbon capture will be an important make up of Texas' power generation mix in the future'.

Quantent Completes Initial Acquisition of Haynesville Gas Assets

Industry News - Thu, 2024-09-12 08:55
The initial acquisition includes over 7,000 net acres located in North Louisiana.

BMI Examines Trump and Harris Effects on USA Oil and Gas

Industry News - Thu, 2024-09-12 08:51
BMI highlighted that its Country Risk Team has not yet made a call in the elections.

Danish Firm Opens Philippine Office, Eyes Further Renewable Investments

Industry News - Thu, 2024-09-12 08:24
'We were granted Wind Energy Service Contracts for a 2 GW [gigawatt] portfolio of offshore wind projects and 300 MW [megawatts] of onshore wind'.

Alberta invests $2MM in Waste-to-Energy Carbon Capture Facility

Industry News - Thu, 2024-09-12 08:16
'The study is an important first step to realizing a large-scale municipal waste-to-energy facility with carbon capture and storage'.

Karoon, LLOG Begin Drilling at Who Dat South in GOM

Industry News - Thu, 2024-09-12 08:07
The Who Dat South prospect is estimated to contain 31 million barrels of oil equivalent (MMboe) of gross unrisked Prospective 2U Resources.

World Oil Demand Growth Is Slowest Since Pandemic as China Cools, IEA Says

Industry News - Thu, 2024-09-12 06:30
Global oil demand growth is 'slowing sharply' as China's economy cools.

Phillips 66 Seeks to Raise $1.8 Billion in Debt Instrument Sale

Industry News - Thu, 2024-09-12 06:16
The downstream company entered into an agreement for an underwritten public offering of senior notes with a combined principal amount of $1.8 billion.

Almost Half of GOM Gas Production Shut-In

Industry News - Thu, 2024-09-12 06:15
'Once all standard checks have been completed, production from undamaged facilities will be brought back online immediately', the BSEE said.

European Commission Pledges Hydrogen, RE Funding for Namibia

Industry News - Thu, 2024-09-12 04:01
The Commission rolled out a funding package to support the deployment of clean hydrogen and renewable power in Namibia.

Nigerian Regulator Denies Approving Shell's Onshore Exit

Industry News - Thu, 2024-09-12 02:12
Citing senior government sources, a local newspaper reported the $1.3 billion sale now only needed the approval of President Tinubu, who is also oil minister.

Petrobras Taps SBM to Grow Fleet of Production Vessels

Industry News - Thu, 2024-09-12 01:30
SBM Offshore has two massive oil vessels heading to Brazil and is waiting on Petrobras to offer tenders for similar units to help accelerate production growth.

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