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Offshore Wind Power
Biden Administration Proposes Offshore Wind in Gulf
The Biden administration on Wednesday proposed the first-ever offshore wind power generation lease sales in the Gulf of Mexico, off the coasts of Texas and Loui…
Offshore Wind Power
ACP Applauds First-Ever Gulf of Mexico Offshore Wind Lease Sale
The American Clean Power Association (ACP) issued a statement today following the announcements by the Bureau of Ocean Energy Management (BOEM) and the Departme…
Carbon Emissions
US Awards $93MN to Carbon Storage Projects
Two projects seeking to store CO2 beneath the seafloor in the US Gulf of Mexico will get a portion of $93mn in federal funding meant to kick-start the developme…
Natural Gas
Oman to Set Up Integrated Company to Manage Natural Gas Assets
Move is expected to improve the Gulf country's economic indicatorsOman, the largest non-Opec producer in the Middle East, expects to post a budget deficit i…
OPEC
Reuters Survey: OPEC Cut 710,00 Bpd in November
Led by Gulf member states, OPEC oil output dropped in November in line with the OPEC+ pledge to cut output by 2 million barrels per day for the month, according…
OPEC
UAE Denies It Is Engaging in Discussion With Other OPEC+ Members to Change Their Latest Agreement - Minister
United Arab Emirates' energy minister said on Monday that the Gulf state denied that it is engaging in any discussion with other OPEC+ members to change their l…
Oil & Gas Supply
The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”
Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…
Crude Oil
UK’s Market-Defying North Sea Oil IPO Falls Flat
After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …
LNG
QatarEnergy Names ConocoPhilips Partner for LNG Expansion Project
QatarEnergy's chief executive on Sunday named ConocoPhillips (COP.N) as the third and final partner on the Gulf Arab state's North Field South expansion, part o…
Ammonia
Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast
Energy giants Chevron and Uniper are pairing with Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast…
Hydrogen Project
Chevron, Air Liquide and Partners to Study Potential Hydrogen Project in US Gulf Coast
The companies will explore the production and distribution of hydrogen and ammonia.
Oil Price
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th…
Crude Oil
More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as …
Crude Oil
Shell to Shut Gulf of Mexico Crude Pipes for 2 Weeks in September
Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.
Crude Oil
Gulf Of Mexico Oil Outages Balloon Beyond Shell
At least two other oil majors shuttered their Gulf of Mexico platforms on Friday following a leak in the Fourchon booster station, shutting down the flow of cru…
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