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
Venture Global May Soon Produce LNG From All blocks at Plaquemines, Filings Show
The Louisiana complex has 18 blocks, each comprising two plants that are also called trains. It had initially skipped starting up at Block 15 after receiving permission to begin output…
US Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes said in its…
Oil Deal Between China and Taliban Falls Apart
When the Taliban retook control over Afghanistan four years ago, China was quick to sign an oil field development deal to extract crude in the central Asian country and boost…
Oil Industry Gains Ground in California Regulatory Battle
In a rare win for the oil and gas industry in California, the state’s regulators are expected to delay the enforcement of a cap of refinery profits, Bloomberg reports, citing…
Venezuela Tensions Rise as US Warships Arrive in Southern Caribbean
US Warship Tensions between the United States and Venezuela are rising amid a large U.S. naval buildup in the Southern Caribbean and nearby waters, which U.S. officials say aims to…
Favorable Prices Prompt India to Raise U.S. Oil Purchases
Competitive prices for U.S. crude in an open arbitrage window to Asia have prompted Indian state and private refiners to accelerate buying of American oil in August, trade sources told…
Strathcona Seeks to Block $5.7 Billion Cenovus Deal to Buy MEG Energy
Previously rejected MEG Energy bidder Strathcona Resources intends to buy an additional 5% stake in MEG and vote these shares and the existing 9.2% stake against the Cenovus acquisition offer…
Guyana’s Oil Boom Fuels Contentious Reelection Bid
Voters in Guyana, one of the world’s fastest growing economies thanks to its oil riches, are heading to the polls on September 1 to elect new parliament and president, with…
Oil Faces Uphill Struggle as Supply Glut Worries Mount
Summary Quick Russia-Ukraine ceasefire deal very unlikely, analysts say Global oil demand seen growing between 0.5-1.1 mbpd in 2025 (Reuters) – Oil prices are unlikely to gain much traction from…
Oil Prices Fall on Expected Weaker Demand, but set for Weekly Gain
OPEC+ meeting in focus Uncertainty over Russian supply impacts market sentiment Russian oil exports to India set to rise despite US pressure (Reuters) – Oil prices fell on Friday, but…
