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Oil&Gas Drilling
US Oil/Gas Rig Count Rises in July in Biggest Monthly Hike Since Nov 2022 - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy servic…
Oil & Gas Trade
Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses
Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to l…
Ammonia
Saipem Sees Business Opportunities in Green Ammonia and Offshore Wind Power
Saipem, an energy company traditionally focused on oil and gas contracts, sees business opportunities in low-carbon areas such as green ammonia and offshore win…
Offshore Wind Power
US Wind Power Falls to 33-Month Low, Generators Burn More Natgas
The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to …
Oil & Gas Trade
Exxon Mobil, CF Industries sign carbon capture and storage deal
Energy major Exxon Mobil (XOM.N), opens new tab said on Thursday it has entered into a carbon capture and storage (CCS) agreement with ammonia producer CF Indus…
Oil & Gas Trade
Canada’s Pieridae Energy Shuts-in Production Amid Low Natgas Prices
Canadian energy company Pieridae Energy (PEA.TO), opens new tab said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day …
Oil & Gas Trade
Texas LNG and EQT Sign 20-Year Agreement for Gas Liquefaction Services
Texas LNG is a planned export facility in the Port of Brownsville, Texas. Credit: Nadja1/Shutterstock.Texas LNG Brownsville (Texas LNG), operated by Glenfarne E…
RNG
Viridi Energy Signs 20-Year Deal to Supply RNG to ÉNergi
Viridi will supply the RNG from plants in Brunswick, Marathon County and Bethlehem. Credit: Quality Stock Arts/Shutterstock.Viridi Energy, an RNG producer, has …
Oil & Gas Trade
With First FLNG Unit Online, US Player Gets Hold of $700 Million Loan to Build Second One
U.S. energy infrastructure player New Fortress Energy (NFE) has secured a $700 million loan to cover its construction costs for a second floating liquefied natu…
Oil & Gas Trade
Totalenergies Q2 Earnings Fall 6% on Weaker Refined Products and Gas Sales
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. …
Electricity Transmission
European Electricity Prices Continue Upward Trajectory
Image: AleaSoft Energy ForecastingElectricity prices increased in all major European markets in the third week of July, according to AleaSoft Energy Forecasting…
Hydrogen Project
Britain’s Gas Network Ready for Hydrogen Fuel, Report Says
The symbol for the chemical element hydrogen is seen in this file photo. REUTERS/Wolfgang Rattay/File Photo Purchase Licensing RightsBritain's national gas …
Crude Oil
Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo Purchase Licensing RightsFalling U.S. cr…
Oil & Gas Trade
Ocyan Bags $134M Petrobras Service Deal on Buzios Field
Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million…
Oil & Gas Trade
Indonesia Seeks Russian Oil for the First Time in Years, Sources Say
A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia, January 13, 2016. REUTERS/Darren Whiteside/File Photo Purc…
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