TC Energy, Energir Complete Sale of US-Canada Pipeline
The partners generated $1.14 billion from the sale of the Portland Natural Gas Transmission System to funds managed by BlackRock and Morgan Stanley.
Subsea Market Poised to Experience Significant Influx of Capital
The subsea market segment is poised to experience a significant influx of capital, Rystad Energy said.
Australia's AGL to Acquire 2 Firms with BESS, Solar Projects
'Today's announcement demonstrates our commitment to grow and accelerate our development pipeline, which is already 6.2 GW'.
DOI to Provide $775MM to 21 States to Plug Orphan Wells
The U.S. Department of the Interior is providing $775 million for 21 states to clean up orphaned oil and gas wells and well sites.
More Occidental Subsidiaries Offload Shares
Occidental issued over 49 million common shares this week.
Orsted Posts Loss for Quarter, Delays Offshore USA Wind Project
'Despite encouraging progress on our US offshore wind project Revolution Wind, the construction of the onshore substation for the project has been delayed'.
Norway Boosts Investment Estimates in Oil, Gas
Statistics Norway said that the increase is mainly driven by higher cost estimates in production drilling within fields onstream.
Goldman Says Saudi Arabia to Reduce Big Spending on Oil Sector
Saudi Arabia is expected to put less money into the oil industry than initially predicted.
Chevron Completes Output Upgrade at Aussie Gas Facility amid Strike Threat
Chevron announced the completion of the production capacity upgrade just as workers plan to return to strike over wages.
Rystad Looks at European, USA Gas Prices
A Rystad Energy gas and LNG market update from Rystad Analyst Christoph Halser looked at European and U.S. gas prices.
Strategist Flags 'Choppy Week' for Oil Prices
Crude prices have had something of a choppy week, Michael Brown, a Senior Research Strategist at Pepperstone, said in a market analysis.
Valeura Produces First Oil at Nong Yao C Development
The project in the Gulf of Thailand is expected to reach 11,000 bpd of production in the next few weeks.
Chevron-Backed Carbon Capture Firm Gets Up To $100 Million from Canada
Canada's new green technology fund is putting as much as $100 million into Svante to help it commercialize its technology.
Fredriksen's Avance Gas Sells $1B of Large Gas Ships
Very large gas carriers are the biggest vessels to haul liquefied petroleum gases such as propane and butane.
Oil Ends Two Day Drop on Middle East Tensions
Oil pushed higher after a two-day drop as jitters surrounding a potential Iranian attack on Israel and a strong US economic reading overshadowed persistent demand fears.
US BOEM Awards Over 250,000 Acres in Central Atlantic Offshore Wind Leasing
Equinor and Dominion Energy provisionally won two wind energy leases spanning a combined 277,948 acres offshore Delaware, Maryland and Virginia.
90 Pct Chance of Above Normal Atlantic Hurricane Season, NOAA Warns
'2024 has only a 10 percent chance of a near normal season and a negligible chance of a below normal season', NOAA said.
DC Circuit Reverses EPA Denial of Exemptions from Renewable Fuel Compliance
The court concluded that the EPA had erred in rejecting small refineries' petitions for exemption from the RFS on the grounds of 'disproportionate economic hardship'.
DNO Doubles Earnings in Second Quarter
The Norwegian oil and gas company posted revenue of $137 million for the quarter.
