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Tethys Oil Releases March Production Results
Tethys Oil said the official selling price of its Oman Export Blend oil was $78.75/bbl.
EU Expected to Sue Germany Over Gas Tariff, Sources Say
The German tariff is a legacy of the European energy crisis that peaked in 2022 after Moscow slashed gas flows to Europe and an undersea explosion shut down the Nord Stream pipeline.
Balticconnector Gas Pipeline Will be in Commercial Use Again April 22, Gasgrid Says
The Balticconnector subsea gas link between Estonia and Finland was damaged in October along with three telecoms cables.
Report: Freeport LNG Hits Sixth Day of Dwindling Gas Consumption
With Freeport LNG operating at a fraction of its full capacity, natural gas futures have fallen following a short rally the week before.
Pemex to Remain Fiscally Challenged for Mexico’s Next President
S&P Global Ratings said Pemex will remain a fiscal challenge for the country’s next president, adding that continued cautious macroeconomic management was key in its ratings on both Mexico and Pemex.
Permian NatGas Hits 15-month Low as Negative Prices Linger
Prices at the Waha Hub in West Texas closed at negative $2.99/MMBtu on April 15, its lowest since December 2022.
BP Starts Oil Production at New Offshore Platform in Azerbaijan
Azeri Central East offshore platform is the seventh oil platform installed in the Azeri-Chirag-Gunashli field in the Caspian Sea.
RBC: Minerals, E&P Stocks Wooing Back Generalist Investors
Public mineral and royalty companies have performed well in the markets, and investors are taking notice. But experts say mineral and royalties stocks still have a long way to go to compete for generalist investor capital.
US Could Release More SPR Oil to Keep Gas Prices Low, Senior White House Adviser Says
White House senior adviser John Podesta stopped short of saying there would be a release from the Strategic Petroleum Reserve any time soon at an industry conference on April 16.
Core Scientific to Expand its Texas Bitcoin Mining Center
Core Scientific said its Denton, Texas, data center currently operates 125 megawatts of bitcoin mining with total contracted power of approximately 300 MW.