US bill pushes support for critical chip materials
Two Pennsylvania congressmen are pushing to fill what they see as a big missing piece in US semiconductor policy: support for the materials that chipmakers rely on long before a…
The learnings from the Wood sale to Sidara
News that the $216m sale of Scotland energy giant Wood to Dubai-based Sidara has been approved by shareholders serves as a key moment not just for both companies, but for…
The learnings from the Wood sale to Sidara
News that the $216m sale of Scotland energy giant Wood to Dubai-based Sidara has been approved by shareholders serves as a key moment not just for both companies, but for…
Reliance Snaps Up Kuwaiti Crude as India Shuns Sanctioned Russian Oil
India’s Reliance Industries, the top private refiner in the country, has bought 1 million barrels of crude from Kuwait, trade sources told Reuters on Tuesday, as most Indian refiners halt…
China’s Oil Stockpiling Accelerated in October
China stockpiled crude oil at elevated rates in October, at a daily rate of some 690,000 barrels, up from 570,000 barrels daily in September, Reuters’ Clyde Russell reported today, citing…
LNG Tanker Rates Soar on Booming U.S. Exports
LNG carrier rates for the Atlantic route between the U.S. and Europe have surged close to a two-year high on strong demand for American liquefied gas as Europe fills up…
Canada to fast track Ksi Lisims LNG project under new infrastructure push
Canada Prime Minister Mark Carney has given strong support to the Ksi Lisims floating LNG export project in British Columbia, saying it is one that will “transform Canada’s energy future”.…
Turkey Plans $4B Sukuk in Energy Production Push
Turkey’s state energy company Turkiye Petrolleri AO plans to sell as much as $4 billion in Islamic debt as part of its push to expand oil and gas production, marking…
Egypt Secures Another Western Desert Gas Find
A new gas discovery in Egypt’s Western Desert has added another timely boost to the country’s strained upstream portfolio. The well, identified as Gomana-1, encountered several gas-bearing intervals based on…
Chevron Weighs Potential Purchase of Lukoil Holdings Abroad
Chevron is evaluating a potential bid for Lukoil assets placed under pressure following recent U.S. sanctions, according to an exclusive report from Reuters, adding another major Western operator to the…
