Nigeria Seeks 25% Higher OPEC+ Oil Production Quota for 2027
Africa’s top oil producer, Nigeria, is seeking a production target under the OPEC+ agreement of 2 million barrels per day (bpd) for 2027, up from the current quota of 1.5…
China’s Refinery Runs Hit Highest Level in Nearly Two Years
Improved fuel margins and the end of spring maintenance boosted China’s oil refinery throughput in June to the highest level since September 2023. Chinese refiners processed a total of 15.2…
Oil Extends Losses as Markets Don’t Buy Trump’s Russia Sanction Threat
Oil prices extended Monday’s losses into early Tuesday trade in Asia as President Trump’s threat to sanction Russian supply in 50 days if Putin continues to resist a peace deal…
Hexagon Composites acquires 49% stake in Worthington’s SES business
Cylinder technology specialist Hexagon Composites ASA has acquired a 49% stake in Sustainable Energy Solutions (SES), the alternative fuels subsidiary of Ohio-based industrial manufacturing company Worthington Enterprises. The transaction was…
Hexagon Composites takes full ownership of Worthington’s SES business
Cylinder technology specialist Hexagon Composites ASA has acquired a 49% stake in Sustainable Energy Solutions (SES), the alternative fuels subsidiary of Ohio-based industrial manufacturing company Worthington Enterprises. The transaction was…
UK energy operator sets out roadmap to clean power and net-zero
The UK-based National Energy System Operator (NESO) has published its 2025 Future Energy Scenarios: Pathways to Net Zero, outlining a set of pathways to decarbonise Britain’s energy system by 2050…
World Biogas Summit: Financing biogas hinges on certification, transparency and trust
Unlocking capital for biogas projects will depend on improving certification, building trust in carbon accounting, and aligning with evolving policy frameworks, according to speakers at the World Biogas Summit 2025,…
ConocoPhillips Files to Expand Arctic Drilling Near $7.5 Billion Willow Project
ConocoPhillips has submitted a formal application to federal regulators seeking approval to drill four new exploratory wells and conduct seismic testing west of its $7.5 billion Willow oil development in…
Trump to Launch $70 Billion AI-Energy Plan at Pittsburgh Summit
U.S. President Donald Trump is expected to unveil a $70-billion investment package on Tuesday designed to give a major funding boost to energy and data infrastructure, Reuters reports, with the…
Are We Likely to See OPEC+ Enter Maximum Production Mode in 2025?
Are we likely to see OPEC+ enter maximum production mode this year? That was the question Rigzone posed to Caleb Jasso, Senior Policy Advisor at the Institute for Energy Research,…
Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland
