Industry News

Oklo is proposing to provide its Aurora powerhouse technology to supply reliable and emission-free electricity.

A sweeping Russian missile attack on Ukraine destroyed the largest power generating plant in the Kyiv region.

The U.S. Energy Information Administration increased its average Brent spot price forecast for 2024 and 2025 in its latest short term energy outlook.

The contracts are for Borr's Prospector 1 and Gunnlod jack-up rigs, plus a rig still to be determined.

'Damage to energy pipelines and subsea fiber optic cables has placed the resilience and security of critical underwater infrastructure in the North Sea high on the agenda'.

Chevron Corp. Chief Executive Officer Mike Wirth's pay jumped 12 percent to $26.5 million last year.

The assets will 'further enhance Global's position in the energy economy of the Northeast'.

The discovery of Albian-age turbidite reservoirs carrying oil is 'unprecedented in the Potiguar Basin'.

Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine.

Oil reversed earlier losses and quickly moved higher after it was reported that the US and its allies believe major missile or drone strikes by Iran or its proxies against military and government targets in Israel are imminent.

'This Memorandum of Understanding reflects our shared willingness to expand our strategic partnership with Sonatrach'.

The Senior Vice President of the North American Electric Reliability Corporation said today's threat landscape is dynamic, presenting challenges that are increasingly difficult to detect and protect against.

Eni-controlled renewable energy company Plentitude has started the construction of the Renopool solar park in Extremadura.

The green hydrogen project of EverWind Fuels in Nova Scotia is progressing.

It marks the first announced completion of FEED for a large-scale green hydrogen and green ammonia production facility in North America.

China's state-owned pipeline giant is working to create the country's own natural gas price index.

In its latest Maritime Security Threat Advisory, Dryad Global flagged an 'electronic warfare/interference' alert in the Red Sea.

'The projects were delayed mainly for political reasons, to pacify those who believe that gas is bad and that oil and gas projects should simply be stopped'.

Diamondback Energy borrowed $5.5 billion in the U.S. investment-grade market to partly help fund its $26 billion takeover of Endeavor Energy Resources.

An updated report gave best estimates of contingent recoverable resources of 1.2 billion barrels of marketable liquids.