Saudi Electricity Company Rebrands as Saudi Energy, Strengthening Grid Reliability, Energy Storage Expansion and Vision 2030 Alignment

Representational image. Credit: Canva Saudi Electricity Company has officially launched a new corporate identity and announced its rebranding as Saudi Energy (SE), marking a strategic shift that reflects its expanding…

Yokogawa Releases OpreX Pressure Transmitter EJX S Series

Yokogawa Electric Corporation (TOKYO: 6841) announces the release of the OpreX™ Pressure Transmitter EJX S Series as the successor to its core EJX A lineup*1 of plant field instruments. Building on…

US Drillers Cut Oil and Gas Rigs For First Time in Six Weeks, Says Baker Hughes

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said…

US Oil Output Fell in December to Lowest Since June 2025, EIA Says

(Reuters) – U.S. oil production fell for the second consecutive month in December to its lowest level since June last year, while demand reached a multi-month high, the Energy Information…

Oil Prices Rise More Than 2% as US and Iran Extend Talks

By US-Iran talks end with no deal but signs of progress Technical discussions scheduled for Vienna next week Brent and WTI benchmarks trade at multi-month highs UAE, Saudi to increase…

US Oil Output Fell in December to Lowest Since June 2025, EIA Says

NEW YORK, Feb 27 (Reuters) – U.S. oil production fell for the second consecutive month in December to its lowest level since June last year, while demand reached a multi-month…

Cheniere Gets $370 Million ‘Alternative Fuel’ Tax Break From Trump’s IRS

By WASHINGTON, Feb 27 (Reuters) – Cheniere Energy Inc (LNG.N) disclosed this week that it got a $370 million tax break from the Trump administration for burning liquefied natural gas…

Russia Shipped 80% of its 2025 Oil Exports to China and India

Russia’s oil exports were essentially flat in 2025 compared to a year earlier, with most supplies – a massive 80% — going to China and India, Russian Deputy Prime Minister…

Croatia Ready to Supply Crude to Hungary and Slovakia

Croatia can ensure crude oil supplies to Hungary and Slovakia, which haven’t received Russian oil for a month following damage on the Druzhba oil pipeline, the Croatian Prime Minister, Andrej…

UAE Boosts Murban Crude Exports Ahead of Key OPEC+ Decision

Abu Dhabi’s national oil company, ADNOC, has offered additional barrels of Murban crude to its international minority partners in the onshore concession where the grade is being produced, sources with…