Canada's Oil Sands CEOs Push Back Against Proposed Oil, Gas Emissions Cap

The oil and gas sector is Canada's highest-polluting industry, accounting for more than a quarter of all emissions.

Weatherford to Deliver Drilling Services to Bapco Upstream in Bahrain

The contract with Bapco Energy subsidiary Bapco Upstream replaces Weatherford’s old drilling services contract from 2015.

BlackRock, Citadel to Launch Texas Stock Exchange

The exchange, which has raised about $120 million, plans to file registration documents with the U.S. Securities and Exchange Commission to start operating as a national securities exchange later this year, TXSE said on June 5.

Industry Angst Mounts as Treasury Weighs Hydrogen Tax Credit Rules

The U.S. Treasury Department will determine the final rules on how hydrogen producers qualify for 45V, the hydrogen production tax credit.

Court Rules in Williams’ Favor in Pipeline Dispute with Energy Transfer

Williams and Energy Transfer have three legal cases and a pending FERC ruling in the dispute over Williams’ Louisiana Energy Gateway Project.

Hydrogen Left Hanging as DOE Prolongs Contract Negotiations

Regulatory and energy experts discuss hydrogen hubs as the award negotiation process continues.

Saudi Aramco Holding LNG Talks with US Firms Tellurian, NextDecade, Sources Say

Oil giant Aramco is in talks with Tellurian to buy a stake in the Driftwood LNG plant near Lake Charles, Louisiana.

TotalEnergies Signs Two LNG Contracts in Asia

Through contracts with Indian Oil Corp. and Korea South-East Power, TotalEnergies is securing its global LNG supply portfolio in the medium term.

What's Affecting Oil Prices This Week? (June 3, 2024)

For 2024, Stratas Advisors says increasing supply will be more challenging unless U.S. producers start ramping up their capital expenditures and drilling programs beyond their current plans.

OPEC Output Cuts Seen as Bearish by Analysts

WTI and Brent oil prices inched lower as investors weighed extended OPEC+ supply cuts.