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
Crude Inventories See Sharp Decline as Exports Rise, EIA Says
Crude inventories fell sharply last week amid lower imports and a jump in exports, the U.S. Energy Information Administration said on Wednesday. Crude oil stockpiles fell by 6 million barrels…
Ithaca Energy Boosts Production Guidance After Strong First Half
Ithaca Energy, one of the biggest independent oil and gas companies in the UK North Sea, raised its 2025 production guidance for the second time this year, on the back…
JODI Oil Data Signals Tight Summer Market
Global oil demand jumped in June by more than 1 million barrels per day (bpd) from May, while production growth has half that figure, leaving inventories at below the five-year…
Air Products appoints Howard Ungerleider as a Director
Air Products’ Board of Directors has elected Howard Ungerleider as a Director, effective 1 September, where he will serve as a member of the Audit and Finance Committee. Wayne T.…
US to Hold More Than 30 Offshore Oil and Gas Auctions Through 2040
The plan fulfills a directive in Trump’s One Big Beautiful Bill Act, which passed last month, and is aligned with his administration’s energy dominance agenda to boost domestic fossil fuel…
Oil Prices Rise on Drop in US Crude Inventories as Investors Focus on Ukraine Peace Push
By US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace talks affects oil price volatility Trump says US may provide air support to back a…
Chevron to Merge Hess Exploration Team With Its Own, CEO Says
By and Chevron Corp. plans to merge Hess Corp.’s exploration team with its own to challenge “conventional thinking” and make new discoveries, Chief Executive Officer Mike Wirth in an interview…
UAE’s Green Champion Shifts Hydrogen Billions to Data Boom
By V and Abu Dhabi’s main renewables company has diverted billions of dollars to AI projects instead of green hydrogen, due to a lack of buyers for the fuel once…
Indian State Refiners Resume Russian Oil Purchases
Despite continued pressure from the United States over crude supply from Russia, Indian state refiners have returned to the spot market for purchases of Russian oil, company officials familiar with…
Norway’s Oil and Gas Production Tops Forecasts
Oil and gas production in Norway topped forecasts by nearly 4% in July as crude oil production jumped, data from the Norwegian Offshore Directorate showed on Wednesday. Norway’s crude oil…
