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Gas Pipeline
TC Energy Rules Out Sale of Canadian Mainline Pipeline
TC Energy Corp.’s Chief Executive Officer, Francois Poirier, has confirmed that the company will not sell its Canadian Mainline natural gas pipeline, a vi…
Oil Field
CNOOC Brings On-Stream Wenchang 9-7 Oilfield Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Wenchang 9-7 Oilfield Development Project has…
Geothermal Power Project
Bill on Repurposing Oil and Gas Wells to Geothermal Passed in New Mexico, US
New Mexico Governor Michelle Lujan Grisham has signed House Bill 361, establishing a framework to repurpose existing oil and gas wells for energy storage or geo…
LNG
Another Permit in Place for America’s ‘First’ Offshore LNG Export Project
Delfin Midstream, a U.S.-based company developing LNG export infrastructure, has secured a key permit for its Delfin LNG project in Louisiana and offshore in th…
LNG
Mubadala Energy Buys 24% Stake in Kimmeridge, Marking Its First Major U.S. LNG Investment
Mubadala Energy, based in Abu Dhabi, has recently acquired a 24.1% stake in SoTex HoldCo LLC, a company owned by Kimmeridge, an energy-focused alternative asset…
Solar Battery (Storage)
Latin America’s Largest Solar-Plus-Storage Project Goes Online
ContourGlobal, a developer owned by U.S.-based investment firm KKR, has officially opened the Quillagua solar-plus-storage plant in the María Elena commu…
Crude Oil
USA Crude Flows to China Trickle to Near Zero After Tariff Blitz
The flow of oil from the United States to China, one of the world’s largest importers, is projected to drop significantly due to increasing trade tensions…
LNG
Energy Transfer and Midocean Energy Collaborate on Lake Charles LNG
Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has signed a heads of agreement (HOA) with MidOcean Energy, a liquified natural gas (LNG…
Oil & Gas Trade
Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say
On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venez…
Oil Price
Egypt Raises Fuel Prices for First Time in 2025
On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government&r…
Gas power plant
Gas-Fired Power Generation Hits Four-Year Quarterly High in GB
In the first quarter of 2025, Britain saw gas-fired power generation reach its highest level since 2021, driven by low renewable output and increased demand. Mo…
Norway
Equinor Forms New Unit to Capitalise on Soaring Power Demand
Norway’s Equinor announced plans to integrate its renewables business with its gas-to-power plants and energy storage assets. This strategic shift aims to…
Oil Price
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…
Metal
Chile’s Antofagasta Predicts Strong Copper Demand Despite Tariff Uncertainty
In 2024, Ivan Arriagada, CEO of Chilean mining company Antofagasta, addressed the impact of recent U.S. tariffs on metal demand, particularly copper. He noted t…
CCS
Flying Colors as UK’s First CO2 Injection Test Crosses Finish Line
A partnership between Perenco UK, Carbon Catalyst, and Harbour Energy has successfully completed the UK’s first CO2 injection test at a carbon capture and…
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