U.s

Crude Oil

US Oil/gas Rig Count Steady This Week, Pennsylvania Falls To 17-year Low, Baker Hughes Says

U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling to a 17-year low in Pennsylvania, energy services firm…

Oil & Gas Trade

Top U.S. LNG Exports: China's Gas Demand Is Booming

Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …

Hydrogen Production

Spain’s Enagas Cuts Debt as It Prepares for Hydrogen Investments

Spanish gas grid operator Enagas (ENAG.MC), said on Tuesday its net debt was on track to reach its lowest since 2008 as it prepared to invest billions of euros …

Gas Power Stations

Evergy to Build Natural Gas Power Plants in Kansas Amid Booming Demand

Evergy (EVRG.O), will build two 705 megawatt natural gas power plants in Kansas to meet an expected spike in electricity demand, the U.S. utility firm said on M…

Electricity Transmission

Three Power Grid Projects Get $208M From Dept. Of Energy

U.S. Senator Maria Cantwell Friday announced three new federal grants totaling $208.4 million that will help utility providers in Washington modernize their ele…

Natural Gas

Texas Natural-Gas Pipeline Eases Bottlenecks, Paves Way for Higher Shale Output

A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, a…

Oil&Gas Drilling

Transocean Drillship Gets Another Drilling Job in Gulf of Mexico

Switzerland-based offshore drilling contractor Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U…

Crude Oil

U.S. Crude Oil Stockpiles Fall Unexpectedly

U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …

Oil & Gas Trade

Energy & Utilities Roundup: Market Talk

1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…

Biofuel

US Offers Conditional Loan Guarantees Worth About $3 BLN for Two Sustainable Aviation Fuel Projects

The U.S. Department of Energy said on Wednesday it has approved conditional loan guarantee commitments totaling nearly $3 billion for two sustainable aviation f…

Nuclear Reactor

Amazon Joins Big Tech’s Foray Into Nuclear Power Amazon Joins Big Tech’s Foray Into Nuclear Power

Amazon.com AMZN -0.43%decrease; red down pointing triangle signed deals to back nuclear-power projects across the U.S., becoming the latest big tech company to …

Nuclear Technology

US Startup Last Energy Plans Micro Nuclear Project in Wales

Fog begins to clear from electricity pylons near LLanddowror, WalesU.S. startup Last Energy plans to build a 300 million pound ($391 million) micro nuclear proj…

Oil & Gas Trade

Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction

ConocoPhillips (COP.N), has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds fr…

Oil&Gas Drilling

Exxon Seeks Buyers for Portion of Assets in North Dakota’s Bakken Shale

Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustrationTop U.S. oil producer Exxon Mobil Corp (XOM.N), plans to sell a port…

LNG

Venture Global Will Not Begin LNG Deliveries to Italy’s Edison Until 2025

Model of LNG tanker is seen in this illustration taken May 19, 2022.Italian energy group Edison (EDNn.MI),said on Monday that U.S. gas exporter Venture Global L…