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Oil Price
Oil Settles on Moderate Gains Amid Mixed Middle East Signals
Oil edged higher after swinging between gains and losses for much of the session as traders weighed mixed signals about the risks to flows from the Middle East …
Oil & Gas Trade
Deepocean And Exceed Partner For Vessel-based P&A
Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well pl…
Oil & Gas Trade
Coterra To Buy Permian Shale Assets In $4 Billion Deal
Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billi…
Oil & Gas Trade
Ineos-led Project Greensand And Royal Wagenborg Sign Agreement On Co2 Carrier
Today, in the presence of HM King Willem-Alexander of the Netherlands and HM King Frederik of Denmark INEOS and Royal Wagenborg have signed a landmark agreement…
Oil & Gas Trade
Hilcorp Bags $1b Permian Deal
This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources.…
Oil & Gas Trade
Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions
While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…
Oil & Gas Trade
QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt
Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy.This agreem…
Oil & Gas Trade
Devon Raises 2024 Projected Production
United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supp…
India
Project Innerspace Highlights India’s Geothermal Potential With GeoMap
GeoMap showing industrial heat demand in IndiaProject InnerSpace has launched GeoMap™ India, highlighting the enormous potential for untapped geothermal e…
Battery
Man Engines Presents Batterypack Solutions for Container Applications, Updates for Gas Engines
MAN Engines, a leading manufacturer of stationary engines for power and heat generation, is presenting its latest developments for electricity storage in the in…
Coal Trade
Adaro Eyes $291 Million From Unit IPO to Spin Off Coal Business
Coal miner PT Adaro Andalan Indonesia may raise as much as 4.59 trillion rupiah ($291 million) from an initial share sale, part of a move by its parent company …
Offshore Wind Power
Entrion Wind Awarded Patent for Deep Water Monopile Technology
Entrion Wind has announced the issuance of a US patent for its innovative Fully Restrained Platform (FRP) monopile. Officially granted by the U.S. Patent and Tr…
Solar Materials
DGTR Recommends Anti-dumping Duty on Solar Glass Imports From China, Vietnam
India’s Directorate General of Trade Remedies (DGTR) has recommended an anti-dumping duty on solar glass imports from China and Vietnam after its investig…
Distributed energy
Two-Layer Power Trading Mechanism to Support Distributed Solar
Researchers in China have proposed a new hybrid transaction model for distributed power trading. The model encourages the participation of aggregators in market…
Oil & Gas Trade
Sabic Opens Ultem™ Resin Manufacturing Facility In Singapore
SABIC, a global diversified chemicals company, has officially launched its new $170-MM (S$220-MM) ULTEM™ resin manufacturing facility in Singapore, markin…
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