EOG Drops $5.6B on Big Bet on the Utica

EOG Resources is making a bold northeast push, announcing Friday it will acquire privately held Encino Acquisition Partners for $5.6 billion, including debt. The move positions EOG as a dominant…

EIA Paints Bearish Picture for Oil Market With Record Supply, Low Demand

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly EIA data. That edges out the previous monthly…

  • Gas
  • June 2, 2025
US pulls $3bn in funding from 24 clean energy projects

Over $3bn of funding for 24 clean energy projects, mostly related to carbon capture efforts, has been axed by the US government. According to Reuters and Bloomberg, ExxonMobil’s Baytown project…

  • Gas
  • June 2, 2025
US pulls $3bn in funding from 24 clean energy projects

Over $3bn of funding for 24 clean energy projects, mostly related to carbon capture efforts, has been axed by the US government. According to Reuters and Bloomberg, ExxonMobil’s Baytown project…

PGPC Becomes First Philippine Energy Firm to Adopt TNFD Framework for Nature-Focused Reporting

Representational image. Credit: Canva Philippine Geothermal Production Company, Inc. (PGPC), a subsidiary of SM Investments Corporation (SMIC), has become the first energy firm in the Philippines to adopt the Taskforce…

GETCO Faces Petition Over Delay And Continued Use Of Temporary Bay At Kalavad Sub-Station In Gujarat

Representational image. Credit: Canva The Gujarat Electricity Regulatory Commission recently heard a petition involving M/s Morjar Renewables Private Limited and Gujarat Energy Transmission Corporation Limited (GETCO). The case concerns two…

Refiners Cheer Good Start to U.S. Driving Season

U.S. gasoline consumption over Memorial Day weekend, the start of the U.S. driving season, rose by 2% from the same weekend last year as consumers took advantage of lower prices…

Waaree Solar Americas Secures 586 MW Module Supply Deal With Leading U.S. IPP, Wins $176 Million Order

Waaree Solar Americas Inc., the wholly owned U.S. subsidiary of Waaree Energies Limited, which is India’s largest manufacturer of solar PV modules, has announced the signing of a significant solar…

Collaboration aims to develop Swedish uranium deposits

Monday, 2 June 2025 The Häggån deposit, pictured in October 2013 (Image: Aura Energy) Aura Energy owns the Häggån vanadium, potash and uranium project in Sweden, which is claimed to…

Ansaldo to cooperate with Uzbek atomic agency

Monday, 2 June 2025 (Image: Ansaldo Energia) The MoU was signed in the Uzbek city of Samarkand on 29 May by Ansaldo Energia Senior Vice President of Public Affairs and…