ONE-Dyas Advances Gas Project in North Sea
'As long as there is local demand for natural gas, we will ensure that it is produced with the smallest carbon footprint possible'.
Texas Comptroller Adds NatWest to List of Energy Boycotters
The list is the result of a Republican-backed state law that took effect in 2021.
USA Crude Oil Inventories Rise WoW
Crude oil stocks, not including the SPR, stood at 430.7 million barrels on August 9, according to the EIA.
Borr Drilling Posts 120 Percent QoQ Rise in Profit
'Looking ahead, we foresee a continued tight market for premium assets, leading to sustained better pricing'.
Hedge Funds, CTAs Reduce Oil Longs to 12 Year Low
Hedge funds and Commodity Trading Advisors reduced their longs across the four main Brent and WTI contracts.
Petronas Launches Supplier Support Program to Boost Sustainability
Petronas introduced a new Supplier Support Program to help local oil and gas services and equipment suppliers embrace sustainability practices.
McDermott Secures EPCI Job for Shell Field off Trinidad and Tobago
McDermott will provide EPCI, hook-up, and commissioning services for the gas project.
Swiss Trial of Ex-Trafigura COO for Corruption Set for December
The Swiss trial of Trafigura and its former COO Mike Wainwright on corruption charges has been scheduled for December.
Altman-Backed Startup Opens Largest USA Facility to Pull Carbon From Air
A startup says it has built the US's largest facility to pull carbon from the air.
Oil Falls Amid Surplus Fears as US Stockpiles Rise
Oil shed early week gains after a government report showed a surprising build for US crude stockpiles amid concern that a global surplus will emerge later in the year.
CrownRock Investor to Sell Nearly 30 Million Occidental Shares
CrownRock Holdings is selling 29,560,619 shares that it holds in Occidental, which would reduce the common stock of the oil, gas and chemicals producer by 3.26 percent.
CPP Investments Allots $843MM to Tallgrass Energy
Tallgrass is a leading infrastructure company operating a network of more than 10,000 miles of pipeline assets across 14 states in the USA.
Ukrainian Invasion of Kursk Creating Gas Price Volatility, BMI Warns
'Energy markets reacted quite strongly in response to Ukraine's incursion into Kursk', BMI analysts said.
Aramco to Invest $100MM in University Research Projects
The funds from Aramco have been earmarked for a wide range of initiatives, from essential research to applied technologies.
Canuc Completes Workover in West Texas Well
'The workover has now successfully increased natural gas production for the well. We expect to continue producing the Big Saline Formation until it is depleted'.
Kamala Harris Once Trashed Fracking and Pennsylvania Hasn't Forgotten
Kamala Harris faces a problem in Washington County, Pennsylvania.
BP Teams Up with NASA for Harsh Environment Tech
The two parties will share digital technologies and technical expertise from decades of experience operating in harsh environments.
Methanex Halts NZ Methanol Production to Help Kiwis Stabilize Energy Supply
Methanol producer Methanex agreed to divert its contracted gas to New Zealand's electricity market, temporarily pausing its manufacturing operation in the country to help stabilize a strained energy supply.
Chesapeake Utilities Logs Higher Q2 Income
Chesapeake Utilities reported a net income of $18.3 million for the second quarter.
