US NatGas Prices Fall 3% to 5-Month Low on Big Storage Build, Mild Weather
U.S. natural gas futures fell about 3% to a five-month low on April 24 on a bigger-than-expected weekly storage build and expectations that mild weather will keep heating and cooling demand low in coming weeks.
Stonepeak Acquires 75% Stake in Australia’s IOR
Stonepeak is acquiring a 75% stake in IOR, a commercial fuel and logistics provider in Australia, following its $5.7 billion deal to purchase interest in Woodside’s Louisiana LNG.
E&P Highlights: April 14, 2025
Here’s a roundup of the latest E&P headlines, from CNOOC’s latest production startup to an exploration well in Australia.
Energy Transition in Motion (Week of April 11, 2025)
Here is a look at some of this week’s renewable energy news.
2025 Hamm Summit Goal: Make US NatGas ‘Hero’ for Powergen
Stepping up power for data centers “is a phenomenal opportunity here that our industry has to take advantage of. We have to get this right,” the Hamm Institute for American Energy’s executive director Ann Bluntzer Pullin said.
Woodside Divests Greater Angostura Assets to Perenco for $206MM
The Greater Angostura field produces approximately 12% of Trinidad and Tobago’s gas supply, said Woodside CEO Meg O’Neill in a press release.
Iveda Deploys New Liquid Storage Management Solution for Gulf Western Oil
IoT servicer Iveda’s LevelNOW system uses sensors to deliver real-time information about tank levels.
Energy Vault Begins Construction of Battery Storage Project in Australia
Energy Vault says it will use a special inverter which enables advanced grid support functionalities for the project.
Energy Transition in Motion (Week of Feb. 14, 2025)
Here is a look at some of this week’s renewable energy news, including a geothermal drilling partnership.
TGS, deepC Store to Evaluate Location Offshore Australia for Carbon Storage
TGS will work on the assessment in the Browse Basin throughout 2025.