Masdar and Tadweer team up on waste-to-SAF project in Abu Dhabi
UAE clean energy major Masdar and waste management firm Tadweer Group are teaming up to develop what they claim will be the first commercial-scale waste-to-sustainable aviation fuel [SAF] project in…
USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 3.4 million barrels from the week ending November 7 to the week ending November 14,…
Rosneft’s Vanishing Dividend: A Warning Shot for Moscow’s Oil Economy
Russia’s largest oil producer just flashed a signal Moscow didn’t want to see: Rosneft is recommending its smallest interim dividend since the pandemic year of 2020. For a company that……
Exxon Revives Mozambique LNG After Four Years in Limbo
Exxon Mobil has finally lifted force majeure on the long-stalled Rovuma LNG project in northern Mozambique, clearing the first real procedural hurdle the $30-billion development has seen in years. The…
India’s Reliance Industries Officially Shuts the Door on Russian Crude
India’s Reliance Industries has officially stopped importing Russian crude into its giant Jamnagar refining complex as of November 20—a sharp and early pivot that signals just how seriously Indian refiners…
Tullow Oil shares hit record lows as refinancing fears deepen
(Bloomberg) – Tullow Oil Plc sank to a record low, with trading of the shares briefly halted in London, after the company said it’s contemplating alternatives to refinance its looming…
Tullow Oil shares hit record lows as refinancing fears deepen
Tullow Oil shares collapsed to a record low after the company signaled it may pursue alternative refinancing measures to address upcoming debt maturities. With net debt now expected to reach…
Russian Attacks Cripple Ukraine’s Nuclear Power Output
Russian attacks on energy infrastructure in western Ukraine have left hundreds of thousands of Ukrainians without power as of Thursday as nuclear power plants are curbing generation because of damaged…
Exxon to Buy Stake in Enterprise’s New Permian NGL Pipeline
Oil and gas supermajor ExxonMobil will buy a 40% stake in the new Bahia natural gas liquids (NGL) pipeline from Enterprise Products Partners as producers and pipeline operators expand gas…
Massive Blaze Erupts at PDVSA’s Petrocedeno Facility
A massive fire has erupted at a crude oil upgrader project in Venezuela after an explosion was heard near the distillation tower, workers on site and sources at state oil…
