Aramco Boosts Borrowing as Lower Oil Prices Hit Saudi Arabia
Saudi Aramco, the world’s biggest crude oil exporter and the Saudi state-owned oil giant, is back tapping the debt markets this year with an offering of dollar-denominated Islamic bonds, Bloomberg…
Italy’s Edison to Buy U.S. LNG Under 15-Year Deal with Shell
Edison will buy U.S. LNG from 2028 under a 15-year agreement with a Shell subsidiary, as part of boosting Italy’s security of supply, the Italian energy group said on Wednesday. …
U.S. Power Consumption Set To Hit Record Highs in 2025 and 2026
U.S. electricity consumption is set to hit record-high levels this year and next, as demand from data centers and industrial customers soars, the U.S. Energy Information Administration (EIA) said in…
Trump’s Bold Move to Pressure Putin
U.S. President Donald Trump has called on the EU to impose tariffs of up to 100% on China and India over their imports of Russian oil in an attempt to…
St1 Biokraft opens ‘flagship’ Sweden biogas plant
Nordic biogas player St1 Biokraft has opened a flagship plant at Mönsterås, Kalmar County, in Sweden. The large-scale biogas plant will produce, at full capacity, liquefied biogas equivalent to approximately…
Chevron to Raise Oil Production in Vaca Muerta to 30,000 Bpd by End-2025
Chevron plans to increase its oil production in Argentina’s shale play Vaca Muerta to about 30,000 barrels per day (bpd) by the end of the year, from around 25,000 bpd…
Exxon Expects Long-Term LNG Commitments From Europe
Exxon expects European gas buyers to commit to long-term supply deals with U.S. sellers, the Financial Times has reported, as Europe has become the most important market for U.S. liquefied…
Does OPEC Want a Price War?
Does OPEC want a price war? That was the question Macquarie strategists, including Walt Chancellor, asked in an oil and gas report sent to Rigzone by the Macquarie team on…
Pulsar taps Chart for helium and CO2 capture plant in US
Canada-headquartered helium development company Pulsar Helium has given the go- ahead to Chart Industries to begin engineering work for a planned helium extraction and carbon dioxide capture facility at Topaz…
Munters raises investment in Capsol Technologies
Climate control and air treatment business Munters has doubled its investment in carbon capture tech firm Capsol Technologies to €4m. The €2m private placement builds on a partnership that started…
