Fermi enlists Korean firms for Texan reactors
In June, Fermi America announced plans for the world’s largest energy-driven artificial intelligence complex, referred to as Project Matador. Located in Amarillo, Texas, in partnership with the Texas Tech University…
Oil Glut Will ‘Moderate’ Prices After Recent Gains, Birol Says
By Oil prices are expected to “moderate” because of ample supply, according to the International Energy Agency. “I don’t expect a major shake-up in the oil markets thanks to growing…
Oilfield Services Firm Petrofac Collapses
After years of restructuring and cost-cutting efforts, UK-listed oilfield services group Petrofac on Monday filed for administration, following the termination of its biggest contract. Petrofac’s directors have applied to the…
U.S. Steps Up Pressure on Hungary to Cut Off Russian Oil
The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work with Hungarian authorities and neighboring countries to help Budapest wean…
TotalEnergies’ $20 Billion Mozambique LNG Project Back on Track
TotalEnergies and its partners are close to restarting construction and engineering work on the huge $20-billion LNG export facility in Mozambique after the companies lifted the four-year-long force majeure on…
Oil Steadies as US-China Trade Deal Hopes Counter Demand Concerns
Summary Oil prices fall on scepticism over US-China trade deal boosting oil demand Iraq’s oil exports unaffected by Zubair oilfield fire OPEC reverses production cuts to regain market share (Reuters)…
EIA Shows Production Has Outweighed Demand All Year
In its latest short term energy outlook (STEO), which was released on October 7, the U.S. Energy Information Administration (EIA) showed that world petroleum and other liquid fuels production outweighed…
Pulsar Helium eyes Michigan with plan to buy Hybrid Hydrogen
Pulsar Helium has announced plans to buy full control of early stage exploration firm Hybrid Hydrogen in an all-share transaction worth $80,000. Hybrid Hydrogen’s primary asset is a lease agreement…
SIAD to deliver ASU for Pacifico Mexinol low-carbon methanol project
Industrial gas group SIAD will provide an air separation unit (ASU) for the Pacifico Mexinol ultra-low-carbon methanol project in Sinaloa, Mexico, which is set to be the world’s largest of…
India’s Crude Oil Imports Rise Even as Russian Supply Tightens
India imported 19.93 million tons of crude oil last month, a 1.7% increase from August, the Economic Times reported, citing government data. The total is equal to roughly 4.87 million…


Occidental’s Hollub, US Oil’s Most Powerful Woman, Prepares to Hand Over Reins, Sources Say
Oil Settles Up Nearly 6% as Investors Fear Further Middle East Escalation
Trump Says He Will Pause Attacks on Iran’s Energy Plants
Big Oil to Reap Billions From Iran War Windfall After a Month of Soaring Energy Prices
Trump Says Iran’s ‘Present’ to US Was Allowing 10 Oil Tankers Through Hormuz
Iran Earning $139 Million a Day From Oil as Hormuz Crisis Locks Out Rivals
Ukraine Knocks Out 40% of Russia’s Oil Export Capacity in Baltic Drone Strike
What Does the Oil Futures Curve Show?
US Proposal to End War is ‘One-Sided’, Door to Diplomacy Still Open, Iranian Official Says
Trump Urges Iran to Make a Deal or US Will ‘Keep Blowing Them Away’








