North Carolina Regulators Reject Duke Energy Gas Power Plant
Natural gas output in the United States is expected to reach record highs in 2026 and 2027, as the country ramps up production and seeks …
Read Full ArticleNigeria Joins IEA As Crude Output Hits Six-Year High
Nigeria has ambitious energy plans for the coming decades, including expanding its oil industry and accelerating the development of its renewable energy sector. In recent …
Read Full ArticleWhy Record Heat Failed to Lift U.S. Natural Gas Prices
Henry Hub natural gas averaged $2.93 per million British thermal units from June through August, 6% below the same period last year, even with the …
Read Full ArticleVenezuela Oil Output Could Hit 1.8 Million Bpd By 2030, Rystad Says
Venezuela’s upstream oil sector is attracting its broadest pool of international operators and capital in decades, with established majors expanding their footprints and new operators …
Read Full ArticleU.S. Oil, Gas Drilling Perks Up As Pressure Mounts
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes …
Read Full ArticleBP Eyes Bigger U.S. Shale Footprint After Devon Deal Talks
BP has started looking seriously at U.S. shale assets again, including Devon Energy’s Eagle Ford business, as CEO Meg O’Neill pushes the company back toward …
Read Full ArticleWhy WTI Is Suddenly Trading $12 Below Brent
Oil prices edge higher as Hormuz diplomacy, soaring freight costs and diesel market fears drive a widening Brent-WTI spread. Oil prices are set for a …
Read Full ArticleEU Shrugs Off Gas Supply Fears Despite Low Storage Levels
The European Union’s natural gas supply remains stable, according to the Gas Coordination Group, which advises the European Commission on coordinating security-of-supply measures in the …
Read Full ArticleTrump’s Diesel Export Threat Puts Britain on Edge
President Trump’s newest trade threat sent markets into a frenzy once again on Friday. Earlier this week, Trump said he would back Republican proposals to …
Read Full ArticleItaly Pushes Refineries to Raise Fuel Output Amid Price Surge
Italy’s industry and energy security ministers will meet with executives from the Italian refining sector in early October to discuss how refineries could raise diesel …
Read Full ArticleBeijing's Iran Oil Trade Draws Fresh Criticism From Capitol Hill
US lawmakers and national-security experts are pressing President Donald Trump to take tougher action against Chinese entities accused of helping Iran with satellite intelligence, weapons …
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Aker BP and partners upgrade Verdandi and Lillefix resource size
Aker BP and its partners Equinor and DNO have increased the projected size of the Verdandi and Lillefix discoveries in the Norwegian North Sea following …
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