Baker Hughes Doubles Data Center Order Target to $3 Billion on AI Power Demand

By , , and Baker Hughes Co., one of the world’s biggest oilfield contractors, said it plans to double its data center equipment order target to $3 billion over a…

How the US Is Abandoning Joint Climate Action Under Trump

By and A globe at the COP30 UN Climate Change Conference in Belem, Para State, Brazil. Photographer: Mauro Pimentel/AFP/Getty Images Get the Latest US Focused Energy News Delivered to You!…

America’s Hatred of ‘Loser’ Wind Farms Is Contagious

By Donald Trump’s hatred of wind power continues. In a speech in Davos last week that managed to upset almost everyone, the US president still found time to get in…

Saudi Aramco Raises $4 Billion as Oil Prices Remain Under Pressure

Saudi oil giant Aramco has issued a $4-billion bond as it tapped the debt market for the first time this year amid persistently weak oil prices in the low $60s…

India Sets Sights on $500 Billion Energy Expansion

India’s energy sector offers $500 billion in investment opportunities, including in exploration, refining, and LNG, Indian Prime Minister Narendra Modi said on Tuesday. “Our energy sector is at the heart…

Canada Looks to Boost Energy Exports to India in Strategy Reset

Canada’s efforts to diversify its energy exports away from the United States go through boosting sales oil, gas, and uranium to the major energy market India, Canadian Energy Minister Tim…

Venezuelan Crude Is Losing Its Appeal in China

Chinese state-owned giant PetroChina, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019, is not too keen to start buying again after the U.S. authorized…

Analysts Explain Tuesday’s USA NatGas Price Drop

In separate exclusive interviews with Rigzone on Tuesday, Phil Flynn, a senior market analyst at the PRICE Futures Group, and Art Hogan, Chief Market Strategist at B. Riley Wealth, explained today’s…

  • Gas
  • January 27, 2026
Energy firms secure deal to build CO2 transport “highway” across Europe

UK company Progressive Energy and Sweden-based Pipe58 will jointly advance a cross-border carbon capture, utilisation and storage initiative designed to accelerate industrial decarbonisation across the Baltic Sea region. Named Highway58,…

Cold Snap Hits U.S. Oil and Gas Production

The cold spell that swept across the United States this weekend has caused a drop in oil production of up to 2 million barrels daily, Reuters reported, citing analysts and…