Natural Gas Inventories Rise but Heat Wave Could Fuel Strong Demand
U.S. natural gas inventories climbed by 46 billion cubic feet (Bcf) last week, keeping total storage comfortably above seasonal norms. But while the headline number suggests plenty of supply, traders…
India Unfazed by Trump Threat of Secondary Sanctions on Russian Oil Buyers
India is not concerned about President Trump’s threat to crack down on Russia’s oil exports and slap secondary sanctions or tariffs on buyers of Russian crude if no peace deal…
Goldman: The Boom Years of U.S. Oil Output Growth Are Over
The years of very rapid growth in U.S. crude oil production are behind us, in large part due to the maturing of the biggest growth engine, the Permian, according to…
Oil Prices Rise on Tight Summer Market
Oil prices rose early on Thursday amid signs that inventories are low in the peak summer demand season and resurfacing geopolitical concerns in the Middle East. As of 8:33 a.m.…
Brazil’s Petrobras Weighs Return to Retail Fuel Market to Reduce Prices
Brazil’s Petrobras will discuss this week tweaking its mid-to-long-term strategic plan to potentially include a return to the retail fuel sector, amid complaints from the Brazilian president and the CEO…
Sanctioned Russian Arctic LNG Project May Have Resumed Loadings
A second sanctioned LNG vessel has arrived at Russia’s Arctic project in two months, suggesting that loadings of the superchilled fuel from the sanctioned project may have resumed. The LNG…
Exxon Resumes Mars Crude Purchases After Quality Scare
ExxonMobil has bought Mars crude produced offshore Louisiana for August delivery, for the first time in several days after briefly halting purchases due to a quality issue with zinc contamination,…
Dutch DAC firm secures government funding to advance projects
Netherlands-based direct air capture (DAC) specialist Carbyon will receive a subsidy under a Dutch grant scheme called Demonstration Energy and Climate Innovation (DEI+). The scheme, which resulted from the Dutch…
Dutch DAC firm secures government funding to advance projects
Netherlands-based direct air capture (DAC) specialist Carbyon will receive a subsidy under a Dutch grant scheme called Demonstration Energy and Climate Innovation (DEI+). The scheme, which resulted from the Dutch…
