Oil Industry Spurned by Supreme Court on Hawaii Climate Suit
The U.S. Supreme Court buttressed efforts by environmental advocates to hold oil companies accountable for climate change.
Advanced Ionics Raises Additional $6.7 Million for New Electrolyzer Tech
Advanced Ionics raised $6.7 million in additional funding for a new electrolyzer technology that uses waste heat from industrial sources and works with a wide range of temperatures.
Russia's Budget Oil Revenue Spiked by Almost a Third in 2024
Russia's oil proceeds to the state budget increased by almost a third last year to the highest since at least 2018.
Enverus Releases List of 'Most Prolific' Public Oil, Gas Operators in USA
Enverus announced that it has released a list of the 50 'most prolific ... public oil and gas operators in the U.S. based on gross operated production last year'.
SLB Wins Contracts to Support Shell's Global Deepwater Operations
The contracts involve Shell's deepwater and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, Mexico, and others.
Constellation to Acquire Calpine for $26.6B, Form Clean Energy Giant
The acquisition 'creates the cleanest and most reliable generation portfolio in the USA, with a diverse, coast-to-coast portfolio of zero- and low-emission generation assets'.
AccuWeather Warns Southern California to Prepare for More Extreme Fire Risk
'This will be another incredibly dangerous week near the fire zones and across much of the Los Angeles region', AccuWeather Meteorologist Alex DaSilva said.
TotalEnergies Starts Construction of $250MM Gas Facility in Iraq
The four-in-one project includes the recovery of gas that is flared at three oil fields in southern Iraq to supply electric power plants.
New ACER Tool Simulates Power Trading with Potential Virtual Hub Prices
'The data suggests that a well-designed virtual hub price would have stronger correlations with most bidding zone prices than the forward products currently used as proxies for hedging'.
Crude Oil Market Has Come Alive
'Supply is the key near-term driver', Chris Weston, Head of Research at Pepperstone, said.
Uniper Plans Abated 470 MW Gas Power Station in Humber, England
Uniper plans to build a 470-MW natural gas-fueled power station with a carbon capture facility in England's Humber region.
Norway Hits New Annual Gas Production Record
Norway's natural gas output set a new record in 2024 with 124 billion standard cubic meters sold, according to the country's upstream regulator.
Serbia Ready to Buy Russian Stake in NIS Refiner, Vucic Says amid Sanctions
Serbia's president said the country has the money to pay for Gazprom's stake in the Balkan country's only refiner to preserve production amid new U.S. sanctions against Russia.
AQN Completes Renewable Energy Business Sale
The divestment is part of AQN's transition to a 'pure-play regulated utility with reduced complexity'.
Magnolia Names New Independent Director
R. Lewis Ropp will join Magnolia's audit committee.
Texas Refineries Prepare for First Winter Storm, Frigid January
Texas refineries are bracing for an onslaught of cold, snow and freezing rain.
Oil Hits 3-Month High Amid Sanctions
Oil prices surged to a three-month high as sweeping US sanctions on Russia fueled a bullish rally, tightening global supply and propelling crude to a strong start in 2025.
USA Ramps Up Pressure on Russia With Fresh Energy Sanctions
The U.S. imposed its most aggressive sanctions on Russia's oil industry yet.
Why is the Oil Price Rising Today?
Rigzone talks to several analysts.
Shell, Chevron Start Production in Whale Field in US Gulf of Mexico
The partners expect a peak production of 100,000 boed gross.
