Afrigen Energy Invites Investors and Strategic Partners for Financing of 50 MW Private Solar PV Project
Global Utilities and Manufacturers Unite to Strengthen Grid Supply Chains Amid Rising Electrification Demand
Infinity Power Selects AIKO as Sole PV Module Supplier for Egypt’s 1.2 GW Nefer Menya Solar and 600 MWh Battery Storage Project
Oil Prices Dive as More Tankers Move Through Strait of Hormuz
AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve
Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion
US Natural Gas Drops on Cooler Outlooks as July Contract Expires
US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says
Chevron Eyes More Deals to Power US Data Centers
US Diesel Refining Economics Remain Firm Despite Iran War Truce
The Key Sticking Points for a US-Iran Peace Deal
By The US and Iran have been locked in a stalemate since agreeing to a ceasefire in April. They’ve been unable to reach a deal to end a monthslong war…
Devon’s Permian Purchase to Extend Drilling Inventory, Cement Top Spot
(Reuters) – U.S. shale producer Devon Energy’s $2.6 billion purchase of new acreage in the Delaware Basin will extend its drilling runway and reinforce its position as the region’s top…
U.S. Oil Operators in North Dakota Cautious on Drilling Despite Price Rise
(Reuters) – U.S. oil operators in North Dakota are moving cautiously on ramping up drilling despite a sharp rise in oil prices driven by the Iran war, as companies wait…
Goldman Sachs Sees China’s Natgas Destocking Boosting LNG Imports Ahead of Winter
(Reuters) – China’s gas destocking signals stronger LNG imports ahead of winter, reinforcing upside risks to European gas prices, particularly if disruptions to Hormuz energy flows persist, Goldman Sachs said…
China Oil Import Cut, Higher US Exports Wrongfoot Market Bulls
(Reuters) – As prices for physical crude oil hit all-time highs of over $160 per barrel last month, analysts and traders alike rushed to predict a market Armageddon if the…
India’s Power Demand Hits Record High as Heat Drives Coal Use
India’s power generation rose to a new all-time high amid hot weather that drove air-conditioning demand up, with thermal generation, most of its coming from coal power plants, covering 62%…
India Explores Alternative Energy Sources Amid Oil Supply Shock
India’s Prime Minister Narendra Modi has urged the government to urgently explore an increase in the use of alternative energy sources, including biogas as a substitute for liquefied petroleum gas…
Japan to Welcome First Crude Cargo via Hormuz Since War Began
A supertanker carrying 2 million barrels of Saudi crude is set to arrive in Japan early next week after clearing the Strait of Hormuz in late April, in the first…
China’s Fuel Exports to Remain Low as Curbs Persist
China’s fuel exports will rise only slightly in June from May as government restrictions on shipments largely remain in place to preserve supply for the domestic market amid the biggest…
TotalEnergies Eyes $100M+ Stake Sales in European Solar and Wind Portfolio
TotalEnergies is considering selling 50% of some of its solar and wind assets in Europe as part of its strategy to partner with other companies in operating and monetizing its…
