Japan’s JERA Creates Oil Storage Firm to Manage National Reserve Sites
Alaska LNG Hinges on How Much Asian Buyers Will Pay for Energy Security
WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release
Latest Dallas Fed Survey Reveals Theme Among Respondents
What is the near-term feasibility of helium-3 fuel for fusion power?
UN Says Global Fuel Subsidies Could Top $1 Trillion
JERA CEO Warns LNG Prices Have Further to Climb
Scaling up: Blue Star’s next phase in Colorado
Shougang, Rio Tinto commission carbon capture trial facility at China steel plant
Oil Prices Come Under Pressure
Swift Current Energy Secures $242 Million Financing for 150 MW Prospect Power Storage Project in Virginia
Swift Current Energy has closed $242 million in project financing for the Prospect Power Storage facility, a 150 MW / 600 MWh energy storage project under construction in Rockingham County,…
Oil Prices Slip After API Reports Unexpected Inventory Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 622,000 barrels in the week ending August 22. Analysts had expected a 3.4-million-barrel draw.…
Guyana’s Pro-Oil President Wins Re-Election
Guyana’s ruling People’s Progressive Party has won the elections that took place this week in the South American nation, getting one more term to develop the country’s oil and gas…
Strategists Forecast USA Crude Stock Drop
In an oil and gas report sent to Rigzone late Tuesday by the Macquarie team, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. crude inventories will…
Carbon capture launched at UK energy-from-waste site
A carbon capture pilot project is now operational at Enfinium’s Ferrybridge-1 energy from waste (EfW) facility in West Yorkshire, UK. The commissioning of the pilot plant marks the start of…
Taiwan firm to build $1bn LNG regasification facility
Taiwanese engineering, procurement, and construction company CTCI has been awarded a NT$29.6bn (around $926m) contract by state-owned CPC Corporation to build a new regasification facility at the Kaohsiung Intercontinental LNG…
Everllence lands CO2 compression on two approved UK carbon capture projects
German company Everllence is to supply the carbon dioxide compression systems for Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) in north-east England – as BP…
Everllence lands CO2 compression on two approved UK carbon capture projects
German company Everllence is to supply the carbon dioxide compression systems for Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) in north-east England – as BP…
Eni, BP To Invest $5 Billion in Angola as Output Drops Below 1M BPD
Eni-BP joint venture Azule Energy will invest $5 billion in Angola over the next five years and drill 18 wells, with two-thirds operated by the company, according to a Reuters…
ConocoPhillips to Slash Workforce By Up to 25%
ConocoPhillips will reduce its workforce by 20–25% as part of a broad reorganization announced to employees this week, according to a new Reuters report. The company said reductions will occur…
