More Top Stories in Markets

Mitsubishi Partners with Corpus Christi Port Authority on US Ammonia Plant

Mitsubishi and the Port of Corpus Christi Authority will look into the possibility of making low-emission ammonia, produced from natural gas but eliminating emissions by capturing and storing the emitted carbon nearby, a source said.

September 29, 2022

US Imposes New Sanctions on Iran Oil Exports

The U.S. Treasury Department also slapped sanctions on a network of companies involved in what it said was the sale of hundreds of millions of dollars worth of Iranian petrochemical and petroleum products to users in South and East Asia.

September 29, 2022

Oil Prices Near $90 as OPEC+ Considers Output Cut

Leading members of OPEC+ have begun discussions about an oil output cut when they meet on Oct. 5, two sources from the producer group told Reuters.

September 29, 2022

Nationwide Strike Disrupts France’s Energy Sector

The 24-hour strike by electricity union FNME lowered capacity from the power grid at a time when France already faces a record number of nuclear reactor outages.

September 29, 2022

Russia Says Nord Stream 'Sabotage' Likely to Be State-sponsored Act

"This looks like an act of terrorism, possibly on a state level," Russian Kremlin spokesman Dmitry Peskov said of the Nord Stream 1 and 2 pipeline leaks into the Baltic Sea.

September 29, 2022

France's TotalEnergies Plans to Spin Off Canadian Oil Sands Assets

TotalEnergies' Canadian oil sands assets will generate $1.5 billion of cash flow in 2022, according to CEO Patrick Pouyanne.

September 28, 2022

Shareholders of Poland’s PKN Orlen Approve Takeover of Gas Company PGNiG

Expected merger would create Polish national energy champion.

September 28, 2022

Oil Prices Stable as Soaring Dollar Offset by US Output Outages

Approximately 11% of U.S. Gulf of Mexico production has been shut-in due to Hurricane Ian.

September 28, 2022

Natural Gas ‘Hanging in There’ as Renewables Rise to Meet Power Demand

Natural gas-fired generation continues to dominate as plants move away from coal and renewables’ share rises, Enverus’ Bernadette Johnson said during Hart Energy’s Americas Natural Gas Conference.

September 28, 2022

Afghan Taliban Sign Deal for Russian Oil Products, Gas

Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi said the deal would involve Russia supplying around one million tonnes of gasoline, one million tonnes of diesel, 500,000 tonnes of LPG and two million tonnes of wheat annually.

September 27, 2022