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Energy Transition
Snam to Invest €14.5BN in Gas Grid for Green Fuels Transition
talian gas grid operator Snam has announced a significant investment of €14.5bn ($15.72bn) to adapt its infrastructure for the energy transition.This inves…
Oil&Gas Drilling
Transocean Drillship Gets Another Drilling Job in Gulf of Mexico
Switzerland-based offshore drilling contractor Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U…
Carbon Capture
Start-up of Giant Gas Development Remains on Track as Flagship Carbon Capture and Storage Project Propels Forward Australia’s Journey to Net Zero
Australian energy player Santos has hit the 82% completion mark at its project in Commonwealth waters, bringing it closer to the first gas from its huge field o…
Oil & Gas Trade
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News AgencyThe American Bureau of Shipp…
LNG
Prysmian, Nexans, and Fulgor to Submit Final Offers in Submarine Power Cable Battle for Greek Interconnectors
Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company…
LNG
Cheniere Energy Moves Closer to Starting New Texas LNG Export Operation
Cheniere Energy (LNG.N), moved one step closer to producing first liquefied natural gas from a Corpus Christi, Texas, expansion project on Thursday after it rec…
LNG
Energy Transfer Signs KBR, Technip Energies to Build Louisiana LNG Plant
Pipeline operator Energy Transfer (ET.N), has signed a preliminary contract with a consortium to build its proposed Lake Charles liquefied natural gas (LNG) pla…
Oil & Gas Trade
China’s September Refinery Output Falls for the Sixth Straight Month
China's refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the st…
Oil & Gas Trade
Eurozone Industry Makes Gains Ahead of ECB Meeting
Eurozone industry rebounded in August, offering a ray of optimism for the beleaguered factory sector as European Central Bank policymakers prime to cut interest…
Crude Oil
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …
Oil & Gas Trade
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…
Oil&Gas Drilling
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir…
CCS
Trio Enriches Offshore Electrification of Oil & Gas Assets in UK and Norway With Carbon Capture
Three players – Amplus Energy, EnQuest’s Veri Energy, and Ocean-Power – have embarked on a decarbonization mission to bring offshore electrifi…
Oil & Gas Trade
FPSO Offshore Brazil Sees First Oil Sooner Than Planned
Offshore BrazilWhile the start of production was initially scheduled for 2025, the FPSO Maria Quitéria working in the Jubarte field produced its first oi…
Oil & Gas Trade
Phillips 66 to Shut Oil Refinery, End Gasoline Output in Los Angeles
Los Angeles-area oil refineryPhillips 66 (PSX.N), said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California'…
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