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Crude Oil
Biden Announces Global Effort to Ease Energy Costs
US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve
Natural Gas
BHP, Woodside Agree on $12 billion Australian Gas Project
BHP Group and Woodside Petroleum Ltd. approved investment in a $12 billion Australian gas project as the companies also confirmed details of a merger to combine…
Crude Oil
OPEC Considers Lowering Production to Account for Oil Reserve Releases
OPEC and its allies may re-evaluate plans for reviving oil supplies if the world’s four largest consuming countries go ahead with a co-ordinated release of the…
Electric Vehicle Battery
Oil Giant Teams up with Aulton to Build Battery Swap Stations
British Petroleum to embrace alternative electric refueling method
Carbon Pricing
As Climate Change Policy Takes Shape, will the U.S. Ever Put a Price on Carbon?
Oil prices are high and the government is considering tapping the Strategic Petroleum Reserve to ease energy inflation felt by consumers.
Oil Field
Tullow Oil Set to Increase Stake in Oil Fields in Ghana
Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Microgrid
Australia’s Largest Hybrid Renewable Microgrid Officially Opened
After successful commissioning at the height of the COVID-19 pandemic, the Agnew Hybrid Renewable Microgrid was today officially opened in a celebration attend…
Oil Price
UAE Petrol Prices to Rise in November
Motorists across the Emirates will face a further increase for both petrol and diesel
OPEC
Second High-Level Meeting of the OPEC-GECF Energy Dialogue Takes Place
The Organization of the Petroleum Exporting Countries and the Gas Exporting Countries Forum held the Second High-Level Meeting of the OPEC-GECF Energy Dialogue,…
Mexico
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered…
Solar Power Plant
Colombia’s Largest PV Plant Comes Online
The 61 MW solar facility is owned by Colombian oil company Ecopetrol.
Crude Oil
Construction Begins on Niger-Benin Crude Pipeline
China National Petroleum Corporation has commenced the construction of Niger-Benin Crude Pipeline a transnational pipeline that will carry crude from Niger’s A…
Oil Field
Occidental Sells Stakes in Two Ghana fields for $750 million
Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporatio…
Crude Oil
Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing
Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …
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