US DOE, Tribes Form Working Group on Carbon Capture, Clean Energy
The working group will focus on technical assistance and capacity building to help Tribes leverage funding opportunities related to carbon capture, methane mitigation, critical minerals, and the repurposing of retired fossil fuel infrastructure.
Kremlin Oil Revenue Down 29 Percent in October Amid Lower Prices
Oil-related taxes, a key source of financing for Russia's war against Ukraine, shrank to $10.7 billion last month.
Tight US Election Polls Drive C-Suite Angst over Taxes
Earnings calls have been filled with talk of uncertainty about the aftermath of Tuesday's election, which has delayed spending as potential policy changes loom large.
Chesapeake Utilities Completes Florida RNG Project
The $22 million project uses dairy manure to produce pipeline-quality gas with an annual capacity of 100,000 dekatherms.
Deltic Confirms Gas in North Sea's Selene Prospect
'We are looking forward to engaging with Shell and Dana as we work through the customary post-well analysis and preparation of a plan which will move the Selene discovery towards development over the coming year'.
ConocoPhillips Raises Share Buyback Plan to $20 Billion
ConocoPhillips also raised its ordinary dividend by 34 percent to $0.78 per share.
Kumul Closes Buy of Additional PNG LNG Stake from Santos after Chevron Deal
Papua New Guinea's national oil and gas company completed a transaction to acquire from Santos an additional interest in the PNG LNG project, after securing an offtake agreement with Chevron to help fund the purchase.
Guyana, Suriname Could Be Cost-Competitive Regional LNG Suppliers: WoodMac
The Haimara cluster in Guyana's Stabroek block and the Sloanea discovery in Suriname's Block 52 could supply up to 12 MMtpa of LNG by the next decade, according to WoodMac.
Diesel Market Growth in India Slows Down
In the first 10 months of 2024, volumes expanded by just 1.8 percent, the slowest pace since 2020, when pandemic lockdowns hit demand.
Oil Rallies on OPEC+ Decision and US Election Jitters
A weaker dollar and election uncertainty support rising oil prices, as traders reassess market positions.
Trudeau to Order Oil, Gas Producers to Cut Emissions by 35 Pct
Prime Minister Justin Trudeau's government will require Canada's oil and gas industry to cut emissions by 35 percent from 2019 levels.
Valero to Complete Succession Plan with Riggs Becoming Chair
Effective December 31, Joseph W. Gorder will retire from his position as Executive Chairman and a member of the board.
Will USA Election Outcome Affect OPEC+ Policy?
Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.
South Korea Weighs Buying More USA Energy If Trump Wins Election
The U.S. election on Tuesday is shaping up to be a tight race between Trump and Vice President Harris.
Altagas Posts Record Exports of LPGs to Asia
'This strong operating performance, despite these interruptions, reiterates the value of having multiple export terminals to overcome short-term impacts'.
Iberdrola, Invenergy Win Offshore Wind Areas in Gulf of Maine
The four leases, which constitute the first offshore wind lease sale involving the Gulf of Maine, can power over 2.3 million homes, the BOEM said.
Industry Body Responds to Autumn Budget
'There is a different path for this industry', OEUK's CEO said.
Enbridge Meets Estimates, Closes Multiple Acquisitions in Quarter
'The macro-outlook for energy infrastructure demand and the value of incumbency has never been higher'.
Oil Futures Advance After OPEC+ Move
'This move extends the existing output cut of 2.2 million barrels into December, responding to falling prices and weak demand'.
Equinor to Raise Stake in Northern Marcellus with $1.25 Billion EQT Deal
The involved assets have a projected 2025 production of 350 MMcfd net.
