TechnipFMC Bags Job at NEP CCS Projects
TechnipFMC will deliver the first all-electric integrated project by NEP with the CCS contract.
ConocoPhillips CEO Calls for USA to End LNG Permit Pause in November
Companies are seeking to build more U.S. Gulf Coast LNG export terminals as the western world tries to wean itself off Russian gas.
Oil Rises on Tightening Supplies
Tightening oil supplies pushed West Texas Intermediate above $83 a barrel, extending a rally that has propelled prices to the highest since October.
AT&T Agrees to Buy CDR Credits from Stratos Project
The telecom giant agreed to buy emission offsets from the Texas project by 1PointFive.
US DOE Plans $5MM in Grants for Energy Upgrades at Small Factories
Thirty-seven small- and medium-sized manufacturers are set to receive aid to implement improvements that will save energy and reduce carbon pollution at their facilities.
Two Million Acres Allotted for Offshore Wind Energy in Gulf of Maine
The U.S. BOEM finalized a wind energy area in the Gulf of Maine covering about 2.0 million acres and offering a potential 32 GW of power.
Chinese Mega Company Makes Another Major Oilfield Discovery
The company announced that it has made a 'major' oilfield discovery in the Bohai Sea.
India Buying More USA Oil as Sanctions Stifle Russian Flows
Indian oil refiners are on track to take the most American crude in almost a year.
EIA Boosts USA Crude Oil Production Forecasts
The EIA increased its forecasts for U.S. crude oil production for both 2024 and 2025 in its latest short term energy outlook.
TotalEnergies to Acquire TLCS Eyeing Bayou Bend CCS Project
TotalEnergies is acquiring Talos Low Carbon Solutions, an early-mover American company focused on CCS, from Talos Energy Inc.
Subsea7 Secures Contract to Service Woodside's Trion
Subsea7 said that the contract is 'large', which the company defines as being between $300 million and $500 million.
Adnoc Inks Supply Deal for Ruwais LNG Project with Germany's SEFE
The LNG agreement is contingent upon a final investment decision (FID) on the project, including regulatory approvals.
These Factors Helped Brent Oil Price Break Above $85
The Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB) outlined a range of factors.
Imperial Pipeline in Winnipeg Goes Offline for Three Months
Imperial is arranging alternative forms of fuel transport while the provincial government asked other companies to step in to ensure supply.
Gaz System to Acquire Gas Storage Poland
Poland's natural gas transmission system operator OGP Gaz System S.A. is acquiring 100 percent of the share capital of the operator of the natural gas storage system in the country from Orlen SA.
Sinopec Engineering Posts Higher Annual Petrochemicals Revenue
However, the state-owned energy and chemicals EPC and logistics company saw net profit land largely flat at $324.5 million as refining and coal revenues fell.
Gunvor CEO Sees Russian Refining Capacity Taking Hit from Drone Strikes
'So that will probably take down exports by a couple of hundred thousand barrels'.
Oil Climbs to Four Month High
Oil climbed to a four-month high as Ukrainian drone attacks on Russian refineries heightened geopolitical risks and key Chinese economic data beat estimates.
DEME Hires KENC for Multiple Offshore Wind Projects
KENC's work will encompass engineering and fabrication of seafastening and auxiliary structures for DEME offshore wind farms.
North America Enters Rig Loss Streak
North America dropped rigs again week on week, according to Baker Hughes.