UK Withdraws $1.1 Billion Support for Mozambique LNG Project
The UK government has decided to withdraw a $1.1-billion loan guarantee for TotalEnergies’ Mozambique LNG project as risks have increased and it is no longer in the interest of the…
BHP’s $53 Billion Takeover Bid for Anglo American Fails
BHP Group’s last offer to acquire Anglo American was for about $53 billion (£40 billion) in the late-November blitz in which the mining giant sought to derail an Anglo American-Teck…
COMMENTARY: Europe’s Drilling Comeback Challenges US Energy Pledges
By LONDON, Dec 1 (Reuters) – European countries are loosening their strict opposition to new oil and gas drilling, reversing years of climate-driven resistance to fossil fuels as governments seek…
Targa to Buy Rival Permian Pipeline Operator for $1.25 Billion
By Natural gas pipeline operator Targa Resources Corp. reached a deal to buy smaller rival Stakeholder Midstream for $1.25 billion in cash. The move expands Houston-based Targa’s ability to ship…
There’s Too Much Oil. Who Are the Winners and Losers?
Oil prices have been falling as the market faces the prospect of a growing surplus. This year is set to culminate in the first major glut since 2020. The International…
Shell and Equinor JV Launches UK’s Top North Sea Producer
Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s…
Private Equity Pours $1.45 Billion Into UK Renewable Energy
UK energy company Low Carbon has raised as much as $1.45 billion (£1.1 billion) from CVC Capital Partners and other investors as private equity firms are increasingly backing renewables operations. …
TotalEnergies Sells 40% Stake in Nigerian Offshore Project to Chevron
TotalEnergies will sell a 40% stake in two exploration licenses offshore Nigeria to Chevron, as part of an ongoing discussion of global exploration opportunities between the two companies, the French…
Norway cruise line sets sail with bioLNG
Norway cruise line Havila Voyages is powering one of its ships with 200 cubic metres of liquefied biogas (bioLNG) supplied by Barents Naturgass at Polarbase in Hammerfest. Over the course…
Data Centers and the Grid: Key Insights from POWER’s Inaugural Data Center POWER eXchange Summit
POWER breaks down the top insights from Data Center POWER eXchange, its unique one-day summit curated by POWER’s editorial team and convened to examine the collision between accelerating data center…


Trump Weighs Rare Jones Act Waiver as War Drives Fuel Prices Higher
Oil Settles Up 9% as Iran Vows to Keep Strait of Hormuz Closed
Oil Unlikely to Hit $200 a Barrel, US Energy Chief Says
How Have US Presidents Tapped Strategic Petroleum Reserves During War?
Iran War is One ‘TACO’ Too Far: McGeever
US Natgas Prices at Waha Hub in Texas Remain Negative for Record 25th Day
US Navy Could Escort Vessels in Strait of Hormuz With International Coalition, Bessent Says
Exchanges Oppose Potential US Treasury Intervention in Oil Futures Market
US Department of Energy to Invest $1.9 Billion for Power Grid Upgrades
Trump Touts Oil Price Gains, Saying ‘We Make a Lot of Money,’ Angering Lawmakers










