COP31 Opens in Antalya With a UN Push for Faster Climate Action
Europe’s Power Prices Jump to 2022 High as Wind and Solar Falter
Nordic Power Prices Could Soar This Winter as Hydropower Reserves Plunge
Iraq’s Oil Sales to America Fall to Lowest Since the 2003 War
IEA Backs Electrification Efforts at COP31 Climate Summit
Iran Moves to Control Oil Terminals in China, Leak Shows
Oil Sinks to $94 as Iran’s $8 Billion Hormuz Deal Heads to Trump
Brazil set to more than double biomethane capacity by 2028
AWG builds Georgia presence with O2 Plus acquisition
Quantum commences helium stimulation programme in Colorado
Exxon Beats Q4 Estimates with Higher Permian, Guyana Output
Summary • Exxon’s low production costs boost profits despite lower oil prices• Refining business pressured by increased global fuel supply• Exxon plans $20 billion annual share repurchases through 2026 (Reuters)…
Oil Set for Weekly Decline as Trump Tariff Threat Looms Large
Summary • Trump tariffs on Canada and Mexico could start this weekend• Unclear if tariffs would exclude oil imports• Russian sanctions dampen supply prospects• OPEC+ to discuss U.S. output plans…
Chevron Misses Earnings Estimate as Refining Posts First Loss in Four Years
(Reuters) – Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time since 2020, sending…
Exclusive: Japan Weighs Alaska LNG Pipeline Pledge to Win Trump’s Favour
Summary • Japan considers support for Alaska gas project to forestall trade tensions with US, sources say• Japan doubts pipeline viability but may explore deal if asked by Trump, sources…
2025 Oil Prices to See Little Upside as Weak Demand, Supply Glut Concerns Persist
Summary • Global oil demand seen growing by 700,000 to 1.3 mln bpd in 2025• First upward revision in 2025 Brent price forecast since April (Reuters) – Sluggish demand from…
SolarPower Europe Responds to EU Competitiveness Compass, Urges Stronger Solar Action
European Commission published the EU Competitiveness Compass. The Compass lays out the Commission’s strategy, reflecting the findings of the Draghi report on Competitiveness, and guiding the EU executive’s work for the…
Trump May Exclude Oil From Canada and Mexico Tariffs
Trump May Exclude Oil From Canada and Mexico Tariffs | OilPrice.com `; document.write(write_html); } Breaking News: ByIrina Slav– Jan 31, 2025, 3:45 AM CST President Donald Trump may exclude crude…
Japan Considers Backing $44-Billion Alaska LNG Project
Japan Considers Backing $44-Billion Alaska LNG Project | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Jan 31, 2025, 5:00 AM CST Japan could be open to discussing backing a…
Malaysia State Oil Giant Petronas Looks to Boost Production
ByTsvetana Paraskova– Jan 31, 2025, 6:30 AM CST Petronas aims to increase Malaysia’s oil and gas production to 2 million barrels of oil equivalent per day (boepd) over the next…
NTPC and Energy Dome to deploy India’s first CO2 battery
India’s largest power producer, NTPC Ltd., is taking a step toward sustainable energy storage with the launch of the country’s first carbon dioxide (CO2) battery energy storage project. To be…
