ADNOC, AIQ Complete Trial Phase of Agentic AI Solution
'The successful completion of this proof of concept for ENERGYai has shown extremely promising results', ADNOC's upstream CEO said.
Vecino to Build Gas Storage Caverns at Piedras Pintas Salt Dome
Vecino signed an agreement with DRW Energy Trading to build hydrocarbon storage services at the Piedras Pintas salt dome in Duval County, Texas.
Liquid Wind to Build eFuel Plant in Finland
Liquid Wind signed an agreement with local utility TSE to build an eMethanol facility that can produce up to 100,000 metric tons a year in Naantali, Finland.
President Trump Gives Directive to Rename Gulf of Mexico
'The Gulf will continue to play a pivotal role in shaping America's future and the global economy', Trump stated in an executive order.
PetroTal Aims to Increase Production in Peru
The capital investments will support 2025 annual average production in the range of 21,000 to 23,000 barrels of oil per day (bopd).
Iberdrola Invests $104.5 Million to Revamp Valencia Power Grid
Iberdrola has allotted $104.53 million for an initiative already underway to redesign the distribution system affected by the cold drop in the Spanish province of Valencia last October.
Norway Gas Output in December Slightly Up Month on Month
Norway produced 361.2 million standard cubic meters a day of natural gas last month, 0.11 percent higher than November.
Strategists Forecast Near 8MM Barrel USA Crude Inventory Drop
Macquarie strategists are forecasting that U.S. crude inventories will be down 7.9 million barrels for the week ending January 17.
EU Should Talk to USA Before Retaliating on Tariffs, Kukies Says
'I would say let's talk before we think about retaliation'.
Wood Bags Gippsland Basin Maintenance Deal
Wood has been contracted to deliver long-term maintenance solutions for Esso Australia-operated onshore and offshore assets in the Gippsland Basin, Victoria.
Habeck Urges Europe to Limit Reliance on US Energy
Germany's economy minister warned Europe against becoming overly reliant on US energy and urged the region to stick together in response to the new Trump administration.
OGDCL Ups Pasakhi-7 Well Production, Starts Up Chak 212-1 Well
Production at Pasakhi-7 jumped from 375 bpd to 520 bpd.
Trump Tariffs Shake Global Commodity Markets
Oil and industrial metals declined as President Trump's renewed tariff threats against Canada and Mexico stoked fears of slower global growth, while gold rose as a haven for cautious investors.
Rare Winter Storm Tests Texas Grid, Triggers Blizzard Warning in Louisiana
'The system is going to drop a blanket of snow across the entire Gulf south'.
EIA Forecasts Continued Increasing USA Crude Oil Production in 2025, 2026
The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook.
Eni to Acquire Stake in Two Solar Farms, BESS Project in California
'Through this transaction we position ourselves in the California market, one of the most relevant for the development of renewables, further diversifying Plenitude presence in the United States'.
Aramco CEO Sees 'Good' China Oil Demand Driving Growth
China is still driving growth in global oil demand, the head of Saudi Aramco said.
SEB Analyst Says Brent Oil Was Ripe for Correction
Bjarne Schieldrop, the chief commodities analyst at SEB, said Brent crude was 'ripe for a correction lower'.
H&P Closes KCA Deutag Acquisition
With the acquisition, H&P said it expects to deliver near- and long-term growth and value creation by accelerating its international growth strategy by 'significantly increasing' its Middle East presence.
President Trump Issues Raft of Energy Orders
Donald J. Trump issued a raft of energy orders during his first day as the 47th President of the United States.
