Italy's new regasification vessel should expand the country's LNG import capacity, Italian Ecological Transition Minister Roberto Cingolani reported.
Brigham Minerals partially redeployed the proceeds from a divestiture in the Anadarko Basin during the second quarter into debt reduction and its acquisition ground game in the Permian Basin.
OPEC and the International Energy Agency (IEA) conflicting oil demand views, with OPEC cutting its world oil demand forecast and the IEA raising its demand growth forecast.
Increases RNG production and diversifies portfolio with landfill gas-to-power assets.
The week of Aug. 8, 2022 was the first time the U.S. oil and gas rig count fell for two consecutive weeks since August 2020.
Despite Freeport LNG's liquefaction plant closing in June due to a fire, the company reported pulling in small amounts of natural gas to fuel a power plant.
Here’s a look at some of this week’s renewable energy news.
Confluence Resources retained Meagher Energy Advisors to market for sale operated and nonoperated assets in the Denver-Julesburg Basin.
Cheniere Energy in June asked the Biden administration for an exemption from new curbs to be imposed later this year on emissions of cancer-causing chemicals like formaldehyde and benzene, which the Environmental Protection Agency is currently deciding.
As Europe continues to wean itself off of Russian natural gas, a new pipeline connecting Spain and France could solve part of the problem.
Both Brent, WTI fall 0.3% in early trading, though weekly increase recoup part of last week’s oil price declines.
The European diesel market went into shock after Russia's invasion of Ukraine in February.
Find could amount to as much as 36 MMBoe.
Valero Energy Corp., Motiva Enterprises, Phillips 66 and Chevron Corp. have all purchased oil from the U.S. Strategic Petroleum Reserve, with deliveries beginning in mid-September.
"Shell is coordinating with local authorities and mobilizing personnel and equipment to assess the situation," Shell said in a statement regarding a pipeline leak.
Power producer expands talks for LNG beyond US and Qatar.
Schlumberger is working to modernize completions and combine all-electric intelligent completion systems with multilateral retrofit.
Jenbacher Ready-for-H2 engines will operate on blend of landfill gas and hydrogen-rich waste fuel, producing renewable power.
In 2024, Santos Ltd. plans to start construction on a pipeline route purchased from Hunter Gas Pipeline Pty. Ltd.
Crystal Energy retained TenOaks Energy Advisors for the sale of certain nonoperated properties located in the Willison Basin.
Ecopetrol and Shell boast success at the ultra-deep-water Gorgon-2 well, which confirms the extension of a natural gas province offshore Colombia’s southern Caribbean coast.
Russia's Gazprom stated it will continue shipping gas to Europe through Ukraine and is poised to send 41.6 MMcm of gas on Aug. 11.
European power crunch will likely lead to hike in EBITDA.
Equinor's Castberg FPSO, located in the Arctic Johan Castberg oilfield, is expected to onstream in fourth-quarter 2024.