Supermajor TotalEnergies Boosts AI Use in Its Energy Strategy
TotalEnergies is forming a collaboration with French firm Mistral AI to accelerate the use of artificial intelligence tools to support the supermajor’s energy strategies, especially in low-carbon energy solutions and…
Oil Prices Dip but Bullish Sentiment Remains
Crude oil prices dropped back slightly on Thursday, after jumping by 4% on Wednesday to hit the highest in two months on the news that the U.S. was pulling out…
ADNOC Is Evaluating Possibility of Buying Some BP Assets
Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm decide to break itself up or come under…
North America gas outlook: higher prices, resource allocation pressures and meeting AI demand
Delegates attending the Gas, LNG and Future of Energy event in London this week heard that the US gas market is expected to grow another 40% or over 50 bcf,…
Liquid oxygen leak stalls Axiom-4 space mission
A mission scheduled to send a group of astronauts to the International Space Station (ISS) has been delayed due to a liquid oxygen (LOX) leak. It is the second postponement…
JERA to Triple U.S. LNG Imports
Japan’s JERA will boost its purchases of liquefied natural gas from the United States to up to 5.5 million tons annually, making up close to a third of its total…
Guyana Prepares First Export Cargo from New Offshore Platform
Guyana’s offshore oil industry is set to take a major leap forward as the One Guyana floating production, storage, and offloading (FPSO) vessel readies its first export cargo. According to…
WTI Spikes Nearly 5% as U.S. Embassy Prepares Iraq Evacuation
The U.S. State Department is preparing to order the departure of non-essential personnel from its embassy in Baghdad amid escalating security risks tied to stalled nuclear negotiations with Iran. Although…
CCS investment to top $80bn in next five years, forecasts DNV report
Cumulative investment in carbon capture and storage [CCS] is expected to reach $80bn over the next five years and falling costs will spur more growth post-2030, according to DNV’s first…
CCS investment to top $80bn in next five years forecasts DNV report
Cumulative investment in carbon capture and storage [CCS] is expected to reach $80bn over the next five years and falling costs will spur more growth post-2030, according to DNV’s first…
