Natural Gas Prices Are Starting to Look Exciting to Bulls
Rigzone talks to several analysts about the U.S. natural gas price.
Shell Shakes Up Executive Committee Ahead of New Strategy
Shell Plc said it is making further changes to its executive committee.
Cactus Posts Lower Profit for Q4
'Although expectations for 2025 U.S. land activity levels remain soft, we have several initiatives underway that are intended to grow our customer base and mitigate potential tariff impacts'.
Essential Utilities Delivers Higher Profit for Q4
The gas and water utility reported $184.7 million in quarterly net income.
Vermilion Closes Acquisition of Westbrick
The company said that the acquisition adds stable annual production of 50,000 barrels per day (boepd).
McKinsey: Overall Profitability of Oil, Oil Products Decreased in 2024
The overall profitability of oil and oil products decreased in 2024, a McKinsey report on commodity trading stated.
EOG Ventures into Bahrain with Exploration Project
EOG and Bapco Energies will 'evaluate a promising gas exploration prospect in the kingdom'.
Pembina Acquires Stake in Alberta Electricity, Data Center Project
The Greenlight Electricity Centre (GLEC) is a proposed multi-phase gas-fired combined cycle power generation facility of up to 1,800 megawatts.
OPEC+ Countries Will Start Unwinding 2MM Bpd Cut from April
'This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.
TotalEnergies Launches 8th Biomethane Plant in France
The new BioNorrois plant, located in Fontaine-le-Dun, will produce 153 gigawatt-hours (GWh) of biomethane per year.
Ukraine Secures Norwegian Aid to Fund Gas Purchases
Norway is providing Ukraine about $402.08 million in financial support to help it procure natural gas and ensure nuclear safety.
US Poised to Account for One-Third of Global LNG Supply by 2035: Shell
The U.S.' share of the world's LNG trade is regaining momentum at a pace that could reach two times the consumption of Japan and South Korea combined by 2035, Shell projects.
ADNOC, OMV to Create Major Polyolefins Player
OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under the new JV.
Aramco Cuts World's Biggest Dividend
Aramco cut the world's biggest dividend in a blow for Saudi Arabia's widening budget deficit, as the company seeks to relieve the stress on its own finances.
Rosneft's Ufa Oil Refinery in Bashkortostan Catches Fire
A fire broke out at Rosneft PJSC's Ufa refinery in the Russian republic of Bashkortostan early Monday.
Crude Futures Plunge as OPEC+ Revives Supply
Oil prices plunged after OPEC+ unexpectedly restarted halted production, intensifying global crude surplus concerns.
North America Adds Rigs WoW
North America added five rigs week on week, according to Baker Hughes' latest North America rotary rig count.
SLB Clears US Regulatory Review of ChampionX Acquisition
However, the merger is facing an extended review in Norway for potential harm to competition.
US DOE Eases LNG Bunkering Restrictions
The US DOE withdrew a blanket order that extended LNG export regulations to ship-to-ship transfers of LNG for use as marine fuel.
British Columbia to Enforce Local Biofuel Content Requirements
Starting Jan. 1, 2026, the minimum 5 percent renewable-fuel requirement for gasoline must be met with eligible renewable fuels produced in Canada.
