ONGC Raises Stake in Gujarat Petrochemical Complex
The Indian government approved ONGC's proposal of an additional investment of $2.2 billion in OPaL.
Oil Refiners in USA Slow Down, Stoking Global Crude Glut Worries
Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter.
Oil Soars Above $80 Amid Fears of Iranian Reprisal
Oil capped its biggest daily gain since October as fears of a potential Iranian response to last month's assassination of a Hamas leader in Tehran outweighed a dip in broader markets.
BSEE Issues Decom Letter to Industry
The BSEE said it has enforced, and will continue to enforce, decommissioning requirements as soon as decommissioning obligations become due.
Crescent Boosts Profit for Quarter, Adjusts Guidance
'Our standalone performance, combined with the closing of the SilverBow acquisition, positions Crescent for significant future value potential as we continue to execute on our proven strategy'.
Deep Sky to Build Carbon Removal Innovation Center in Alberta
The facility will allow many different Direct Air Capture (DAC) concepts to be tested simultaneously.
Wood-Burning Drax Power Plant Highest Emitter in UK: Report
Drax emitted 11.5 million metric tons of CO2 in 2023, equivalent to 2.9 percent of total UK territorial emissions.
Gasum Provides Bio-LNG to Equinor
The company is bunkering ISCC-EU certified mass balanced bio-LNG to Equinor's chartered platform supply vessel Island Crusader.
North America Breaks Rig Gain Streak
North America's rig count stayed flat week on week, according to Baker Hughes' latest rotary rig count.
Customer Growth Boosts Atmos Energy Earnings
'We continue to benefit from solid economic growth in our service territory'.
Saipem Launches Buyback for Up To 18.6 Million Shares
Saipem launched the redemption of up to 18.6 million shares for the 2024 portion of a three-year repurchase program.
EIB Lends $54.6MM to Matrix Renewables for Five Solar Projects in Spain
To rise in the regions of Castilla y Leon and Extremadura, the facilities have an installed capacity of 240 MW.
European Gas Trades Near 2024 High, Luring Imports of LNG
Elevated gas prices in the crucial stockpiling season will likely divert more liquefied natural gas to the region from the U.S., Europe's top supplier of the fuel.
USA EIA Reveals Latest World Oil Consumption Forecast
The EIA expects world petroleum and other liquid fuels consumption to come in at 102.94 million barrels per day this year.
Another LNG Tanker Seen Docking at Russian Terminal Sanctioned by US
A second LNG tanker docked at an export terminal in northern Russia that's subject to U.S. sanctions, satellite images show.
Nakilat Posts Seven Percent Increase in H1 Profit
The LNG shipper reported $227.7 million in net income for the first half of 2024.
Libya's NOC Expects to Add 30,000 Bpd of Capacity at Mellitah Complex
The NOC said it is working on increasing the production capacity of the Mellitah oil and gas processing complex by 30,000 bpd, days after declaring force majeure on the Sharara field.
Marathon Oil Earnings Rise
Marathon Oil reported $349 million in net income for the second quarter.
LNG Builder Plans New UK Terminal to Help Cut Reliance on Europe
'It is a bold move, but the UK is too dependent on interconnectors'.
UAE Bans Eswatini-Flagged Ships in Fresh Shadow-Fleet Crackdown
The United Arab Emirates banned arriving ships that carry the flag of landlocked African nation Eswatini.
