Industry News

Delfin LNG Secures License from MARAD to Operate Deepwater Port

Industry News - Mon, 2025-04-14 06:51
'The level of support by the President of the United States and his administration for the development of critical energy infrastructure has been truly remarkable'.

USA EIA Cuts Brent Oil Price Forecast for 2025 and 2026

Industry News - Mon, 2025-04-14 06:31
The U.S. Energy Information Administration cut its Brent spot price forecast for 2025 and 2026 in its latest short term energy outlook.

OPEC+ Policy Shift 'Highly Significant'

Industry News - Mon, 2025-04-14 04:36
Analysts at Standard Chartered Bank noted that, in their view, 'the shift in OPEC+ policy announced on April 3 is a highly significant one'.

United Oil Secures Two-Year Extension for Jamaican Asset

Industry News - Mon, 2025-04-14 03:59
United said it has resumed talks with selected parties who had previously expressed interest before the farm-out process was suspended in December 2024.

Abu Dhabi's Adnoc Said to Weigh Bid for $9B Aethon Assets

Industry News - Mon, 2025-04-14 02:51
Adnoc has been among the most active dealmakers globally over the past year, buying assets from the US and Europe to Africa.

Perenco Completes CCS Injection Test in UK North Sea

Industry News - Mon, 2025-04-14 02:42
The test involved the injection of CO2 into a depleted natural gas reservoir in the UK's Southern North Sea.

Perma-Pipe Bags $27 Million Contracts in Americas, MENA

Industry News - Sun, 2025-04-13 06:00
Perma-Pipe is cashing on growing demand 'fueled by market growth in data centers, rising investments in pharmaceuticals and industrial sectors, and the expansion of midstream energy projects'.

BP Warns of Rising Debt Amid Lower Output, Weak Gas Trading

Industry News - Sat, 2025-04-12 07:00
BP Plc said debts mounted in the first quarter.

TC Energy Rules Out Sale of Canadian Mainline Pipeline

Industry News - Fri, 2025-04-11 16:00
TC Energy Corp. Chief Executive Officer Francois Poirier ruled out selling the Canadian Mainline natural gas pipeline.

Oil Rebounds but Weekly Losses Continue

Industry News - Fri, 2025-04-11 14:39
Oil prices rose Friday but marked a second weekly loss due to deepening US-China trade tensions and demand concerns.

Natural Gas Searching for 'Near Term Equilibrium'

Industry News - Fri, 2025-04-11 09:32
Eli Rubin, an energy analyst at EBW Analytics Group, noted that natural gas is searching for 'near term equilibrium'.

Mubadala Secures Its First Gas Production, Export Assets in US

Industry News - Fri, 2025-04-11 09:30
Kimmeridge will give the UAE sovereign investor stakes in the Eagle Ford and the planned Commonwealth LNG.

Texas Is Ground Zero for the USA Battery Boom

Industry News - Fri, 2025-04-11 08:03
The Lone Star State may be the heart of America's oil and gas map, but it's quickly becoming the biggest installer of a technology key for renewables development.

Aker BP, SLB, Stimwell Extend Alliance by 5 Years

Industry News - Fri, 2025-04-11 08:00
The alliance will play a key role in putting wells on stream across Aker BP's field development projects.

Equinor Consolidates Power Assets into New Segment

Industry News - Fri, 2025-04-11 07:10
The Norwegian integrated energy company said the change will better position it to capitalize on growing electricity demand.

TGS Releases Gulf Coast Carbon Storage Dataset

Industry News - Fri, 2025-04-11 07:00
The latest assessments integrate petrophysical and stratigraphic analysis from 2,326 wells and utilizes over 150 core analysis reports.

USA Crude Oil Inventories Rise by 2.6MM Barrels WoW

Industry News - Fri, 2025-04-11 06:27
'At 442.3 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year', the U.S. Energy Information Administration said.

Malaysia, Vietnam to Extend Agreements on Border Fields

Industry News - Fri, 2025-04-11 05:35
Petronas and Petrovietnam agreed to extend their production sharing contract and gas sales agreement for the PM3 Commercial Arrangement Area for another 20 years.

Masdar Completes Acquisition of Greek RE Firm Terna Energy

Industry News - Fri, 2025-04-11 04:25
Terna Energy contributes an installed capacity of 1,224 MW to Masdar.

Aisha Bowe Completes Astronaut Training at Houston 3t Facility

Industry News - Fri, 2025-04-11 03:09
3t's training center in Houston is a safety critical training facility for energy and high risk environments, 3t highlighted.

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