Oil Giants Join OPEC in Boosting Output
The world’s biggest oil companies are expected to press ahead with plans to accelerate production growth when they report earnings this week, despite weak crude prices and higher supplies from…
Google moves on carbon capture with Illinois project
Tech giant Google has announced its first corporate agreement to support a gas power plant with carbon capture and storage (CCS). The aim is to open early 2030. , located…
Green fuels can deliver 25% of APAC emissions cuts by 2050
Green fuels and feedstocks, including hydrogen, ammonia, sustainable fuels and carbon sequestration, will be responsible for over 25% of emissions reductions in Asia-Pacific by 2050, according to a new report…
Venezuela Demands Details on Exxon’s Trinidad Exploration
Venezuela has formally requested detailed information from neighbouring Trinidad and Tobago regarding first field-tests planned by Exxon Mobil in a newly awarded ultra-deep water exploration block close to the two…
US Crude Oil Inventories Continue to Fall Despite Glut Narrative
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large dip of 4 million barrels in the week ending October 24, when analysts…
Excelerate Energy signs $450m deal for FLNG terminal in Iraq
US-based Excelerate Energy has signed a deal with a subsidiary of Iraq’s Ministry of Electricity to develop the country’s first floating liquefied natural gas import terminal at the Port of…
Topsoe to supply electrolyser tech for Spain e-methanol project
Global provider of energy transition technologies Topsoe will deliver key technology that will underpin an e-methanol production project in Galicia, Spain. The company will supply the solid oxide electrolyser cell…
YPF Extends Rally as Abu Dhabi LNG Talks, U.S. Deal Fuel Momentum
Argentina’s energy market has entered a sharp re-rating phase as YPF S.A. (NYSE: YPF) extended its rally nearly 40% over the past five days, driven by foreign investment interest and…
Slovakia’s Slovnaft Hit as Croatia’s JANAF Halts Non-Russian Crude Flows
Slovakia’s main refiner Slovnaft said Tuesday that Croatian pipeline operator JANAF had sharply reduced deliveries of non-Russian crude, threatening Central Europe’s effort to diversify away from Russian supply. The company,…
Saudi Arabia Awards Five Renewables Projects Worth $2.4 Billion
Saudi Arabia has awarded one wind power and four solar power projects in the country worth a total estimated investment of $2.4 billion (9 billion Saudi riyals), the official Saudi…
