ITM Power wins 710MW German electrolyser contracts
German engineering and project development company Stablegrid Group has chosen ITM Power to supply electrolyser capacity totalling 710 megawatts for two energy infrastructure projects. In the first project in Rüstringen,…
Oil Extends Decline as US Presses for Russia-Ukraine Peace Deal
Summary Shifting interest rate outlook and strong dollar weigh on prices Ukraine will work with Washington on peace plan, says Zelenskiy US sanctions on Lukoil and Rosneft take effect on…
Oil Prices Have Fallen Sharply
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday, highlighting that Brent was at $62.67 per barrel and WTI…
Oil Prices Sink 2.6% After Zelenskyy Agrees to Work on Peace Deal
Oil prices dropped again on Friday morning, bogged down by fresh news that Ukraine’s Zelenskyy agreed to work with Washington on a peace plan, a development that could…
Trump Outrages California Authorities With Oil Drilling Plan
The U.S. federal government on Thursday announced plans to allow oil and gas drilling off the coast of California and Florida for the first time in decades, prompting a strong……
New U.S. Sanctions Could Leave 48 Million Barrels of Russian Oil Adrift at Sea
U.S. sanctions on the global operations of Russian oil heavyweights Rosneft and Lukoil enter into effect today, with some 48 million barrels of Rosneft and Lukoil crude on tankers that……
Venture Global files for Plaquemines LNG expansion
US liquefied natural gas producer Venture Global has submitted applications to the Federal Energy Regulatory Commission (FERC) to permit and approve its Plaquemines LNG expansion project. Venture Global plans to…
Masdar and Tadweer team up on waste-to-SAF project in Abu Dhabi
UAE clean energy major Masdar and waste management firm Tadweer Group are teaming up to develop what they claim will be the first commercial-scale waste-to-sustainable aviation fuel [SAF] project in…
Shale Oil’s Next Revolution Should Worry OPEC – Javier Blas
By Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available;…
USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 3.4 million barrels from the week ending November 7 to the week ending November 14,…


Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says
Saudi Arabia Reroutes Oil Exports as Houthi Strikes Target Yanbu
EFC breaks ground on $210m-backed Texas manufacturing facility
U.S. Diesel Hits Record $6.50 as Global Fuel Crunch Deepens
Norway’s Arctic Oil Pitch Falls Flat in Brussels
Trafigura Launches Volare Shipping to Cash In on Record Tanker Rates
India’s Coal Demand Set to Jump 4.2% as Plant Stocks Hit Critical Lows
The $134bn AI wave set to revolutionise semiconductor fabs and gas procurement
Vorn Bioenergy acquires five biogas plants in Italy
Has the Oil Market Changed Forever?








