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Oil
Blackstone's 694-MW Magnolia Natural Gas Power Plant Commences Operations in Louisiana
Blackstone Energy Transition Partners, under Blackstone, announced that the Magnolia natural gas power plant in Plaquemine, Louisiana, has been completed and co…
Hungary to Build New Oil Pipeline with Serbia
Croatian Prime Minister Andrej Plenković stated that Croatia is capable of ensuring crude oil supply to Hungary and Slovakia to address the disruption in oil s…
Three Major SAF Registries Collaborate to Drive Sustainable Aviation Fuel Market Integrity
The Civil Aviation Decarbonization Organization (CADO), 123Carbon, and the Assure SAF Registry have entered into a cooperation agreement aimed at achieving inte…
US Republicans Investigate Environmental Groups Opposing Alaska's Willow Oil Project
US House Republicans have recently launched an investigation into six environmental organizations, stemming from these groups' opposition to ConocoPhillips&…
Turkey Expands Natural Gas Trade Through Overseas Upstream Cooperation
Turkey has recently enhanced its momentum for expanding overseas upstream business by signing multiple cooperation agreements with international oil majors. Thi…
Supply Risk Premium Rises Following Disruption in Russian Crude Oil Pipeline
Russian pipeline operator Transneft has reduced its system-wide crude intake by approximately 250,000 barrels per day following damage at its Kaleykino pumping …
Ovintiv Sells Anadarko Basin Oil and Gas Assets to Optimize Portfolio
Canadian energy company Ovintiv Inc. (NYSE: OVV) has entered into a definitive agreement to sell its oil and gas assets in the Anadarko Basin, Oklahoma, for $3 …
FirstEnergy Subsidiary Selects Site for New 1.2-Gigawatt Natural Gas Power Plant in West Virginia to Enhance Power Supply
Mon Power and Potomac Edison, subsidiaries of FirstEnergy, have identified a 35-acre site adjacent to the Fort Martin Power Station in Maidsville, West Virginia…
Ohio Natural Gas Power Project Launches First Energy Cooperation Under U.S.-Japan Investment Framework
The U.S. Department of Commerce announced on Tuesday that a planned 92-gigawatt natural gas power complex near Portsmouth, Ohio, is one of the first projects un…
U.S. Crude Oil Inventories Fall by 9 Million Barrels; Refinery Utilization Rate Reaches 91.0%
The U.S. Energy Information Administration (EIA) released its weekly inventory data for the week ending February 13, 2026, showing that U.S. commercial crude oi…
ConocoPhillips Considers Selling Permian Basin Assets Worth Approximately $2 Billion
ConocoPhillips is currently considering selling some of its assets in the Permian Basin to further streamline its investment portfolio. According to informed so…
Canadian Natural Gas Production Hits Record High, Surpassing 20 Billion Cubic Feet per Day for the First Time
According to the latest data released by the Canada Energy Regulator (CER), in November 2025, Canada's natural gas production reached a historic high, surpa…
Western Canada Select Crude Oil Discount Widens to Near One-Year High
The discount for Western Canada Select crude oil relative to the North American benchmark West Texas Intermediate futures widened to its highest level since Jul…
Centrica Energy and Seneca Resources Sign Long-Term MiQ Methane Emissions Certificate Agreement
Centrica Energy and Seneca Resources have recently entered into a 10-year agreement involving the procurement of MiQ-certified natural gas certificates, aimed a…
Equatorial Guinea Advances Plan to Expand Natural Gas Export Facilities
Equatorial Guinea has made significant progress in enhancing its liquefied natural gas (LNG) export capacity. The country's LNG export facility, with an ann…
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