Investors See Oil Below $90 a Barrel by Year-End, BofA Survey Finds
US Power and Natgas Prices Turn Negative in Texas and California as Mild Weather Cuts Demand
BP’s New CEO to Simplify Company Structure into Upstream, Downstream Units
BP Flags Exceptional Oil Trading Profit as Middle East War Drives Q1 Volatility
HSBC Sees A U.S.-Iran Deal As Key To Restoring Oil and Gas Flows
ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd
Nomura: Full U.S. Blockade Could Cut Off Another 2.3 Million Bpd Oil Supply
Philippines Asks Washington to Extend Russian Oil Waiver
Russia places temporary export controls on helium
EU signs off on €3.7bn Czech biomethane production subsidies
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…
