Air Products axes three major US projects and expects $3.1bn write-down
Air Products has exited three major US projects as its new management focuses on streamlining its backlog and prioritising initiatives that the company believes will drive shareholder value. The write-downs…
Study: Golf Courses Take Up More Land Than Solar, Wind
A recent study has found that golf courses across the world take up more land than solar or wind energy plants. The research paper titled, “Countries across the world use…
U.S. Imposes New Sanctions On Iran’s Shadow Fleet
The United States has imposed sanctions on more than 30 people and vessels for selling and transporting Iranian petroleum-related products as part of the country’s”shadow fleet,” the Treasury Department has…
Chevron To Lay Off 20% Of Global Workforce
Chevron Corp. (NYSE:CVX) has announced that it will lay off 15-20% of its global workforce and reorganize its business structure. The U.S. oil and gas major announced that it will…
bp, Iraq reach final agreement to redevelop Kirkuk oil field
bp today reached agreement on all contractual terms with the Government of the Republic of Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation…
BP’s Senegal-Mauritania LNG Project Set for First Cargo Loading
BP’s Senegal-Mauritania LNG Project Set for First Cargo Loading | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 24, 2025, 10:30 AM CST First LNG cargo loading from the…
BP Set to Scrap Renewable Energy Goal as It Boosts Oil and Gas
BP Set to Scrap Renewable Energy Goal as It Boosts Oil and Gas | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 24, 2025, 9:30 AM CST BP is…
Asian Buyers Demand Lower Prices for Qatar’s Long-Term LNG Deals
ByTsvetana Paraskova– Feb 24, 2025, 8:30 AM CST Major LNG buyers in Asia are seeking lower prices for Qatar’s new long-term supply than the Gulf exporter is offering, complicating negotiations…
Brookfield Buys National Grid’s U.S. Renewable Business for $1.7 Billion
ByTsvetana Paraskova– Feb 24, 2025, 7:30 AM CST National Grid plc has agreed to sell its National Grid Renewables US onshore renewables business to investment group Brookfield Asset Management in…
EU Imports of Russian Energy Exceed the Bloc’s Aid to Ukraine
ByTsvetana Paraskova– Feb 24, 2025, 6:00 AM CST During the third year of the Russian invasion of Ukraine, the European Union imported more fossil fuels from Russia than the financial…
