U.S. Crude Hits a Record While Key Export Data Goes Dark
U.S. oil production hit another record in September, but the bigger story in this month’s Petroleum Supply Monthly is what isn’t in the report: actual export data. Because the U.S.…
Ecopetrol Shoulders the Load as Petro’s Oil Policies Squeeze the Patch
Colombia’s Ecopetrol is pressing ahead with a 2026 spending plan of 22–27 trillion pesos ($5.9–$7.2 billion), essentially holding the line from this year despite a political climate that couldn’t be…
OPEC+ Reaffirms Decision to Pause Production Hikes
A statement posted on OPEC’s website on Sunday revealed that, in a meeting held that day, Saudi Arabia, Russia, Iraq, the United Arab Emirates (UAE), Kuwait, Kazakhstan, Algeria, and Oman…
How LogiCO2 boosts safety in wine processing and more
Carbon dioxide is a crucial gas in industry today, and also created in many natural processes. But there are risks that attach. Wherever CO2 could be present in higher concentrations,…
UK Court Lets North Sea Drilling Hopes Live Another Day
A London judge has knocked back a lawsuit aimed at stopping 28 offshore oil and gas exploration licences, giving the government a win it probably didn’t expect this week. Oceana…
Russia’s Gazprom Turns to Profit in Q3
Russian gas giant Gazprom booked a net income for the third quarter versus a loss a year earlier, when it was hit by a one-off tax for the Russian budget.…
Germany Seeks Looser EU Rules of Gasoline Cars Phase-out by 2035
Germany will plead with the EU to allow plug-in hybrids and highly efficient conventional cars to be sold in the bloc even after the effective ban on gasoline and diesel…
U.S. LNG Exports Set to Surge 40% as Europe Buys Record Volumes
Exports of liquefied natural gas from the United States are on track to book a 40% annual increase this month, hitting 10.7 million tons, projections from Kpler have shown, as…
UK Nuclear Projects Set to Add $1.3 Billion a Year to Power Bills
Subsidies and Contracts for Difference (CfD) that the UK government has promised to the two projects for new nuclear power stations are expected to add $1.32 billion (£1 billion) annually…
Saudi Arabia Set to Slash Oil Prices to Asia for January
Saudi Arabia is expected to slash the prices for its crude bound for Asia in January to the lowest premium to benchmarks in five years, as the world’s largest crude…
