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Oil
Natural Gas
Colombian Energy Chief Criticizes Gas Companies for Price Hikes
Andres Camacho speaks during a press conference in Bogotá on May 24, 2024.Colombia’s top energy official is blaming natural gas distributors for th…
Crude Oil
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Storage tanks at the Port of Rotterdam in Rotterdam, Netherlands.Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to str…
Battery
Tata Power Unit and ONGC Sign MoU for Battery Energy Storage Systems
The MoU, signed at India Energy Week 2025, was formalised with TPREL CEO Deepesh Nanda and other dignitaries.Tata Power Renewable Energy – (TPREL), a subs…
Natural Gas
Germany Wants EU to Relax Gas Storage Targets
Model of natural gas pipeline and EU flag, July 18, 2022.Germany wants the European Union to make its gas storage targets less rigid because of worries over the…
Oil Price
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices settled flat on Thursday, paring earl…
Coal Mine
Drilling on a New Swath of Ultra-Deep Oil Wells in Taklamakan Desert, Starts After Holiday
Photo taken on July 7, 2017, shows Keshen 605 well at the Tarim Oilfield in Aksu, northwest China's Xinjiang Uygur Autonomous Region.Drilling on a new swath…
Oil&Gas Drilling
Equatorial Guinea Launching New Oil & Gas Licensing Round After Six Years
Equatorial Guinea’s Ministry of Mines and Hydrocarbons is set to launch a new oil and gas licensing round to up the country’s offshore exploration a…
Oil&Gas Drilling
BP Books Singapore Firm for Another Gulf of America-Bound Floating Production Unit
Rendering of BP's Kaskida offshore platform in the Gulf of MexicoSingapore-headquartered provider of offshore, marine, and energy solutions Seatrium has sec…
Crude Oil
EIA Confirms Turkmenistan’s Rising Oil Reserves
Turkmenistan continues to strengthen its position as a key energy producer, with proven oil reserves reaching 600 million barrels as of January 1, 2025, accordi…
LNG
FSRU Gig at One of Germany’s LNG Terminals Cut Short Over Pricing Issues
FSRU Energos Power;Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has pulled the plug on a charter deal for one of t…
Oil&Gas Drilling
26 Offshore Blocks up for Grabs in Trinidad and Tobago’s 2025 Deepwater Oil & Gas Bid Round
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes);With the need to ensure energy independence in mind, the government of Trinida…
Offshore Wind Power
Government Pledges Extra £200M for Offshore Wind in Oil and Gas Communities
A floating wind turbine, similar to those that will make up the Green Volt development.The UK government has announced an initiative to deliver up to £200…
Crude Oil
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by…
Crude Oil
Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises
An Exxon gas station seen in Washington, U.S., November 26, 2024.A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for it…
Natural Gas
Validus Energy to Buy Natural Gas Producer 89 Energy III for $850 Million, Sources Say
Privately owned U.S. oil and gas producer Validus Energy has struck a deal to buy rival 89 Energy III for about $850 million, including debt, sources familiar w…
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