Europe to Release 42 Million Barrels of Oil
Mexico’s Richest Man Sells $1.15 Billion in Oil Stocks
Sinopec Third-Quarter Profit Jumps 64% as Oil Prices Climb
Shell Profits Nearly Double to $10.8 Billion as Refining Margins Hit Record
TotalEnergies Profit Doubles as War Boosts Refining and Trading
Iran War Hikes EU’s Oil Import Bill By $11 Billion Per Month
UK National Grid to Extend France Power Link Operation to 2050
Trafigura Signs New Gas Supply Deal with German SEFE
DOE Closes $5.1B Loan Package for Alliant’s Iowa, Wisconsin Gas Power and Battery Storage Buildout
Linde raises helium prices in Q3
Trump Exposes OPEC’s Diminished Market Power
Events over the last 24 hours suggest power in the oil market has shifted to Washington from Riyadh – in part because of U.S. President Donald Trump and in part…
India completes test of oxygen system for fighter jet
India’s Defence Research and Development Organisation (DRDO) has successfully completed high-altitude trials of an on-board oxygen generation system designed for combat aircraft. The system is designed to be used specifically…
Analysts Look at OPEC+ Move
In an oil and gas report sent to Rigzone late Tuesday by the Macquarie team, Macquarie strategists said they believe the structural landscape has increasingly been shifting towards a return…
Oil Extends Losing Streak on Tariff Uncertainty
ByIrina Slav– Mar 05, 2025, 2:20 AM CST Crude oil prices extended their decline from Tuesday following remarks by the U.S. Commerce Secretary that some tariffs on Mexico and Canada…
China Urges Refiners to Switch From Fuels to Petrochemicals
Chinese refiners should reduce fuel production in favor of more petrochemicals, the country’s central planning agency said in its annual report. “We will advance petrochemical industries toward fine chemical industries…
Norway’s $1.8-Trillion Oil Fund Bets on Long-Short Equity Strategy
ByTsvetana Paraskova– Mar 05, 2025, 4:41 AM CST The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, has made its first investment in an external hedge fund with…
TotalEnergies ENEOS and SteelAsia Launch 1.9 MW Solar Rooftop System to Power Steel Plant in Philippines
Representational image. Credit: Canva TotalEnergies ENEOS has successfully commissioned a 1.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system in partnership with SteelAsia Manufacturing Corporation, the Philippines’ leading steel company and…
Berde Renewables and PSS Partner to Advance Solar and Battery Storage Projects in Thailand
Representational image. Credit: Canva Philippines-based renewable energy firm Berde Renewables Inc. has announced a joint venture with Thailand’s Power Systems and Solutions Co. Ltd. (PSS) to accelerate the deployment of…
Malaysia Explores Solar Farm Expansion on Natural Lakes and Mining Sites
Representational image. Credit: Canva The Malaysian government is set to discuss plans for expanding solar farm projects on natural lakes and former mining sites as part of its renewable energy…
Macquarie Strategists Forecast USA Crude Inventory Build
In an oil and gas report sent to Rigzone late Monday by the Macquarie team, Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by…
