European nations back push for green hydrogen in shipping and aviation
European countries are to sign the Hamburg Declaration, which aims to spur green hydrogen and clean fuel use in global shipping and aviation. The declaration will be signed by energy…
European nations back push for green hydrogen in shipping and aviation
European countries are to sign the Hamburg Declaration, which aims to spur green hydrogen and clean fuel use in global shipping and aviation. The declaration will be signed by energy…
Mexico Weighs Cuba Oil Cut as Trump Pressure Mounts
Mexico is weighing whether to halt or scale back oil shipments to Cuba as concerns grow within President Claudia Sheinbaum’s government that continuing the policy could trigger retaliation from the…
Venezuela’s Heavy Oil Gets a Lifeline from US Naphtha
US naphtha has begun arriving in Venezuelan waters, marking an early and telling step in efforts to restart the country’s long-crippled heavy oil production. Ship tracking data showed a tanker…
Northwest Europe Doubles Down on Offshore Wind despite Trump’s Jab
Nine northwest European countries are set to commit to speeding up the deployment of offshore wind capacity on Monday, days after U.S. President Donald Trump criticized “money-losing windmills”, which, he…
Libya inks Waha oil expansion deal with TotalEnergies, ConocoPhillips
(Bloomberg) – Libya signed a deal with TotalEnergies SE and ConocoPhillips that would more than double production capacity of their Waha Oil venture, with investments likely to reach $20…
SLB North American Revenue Jumps after ChampionX Acquisition
The acquisition of ChampionX helped the world’s biggest oilfield services provider, SLB (NYSE: SLB), raise its North America revenue by 15% in the fourth quarter versus Q3 despite the softer…
Europe’s Gas Storage Is Draining at the Fastest Pace in Five Years
Below-average winter temperatures are driving the fastest pace of withdrawals from natural gas storage in Europe in five years, as heating demand is rising. EU gas storage sites were only…
Indian Refiner BPCL to Sign $780 Million Oil Supply Deal With Petrobras
India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) is set to sign next week an oil supply deal with Brazilian state giant Petrobras for the delivery of 12 million barrels…
A Record LNG Year Looms for Europe as Markets Rebalance
Europe is expected to import a record-high volume of liquefied natural gas this year as stronger demand for replenishing storage sites, the phase-out of Russian supply, and continued pipeline exports…
