Oil

Oil & Gas Trade

ADNOC L&s Takes Delivery Of First New-build LNG Carrier From Jiangnan Shipyard Ahead Of Schedule

ADNOC Logistics and Services announced it has taken delivery of ‘Al Shelila,’ the first of six newbuild liquified natural gas (LNG) carriers from Ji…

Oil & Gas Supply

BP Looks Forward to Growth in US Under Trump

BP Plc anticipates strong growth in the US as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boos…

Net Zero

Net Zero Quest: Weaning Off Oil & Gas or Undermining the World’s Energy Security Backbone?

With the threat of running out of fossil fuels hanging over the globe, the mission to diversify sources of supply has spurred a myriad of innovations. After dec…

Carbon Emissions

Powering Oil & Gas Production With Renewables and Low-Carbon Energy: Electrification Brings Emission Cuts of 80%

While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rys…

Solar Panel

New Research Finds Utility-Scale Solar Parks Foster Biodiversity

A series of longitudinal studies of three solar-pollinator sites in Minnesota have demonstrated evidence of native prairie growing under solar panels, providing…

Oil&Gas Drilling

DeepOcean Providing Long-term Subsea Support To Equinor Offshore Norway

Equinor has awarded DeepOcean an eight-year subsea inspection, maintenance and repair (IMR) contract to support its operations in Norway and elsewhere in Europe…

Natural Gas

Transocean Barents Derrick Adapted For Black Sea Entry Operation

TheTransocean Barentssemisubmersiblemobile offshore drilling unithas reached Constanța on the Black Sea coast, ahead of a development drilling program for OMV …

Energy Investment

$111 Billion Investment on Petrobras’ Five-Year Agenda

Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…

Natural Gas

B&W to Convert Coal Plant to Gas for AES Indiana

The B&W Thermal business of Ohio-based Babcock & Wilcox (B&W) has received full notice to proceed under an agreement for a coal-to-natural gas conversion projec…

Oil & Gas Trade

OPEC+ Appears Set to Hold Its Next Key Meeting on Output Online

OPEC+ delegates said they assume next month’s meeting on plans to restore oil production will be held online, rather than at their Vienna headquarters as …

United States

Landbridge Acquires 46,000 Surface Acres In Southern Delaware Basin

LandBridge Co. LLC has agreed to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin from VTX Energy Partners LLC. The …

Oil & Gas Trade

India Is Leading Source Of Oil Demand Growth In EIA Forecast

In its latest short term energy outlook (STEO), which was released recently, the U.S. Energy Information Administration (EIA) said India has emerged as the lead…

Oil & Gas Trade

Big Oil Accelerating Investment in Biofuels: Rystad

BP PLC, Chevron Corp., Eni SpA, Exxon Mobil Corp., Shell PLC and TotalEnergies SE have announced a total of 43 biofuel production projects with a combined 286,0…

Natural Gas

PAG Said to Sell AirPower’s Gas Business for $6.8 Billion

PAG, one of Asia’s biggest alternative asset managers, agreed to sell the industrial gases business of AirPower Technologies Ltd. to a Chinese consortium …

Natural Gas

Asian LNG Jumps to Highest This Year as European Benchmarks Rise

North Asia spot liquefied natural gas prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The…