Natural Gas Price Drops Below $3 ‘Amid Lack of Support’
In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, outlined that the natural gas price dropped below $3…
Petronas Looks to Sell Brazil Field Stake
Malaysia’s Petronas is looking for buyers for its 50% stake in the Tartaruga Verde field in Brazil, eyeing proceeds of up to $1 billion, Bloomberg has reported, citing unnamed sources.…
Diamondback Warns of Oil Supply Excess
Diamondback Energy expects a jump in crude oil production globally in the second half of the year, which could lead to a glut, the company’s chief executive said in a…
Asia’s Coal Imports Dip as China and India Cut Purchases
Asia’s imports of thermal coal by sea slipped by nearly 8% in July from a year earlier, as a rebound in Japanese and South Korean purchases couldn’t offset declines in…
Where Did ExxonMobil’s Oil, Gas Output Come From in 2Q?
ExxonMobil revealed a breakdown of its oil and gas production in the second quarter of this year in its latest results statement, which was posted on the company’s website recently.…
Meritus expands distribution network with Cameron Welding and Buckeye Welding partnerships
US packaged gas distribution network Meritus Gas Partners has partnered with industrial gas distributors Cameron Welding Supply and Buckeye Welding Supply. Cameron Welding Supply is based in Stanton, California, and…
Two more projects look to join UK’s HyNet carbon capture cluster
Two new carbon capture projects have entered negotiations to join the UK’s HyNet cluster, marking a potential expansion of the project’s Track-1 CCS network. The first is Uniper’s Connah’s Quay…
Two more projects look to join UK’s HyNet carbon capture cluster
Two new carbon capture projects have entered negotiations to join the UK’s HyNet cluster, marking a potential expansion of the project’s Track-1 CCS network. The first is Uniper’s Connah’s Quay…
Exxon Signs Oil Deal in Libya
Exxon has inked a preliminary deal for exploration at four offshore blocks in Libya after a decade of absence from the country. The news was reported by Libya’s National Oil…
Naphtha Cushions China’s Q2 Oil Demand Decline
China’s oil demand declined year-on-year in the second quarter of 2025, but strong naphtha consumption helped limit the drop, according to a new report by Energy Intelligence, which estimates that…
