Oil Posts Biggest Weekly Loss in a Month Ahead of OPEC+ Meeting

By Oil down 8% this week in steepest weekly decline since March OPEC+ moves up meeting to discuss June output plan to May 3 Group to decide whether to accelerate…

I Squared Eyes Majority Stake in Natgas Pipeline Matterhorn, Sources Say

The infrastructure-focused investment firm has been speaking with potential investors that would help fund the potential purchase, the people said. I Squared is buying its position from WhiteWater Midstream, they…

Iberdrola Reports Record €17.3 Billion Investment Over 12 Months, Driven by U.S. and U.K. Growth

Representational image. Credit: Canva Iberdrola has announced a record €17.3 billion in investments over the past 12 months, with a strong focus on energy networks and renewable energy projects, particularly in the United…

Masdar Powers TERNA ENERGY’s Growth as Greece’s Leading Renewable Energy Firm Delists from the Athens Stock Exchange

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, announced that its subsidiary TERNA ENERGY has officially delisted from the Athens Stock Exchange, finalizing the process…

India, Denmark Renew Energy Cooperation Pact to Boost Clean Transition and Net-Zero Goals

Representational image. Credit: Canva India and Denmark have renewed their strategic partnership in the energy sector by signing an updated Memorandum of Understanding (MoU) aimed at advancing clean energy collaboration…

TotalEnergies and OQEP Break Ground on Middle East’s First Clean Energy LNG Bunkering Hub in Oman

Representational image. Credit: Canva TotalEnergies and OQ Exploration & Production (OQEP) officially broke ground on the Marsa LNG project in northern Oman’s Sohar Port on Thursday, marking a significant milestone…

Indonesia Could Unlock USD 150 Billion Through Shared Transmission Network for Renewable Energy

Representational image. Credit: Canva A groundbreaking report jointly released by RE100, the Institute for Essential Services Reform (IESR), and the Institute for Energy Economics and Financial Analysis (IEEFA) outlines a…

US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says

By May 2 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm…

Big Oil Earnings Show Split in Production Strategy, Shareholder Returns

By and Exxon and Shell maintain buybacks amid oil price slump Chevron and BP reduce buybacks due to market conditions Exxon benefits from Guyana oilfield, Chevron seeks entry HOUSTON/LONDON, May…

US Army Corps Targeting Fall Decision for Enbridge Line 5 Tunnel

By CALGARY, May 2 (Reuters) – The U.S. Army Corps of Engineers said on Friday it expects to make a decision this fall whether to grant a permit to Enbridge’s…