Occidental lines up 2 mtpa CO2 for Permian Basin EOR
Murphy Oil Bets on Israeli Gas Near Leviathan
Saudi Pipeline Attacked as OPEC Output Climbs to 90% of Pre-War Levels
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
DRILL “LESS” BABY, DRILL “LESS”: US Oilfield Firms Face Pricing Squeeze as Fracking Demand Slumps
Summary • US crude output hits record highs as rig count, frac fleets slip• WTI to average $63/bbl in 2025, oil executives planning for $70-75• Quarterly land rig day rates…
Oil Prices Hover Near Two-Week Low, Libya Supply Disruption Offers Support
Summary • Brent up, WTI futures inch up• Protests block loading oil at Libya’s two major ports• China manufacturing activity contracted in January• US set for warmer than normal temperatures…
US Offshore Wind Farms in Service, in Construction and Under Development
A crane hangs over the first jacket support structure installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island…
Venture Global’s IPO Flop Worsens as Shares Slump 20% From Debut
The fallout for Venture Global Inc., in the wake of a troubled initial public offering, accelerated amid a market selloff that sapped $12 billion from its valuation on debut. Shares…
LNG WRAP: US Gas Producers Likely to Gain Asian Market Share
US gas producers could gain Asian market share at the expense of Australian exporters in the long run, as countries running a trade surplus with the US, like Japan and…
Fossil Fuels Struggle Amid Market Shifts: IEEFA Highlights 2024 Performance Risks
Oil and gas stocks continued to fall behind the broader stock market in 2024, as outlined in a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The…
Why Has the USA Natural Gas Price Dropped Lately?
U.S. natural gas is dipping back on the fact that the forecast is warming up in the U.S. and Europe. That’s what Phil Flynn, a senior market analyst at the…
Yuwell to invest $27m in Inogen to boost oxygen potential
Leading oxygen concentrator manufacturers Yuwell Medical and Inogen have announced an investment tie up to advance their medical device and respiratory businesses. Yuwell, through its whole-owned subsidiary Yuwell (Hong Kong)…
Macquarie Strategists Forecast USA Crude Inventory Build
In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up 4.8…
Renewed Inflation Worries Help Drive Oil Price Rally
(Reuters) – Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump’s threatened trade tariffs will cause a resurgence in global inflation,…
