Top Russian LNG Producer Novatek Books Higher 2024 Profit

ByTsvetana Paraskova– Feb 12, 2025, 6:15 AM CST The biggest Russian LNG developer and exporter, Novatek, saw revenues and earnings rise in 2024 from a year earlier as production increased,…

India Reshuffles Trade Supply Chain to Buy Unsanctioned Russian Oil

India Reshuffles Trade Supply Chain to Buy Unsanctioned Russian Oil | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 12, 2025, 9:30 AM CST Indian refiners are reshuffling and…

Russia Claims to Be Fully Compliant with OPEC+ Output Quota

ByTsvetana Paraskova– Feb 12, 2025, 8:30 AM CST Russia is fully complying with its oil production quota under the OPEC+ output deal in January and February, Russian Deputy Prime Minister…

TotalEnergies and Aker BP Seek Higher Stakes in Johan Sverdrup Oilfield

ByTsvetana Paraskova– Feb 12, 2025, 7:30 AM CST Aker BP and TotalEnergies, equity partners in Western Europe’s biggest producing oilfield, Johan Sverdrup, have asked for an independent review of their…

Shell Sees AI Revolutionizing Energy System in New Outlook

Artificial intelligence could lead to significant energy demand growth as the technology is implemented across industries, an acceleration that could also help to halve the system’s carbon intensity by 2050,…

  • Gas
  • February 12, 2025
Podcast: Is economic growth at the expense of net zero targets?

In this episode of The 1895 Podcast, we pose the question ‘is there a trade-off between economic growth and net zero?’ Tune in to hear insights from Dimitri Zenghelis of…

  • Gas
  • February 12, 2025
Podcast: Is economic growth at the expense of Net Zero targets?

In this episode of The 1895 Podcast, we pose the question ‘is there a trade-off between economic growth and net zero?’ Tune in to hear insights from Dimitri Zenghelis of…

EU Considers Temporary Cap on Natural Gas Prices

ByTsvetana Paraskova– Feb 12, 2025, 5:07 AM CST European Union officials are considering the potential introduction of a cap on natural gas prices as part of discussions on a clean…

OPEC Won’t Budge on Production Cuts

ByIrina Slav– Feb 12, 2025, 3:17 AM CST OPEC has signaled it would not change its production policy despite calls from the U.S. president to bring more oil to market.…

Macquarie Strategists Forecast US Crude Inventory Build of Over 7MM Barrels

In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by…