Industry News

USA Needs More Electricity to Win AI Race, Says Trump Energy Czar

Industry News - Sat, 2025-01-18 06:00
'Without baseload, we're going to lose the AI arms race to China'.

Oil Notches Fourth Weekly Advance as Sanctions Threaten Supplies

Industry News - Fri, 2025-01-17 15:03
Oil notched its fourth straight weekly gain, the longest run since July.

Biden Makes Last-Minute Bid to Thwart Arctic Oil Drilling

Industry News - Fri, 2025-01-17 13:00
The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska's National Petroleum Reserve.

USA EIA Reveals Latest WTI Oil Price Forecasts

Industry News - Fri, 2025-01-17 09:59
The U.S. Energy Information Administration revealed its latest West Texas Intermediate spot price forecasts in its January short term energy outlook.

Japan Watching for Any Impact on LNG From New Russia Sanctions

Industry News - Fri, 2025-01-17 09:31
Tokyo will closely monitor the rollout of new U.S. sanctions on Moscow for any impact on shipments of liquefied natural gas from Russia's Far East.

Westinghouse, KEPCO Settle Dispute over Nuclear Tech Rights

Industry News - Fri, 2025-01-17 09:30
'As the world demands more firm baseload power, we look forward to opportunities for cooperation to deploy nuclear power at even greater scale'.

BP Confirms Job Cuts

Industry News - Fri, 2025-01-17 06:42
BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday.

PakEnergy Acquires Well Management Software Firm

Industry News - Fri, 2025-01-17 06:00
'The Petrosight system addresses the critical need for timely well data and perfectly complements our land management, field data capture, and accounting systems'.

Union Says More Than Half of MSPs Support North Sea Oil, Gas Campaign

Industry News - Fri, 2025-01-17 05:24
Unite announced that more than half of the members of Scottish parliament have backed its North Sea oil and gas No Ban Without a Plan campaign.

Chevron, Brightmark Start Production at 10 RNG Plants in US Midwest

Industry News - Fri, 2025-01-17 04:42
The Chevron-Brightmark joint venture is now one of the leading dairy RNG producers in the U.S.

Chevron Names Laura Lane as New VP

Industry News - Fri, 2025-01-17 03:12
Laura Lane will take over from Al Williams, who will retire in April.

Singapore, US Agree Civil Nuclear Cooperation

Industry News - Fri, 2025-01-17 01:27
The pact provides for 'a mutually aligned approach to non-proliferation on civil nuclear issues and for engagement between experts from government, industry, national laboratories and academic institutions'.

ADNOC Pilots Levidian Tech That Produces Graphene, Hydrogen from Methane

Industry News - Fri, 2025-01-17 00:54
ADNOC Gas installed Levidian's patented technology that generates hydrogen and graphene from methane at the Habshan gas processing plant complex in Abu Dhabi.

Gas, Coal Production in China at Record High Last Year

Industry News - Fri, 2025-01-17 00:30
Gas surged 6.2 percent to 246 billion cubic meters.

ASCO Bags 5-Year Contract from Aker BP for Logistics Services

Industry News - Thu, 2025-01-16 20:18
The contract encompasses services including warehouse management, load carriers, waste services, and personnel leasing for logistics.

Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze

Industry News - Thu, 2025-01-16 15:00
There are two main approaches under consideration by the Trump team.

WTI Corrects After Five-Month Highs

Industry News - Thu, 2025-01-16 14:30
Oil prices retreated from recent highs as markets adjusted to Russian sanctions, mixed signals from President-elect Trump, and shifting demand dynamics.

Extreme Cold From NY to Texas Threatens to Topple Records

Industry News - Thu, 2025-01-16 11:07
A blast of extreme cold is poised to descend on the central U.S. this weekend before spreading to New York and the rest of the East Coast.

USA Crude Oil Stocks Drop 2MM Barrels WoW

Industry News - Thu, 2025-01-16 10:41
Crude oil stocks, excluding the SPR, stood at 412.7 million barrels on January 10, the EIA revealed.

TXO Identifies Potential 3 Tcfe of Gas in San Juan Basin

Industry News - Thu, 2025-01-16 08:59
'On an oil equivalent basis, we believe this could represent as much as five times our current total reserve base.'

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