Industry News

Chevron, Engine No1 Announce Power Solution Partnership for US Data Centers

Industry News - Thu, 2025-01-30 05:53
'We are proud to play our part in bringing to fruition President Trump's vision for a new American golden age', Chevron Corporation's CEO and Chairman Mike Wirth said.

Tamboran Starts New Well Stimulation Campaign in Australia's Beetaloo Basin

Industry News - Thu, 2025-01-30 05:05
The wells are planned to supply the proposed Shenandoah South Pilot Project, which is expected to produce 40 million cubic feet of natural gas a day with production expected to start mid-2026.

EOG Wins Two New PSCs in Trinidad

Industry News - Thu, 2025-01-30 04:15
Trinidad and Tobago signed two new production sharing contracts with EOG, which is already producing in the Caribbean country.

SC Analysts Say US Tariffs on Canada Oil Would Likely be Counterproductive

Industry News - Thu, 2025-01-30 03:31
'Canada provided 75 percent of U.S. heavy crude oil imports in 2024', Standard Chartered analysts highlighted.

Shell Logs Lower Q4 Profit on Weaker Prices

Industry News - Thu, 2025-01-30 03:11
Shell reported $3.66 billion in adjusted earnings, its definition of bottom line, for the fourth quarter of 2024.

ADNOC Says Achieved Benchmark Low Carbon Intensity at Shah Oil Field

Industry News - Thu, 2025-01-30 00:49
The Shah field's carbon intensity is now 0.1 kgCO2e/boe, a benchmark among global oil fields, according to ADNOC.

KBR Scores Contract to Support Saudi Energy Future

Industry News - Thu, 2025-01-30 00:37
KBR will contribute to the delivery of Aramco's Master Expansion Program and increase gas handling capacity at key regional locations.

Alberta to Boost Wealth Fund to Wean Itself Off Oil Revenue

Industry News - Thu, 2025-01-30 00:28
Alberta plans to boost its wealth fund roughly tenfold to $173 billion by 2050 in a bid to wean itself off volatile natural resources revenue.

WTI Slips Below $73 as Canada-Mexico Tariff Uncertainty Grows

Industry News - Wed, 2025-01-29 14:38
Oil prices declined after Trump's commerce pick suggested Canada and Mexico could avoid tariffs, reversing earlier gains driven by trade concerns and geopolitical tensions.

Trump's Transport Secretary Orders Fuel-Economy Rule Rewrite

Industry News - Wed, 2025-01-29 14:00
Newly appointed Transportation Secretary Sean Duffy ordered a rewrite of more stringent U.S. fuel-economy rules.

IPAA Announces New Chairman

Industry News - Wed, 2025-01-29 10:45
The Independent Petroleum Association of America (IPAA) has announced its new board chairman.

6 MW Solar Farm Goes Online in Fitchburg, Wisconsin

Industry News - Wed, 2025-01-29 09:25
Madison Gas and Electric put into service the six-megawatt Strix Solar facility in Fitchburg, Wisconsin.

Trump Freeze Targets Biden's Green Bank, EV Tax Credits And More

Industry News - Wed, 2025-01-29 09:00
A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among items being targeted for review.

EIA Increases 2025 USA Diesel Price Forecast

Industry News - Wed, 2025-01-29 07:49
According to its January STEO, the EIA sees the diesel price averaging $3.66 per gallon in 2025.

Atlas Buys Power Tech Firm Moser for $220 Million

Industry News - Wed, 2025-01-29 06:54
'The combination of Atlas's completion platform and Moser's distributed power platform creates an innovative, diversified energy solutions provider'.

US FERC Affirms Approval for Transco Pipeline Expansion in Remanded Case

Industry News - Wed, 2025-01-29 06:13
Acting on a court remand, the regulator redeclared a decision to grant authorization for an Atlantic pipeline expansion project by Transco.

EnQuest to Acquire Harbour's Vietnam Assets

Industry News - Wed, 2025-01-29 06:00
'Our entry into Vietnam is highly complementary to EnQuest's well-established and high-performing Malaysia business and significantly enhances the scale of our operations and opportunity in South East Asia'.

Broader DeepSeek Market Reaction Extended into USA Natural Gas

Industry News - Wed, 2025-01-29 05:54
The broader market reaction to the new R1 AI model from DeepSeek extended into U.S. natural gas, analysts at Standard Chartered Bank said in a report sent to Rigzone.

Iberdrola to Power Agrati Factories in France with Pas-de-Calais Wind Farm

Industry News - Wed, 2025-01-29 04:15
Agrati agreed to purchase all electricity generated from Iberdrola's 10.25-MW Florembeau wind farm in the French region of Pas-de-Calais.

Libya Resumes Loading Oil from Key Eastern Ports as Protests End

Industry News - Wed, 2025-01-29 01:00
Libya resumed loading oil from two eastern ports that account for a third of its exports after they were halted for a day by protesters.

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