US Drillers Cut Three Oil Rigs, Add Three Gas Rigs, Leaving Weekly Count Unchanged, Says Baker Hughes
Caturus Signs LNG Supply Deal with Saudi Aramco
India Explores Gas Power Boost to Stabilize Grid During Peak Hours
Enbridge Reports Record 2025 Financial Results, Reaffirms 2026 Financial Guidance, and Grows Secured Backlog to $39 Billion
Pentagon to Move Carrier to Middle East From Caribbean, Officials Say
India’s Reliance Wins US Licence for Venezuelan Oil, Sources Say
US Allows Oil Majors to Broadly Operate in Venezuela, New Energy Investments
Venezuela Oil Revenue Projected to Hit $5 Billion Under U.S. Control
Indian Scrapyards Welcome Growing Number of Dark Fleet Tankers
India’s Top Private Refiner Gets U.S. License to Buy Venezuelan Oil
Penspen wins hydrogen blending contract with Latvia’s Conexus Baltic grid
Penspen has been awarded a hydrogen blending contract by Latvian natural gas operator Conexus Baltic Grid, boosting its portfolio of energy transition projects. The contract will see Penspen’s UK-based integrity…
Election euphoria ends for oil prices
Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar strengthened. Again, geopolitical tensions in the Middle East were not a…
Election euphoria ends for oil prices
General Interest Economics & Markets Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar strengthened. Again, geopolitical tensions in the…
Wisconsin agency approves two permits for Enbridge’s Line 5 reroute project
General Interest Government Wisconsin’s Department of Natural Resource (DNR) Nov. 15 issued waterway and wetland permits for Enbridge’s 41-mile Line 5 oil pipeline reroute project, moving the contested project closer…
TotalEnergies continues GranMorgu project contracting
TotalEnergies has let another contract to advance development of the GranMorgu project offshore Suriname.
EIA: US crude inventories up 2.1 million bbl
General Interest US crude oil inventories for the week ended Nov. 8, excluding the Strategic Petroleum Reserve, increased by 2.1 million bbl from the previous week, according to data from…
US finalizes methane fee on emitters in waning months of Biden administration
The US EPA in the waning months of the Biden administration finalized a new rule implementing a methane fee on oil and gas operations that release more than 25,000 tpy…
Ovintiv to add Montney assets, simultaneous Uinta divestiture makes for minimal cash outlay
General Interest Companies Ovintiv Inc., Denver, has agreed to acquire certain Montney assets from Paramount Resources Ltd., Calgary, in a deal valued at about $2.377 billion and has offset the…
Beam unveils AI-driven robot to inspect underwater portions of offshore wind farms
Beam, a provider of high-technology offshore wind services, has unveiled its latest autonomous underwater vehicle (AUV) driven by artificial intelligence (AI). Scout, a concept expected to enter the market in…
