Oil Edges Higher on Supply Concerns While Market Seeks Peace Talks Clarity

(Reuters) – Oil prices edged up on Wednesday, buoyed by concern over oil supply disruptions in Russia and the U.S. while the market awaits clarity on sanctions as the U.S.…

Iranian Oil Exports to China Rebound

Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 decimated them in January. In a last-minute push to sanction…

Saudi Utility Giant Buys Engie Energy Assets in Kuwait and Bahrain

Saudi Utility Giant Buys Engie Energy Assets in Kuwait and Bahrain | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 19, 2025, 5:00 AM CST Saudi Arabia’s utility giant…

  • Gas
  • February 19, 2025
Climeworks strikes CO2 removal deals with TikTok and Two Drifters Distillery

Climeworks has secured new carbon dioxide (CO2) removal partnerships with TikTok and UK rum producer Two Drifters Distillery. Until 2030, Climeworks will remove 5,100 tonnes of CO2 from the air for…

  • Gas
  • February 19, 2025
Xodus joins Japan’s first large-scale CCS project

UK-headquartered global energy consultancy Xodus will design pipeline and cable geotechnical surveys for one of Japan’s first large-scale carbon capture and storage (CCS) projects, Offshore Western Kyushu CCS. The project…

What Trends Will Shape Oil and Gas Hiring In 2025?

What trends will shape oil and gas hiring in 2025? That was the question Rigzone posed to Dave Mount, Executive Vice President of Louisiana-based OneSource Professional Search, a Xenspire Company,…

Ormat Secures 15-Year Tolling Agreements for Two Energy Storage Facilities in Israel

Representational image. Credit: Canva Ormat Technologies Inc., a leading geothermal and renewable energy technology company, has announced that it has secured two separate 15-year tolling agreements for energy storage facilities,…

Midsummer Expands into Thailand’s Solar Energy Market Through Strategic Partnership with Eco On

Representational image. Credit: Canva Swedish thin-film solar panel manufacturer Midsummer has entered the Thai renewable energy sector by signing a distribution agreement with Eco On, formerly known as Gold Stone…

Meta Bright Group Forms JV to Boost Renewable Energy Solutions

Representational image. Credit: Canva Meta Bright Group Bhd is strengthening its foothold in the renewable energy sector through a strategic joint venture aimed at delivering total energy solutions. The Main…

Europe’s LNG Tango: A Love-Hate Relationship with Reality

The European Union, ever the conflicted protagonist in its own energy saga, is gearing up to throw its weight around in the global LNG market—again. A leaked draft from the…