Germany to Provide $2.3B Aid for Decarbonization of Industrial Sectors
Germany received clearance from the European Commission for $2.3 billion in state support for projects to migrate industrial sectors from fossil fuels to renewable hydrogen, as well as projects to electrify industrial processes.
Chile's ENAP Says Working on Decarbonization Plan
ENAP's decarbonization plan will adopt targets for 2035 and 2050.
Valeura Makes Three Oil Discoveries Offshore Thailand
Valeura declared three new oil discoveries in the Gulf of Thailand.
EU Offers $900MM in Funding for Energy Infrastructure Projects
The call will open for submission on April 30 and will close on October 22.
USA Regional Banks Dramatically Step Up Loans to Oil and Gas
A group of U.S. regional banks is ratcheting up lending to oil, gas and coal clients.
An Already Bad Situation in the Red Sea Just Got Worse
'An already bad situation in the Red Sea and Gulf of Aden has just got worse,' Xeneta Chief Analyst Peter Sand said.
Oil Markets Were Already Positioned for Iran Attack
'The market had been bracing for this scenario', analysts at FGE said.
Oil Falls as Traders Anticipate Israeli Retaliation Against Iran
Oil retreated from session lows as traders await Israel's response to an unprecedented attack from Iran.
House to Vote on China's Iranian Oil Imports After Israel Attack
The U.S. House of Representatives is poised to vote Monday on legislation aimed at countering China's purchase of Iranian crude oil.
US, Japan Team Up for Commercialization of Fusion Energy
Japan and the U.S. agreed to cooperate on research and the development of the supply chain for the societal deployment of fusion energy.
Is The Iran Nuclear Deal Revival Project Dead?
'There has been no meaningful progress on either side', the President of Transversal Consulting told Rigzone.
BMI Reveals Latest Henry Hub Price Forecasts
BMI revealed its latest Henry Hub front month natural gas price forecasts out to 2028.
Equinor Advances First Battery Storage Projects in USA
The two projects have a combined total capacity of 110 MW, providing a valuable source of energy security for the Texas grid once operational.
EIA Raises WTI Oil Price Forecasts
The U.S. Energy Information Administration raised its West Texas Intermediate oil price forecast for 2024 and 2025.
BMI Says Australia's LNG Exports Will Drop This Year
Australia's liquefied natural gas (LNG) exports will drop this year, continuing a trend from last year after reaching a record high in 2022.
ExxonMobil Makes FID on 6th Project in Contested Guyana Asset
Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027.
What's Next for Oil? Analysts Weigh In After Iran's Attack
Oil futures were barely moved by Iran's unprecedented attack on Israel.
CNOOC Bags Contract for 4.6 MMcf of LNG for Philippines
The single LNG cargo is scheduled for delivery next month.
ORE Catapult Looks for New CEO as Jamieson Steps Down
Andrew Jamieson is set to step down as CEO of renewables research organization ORE Catapult at the end of 2024.
Mitsui's STATS Group Makes Leadership Change
Leigh Howarth will be replaced by Stephen Rawlinson, currently STATS Group's director for North America and global sales director.
