Industry News

BP Solar Farm in Texas Starts Delivery for ExxonMobil Petrochemical Plant

Industry News - Mon, 2025-01-27 07:07
BP put online a 187-MW solar facility in San Patricio County, which has been contracted to help power a local petrochemical complex operated by ExxonMobil.

EIA Expects USA Gasoline Price to Drop in 2025 and 2026

Industry News - Mon, 2025-01-27 06:42
The U.S. Energy Information Administration expects the U.S. retail regular gasoline price to drop this year and next year.

ADNOC Gas Inks $10B Gas Deal with UAE's EWEC

Industry News - Mon, 2025-01-27 06:00
The flexible natural gas supply will be delivered to plants across Abu Dhabi and the UAE.

Cerulean Winds Picks Ardersier as Deployment Port for Scottish Projects

Industry News - Mon, 2025-01-27 03:56
'Cerulean's commitment to using the facility marks a major step toward realizing the UK and Scottish governments' vision of creating a world-leading floating offshore wind industrial base'.

SEB: 'Very Low' Probability Trump Can 'Arm Wrestle' MBS to Produce More Oil

Industry News - Mon, 2025-01-27 03:33
'Saudi Arabia ... needs an oil price of $80 per barrel more than ever,' SEB Chief Commodities Analyst Bjarne Schieldrop said.

ADNOC Bags Japanese Order for Three-Year LNG Supply

Industry News - Mon, 2025-01-27 02:12
ADNOC won a $450 million contract to deliver LNG to Japan for three years.

Low Price, High Freight Keep Russian Crude Flowing, Says Goldman Sachs

Industry News - Mon, 2025-01-27 00:59
Sweeping US sanctions on Russia's oil industry are unlikely to result in a 'large hit' to production, according to Goldman Sachs.

Santos Posts Quarter-on-Quarter Growth in Sales Revenue

Industry News - Mon, 2025-01-27 00:22
Santos logged $1.4 billion in sales revenue for Q4 2024.

Nisha Biswal Named to Excelerate's Board

Industry News - Sun, 2025-01-26 05:00
Biswal now serves on Excelerate's Audit and Nominating and Corporate Governance Committees.

Putin Says He's Ready to Discuss Oil, Energy Issues With Trump

Industry News - Sat, 2025-01-25 06:00
Both Russia and the U.S. are top global oil producers and consumers, Putin said in an interview with state-owned Rossiya 24 TV.

Oil Falls Recording Weekly Decline Amid Trade War Threats

Industry News - Fri, 2025-01-24 15:01
Oil prices posted their first weekly decline of the year as President Trump's trade war threats, calls for lower OPEC+ prices, and Russian sanctions influenced market fluctuations.

Trump Order Offers a Chance to Revive Keystone XL Pipeline

Industry News - Fri, 2025-01-24 15:00
President Donald Trump appears to have opened the door for construction of the Keystone XL pipeline.

USA Crude Oil Inventories Drop 1 Million Barrels WoW

Industry News - Fri, 2025-01-24 10:20
Crude oil stocks, excluding the SPR, stood at 411.7 million barrels on January 17, according to the EIA.

Chevron Unlocks New Production in Tengiz Field onshore Kazakhstan

Industry News - Fri, 2025-01-24 09:38
A Chevron-led consortium achieved first oil at a third processing plant in the Tengiz oil field, which is now expected to ramp up output to one million barrels of oil equivalent a day.

Bowman Bags Geodetic Survey Job from Energy Infrastructure Major

Industry News - Fri, 2025-01-24 08:30
The contract from an American energy infrastructure major includes quarterly surveys to assess infrastructure stability, evaluate geohazard risks, and ensure compliance with regulatory requirements.

UAE's Masdar to Develop 1 GW of Clean Energy in Philippines

Industry News - Fri, 2025-01-24 07:00
The agreement follows a memorandum of understanding on Energy Transition Cooperation signed in November 2024 between the two countries.

ConocoPhillips Takes Over Kebabangan Cluster offshore Malaysian Borneo

Industry News - Fri, 2025-01-24 06:23
Petronas and Shell exited the Kebabangan PSC offshore Sabah, leaving the producing asset to co-venturer ConocoPhillips.

Rystad Says Significant Uptick in USA Oil Output Highly Unlikely

Industry News - Fri, 2025-01-24 06:20
'Despite President Trump's intentions, a significant uptick in U.S. oil production is highly unlikely', Rystad noted in a special U.S. policy oil and gas market update sent to Rigzone.

Tenaska Inks MoU with BC Firm to Deliver CCS Solutions

Industry News - Fri, 2025-01-24 06:00
The two companies will 'combine their technology and services to provide end-to-end CCS value chain solutions to select customers'.

Eni Starts Production at 400,000 MMtpa SAF Plant in Italy

Industry News - Fri, 2025-01-24 04:52
Eni said the capacity represents nearly a third of Europe's SAF demand in 2025.

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