New Fortress Energy Inc (NFE) has received approval from local authorities to continue delivering natural gas for Puerto Rico’s power system for seven more years.… Read More »New Fortress Energy Seals Deal to Continue Supplying Gas to Puerto Rico
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 0.6 million barrels from the week ending November 21 to… Read More »USA Crude Oil Stocks Rise Week on Week
(Council of the EU) – Today, the Council presidency and the European Parliament’s representatives reached a provisional agreement on the regulation to phase out imports of Russian… Read More »Council and Parliament strike a deal on rules to phase out Russian gas imports for an energy secure and independent Europe
The Basin’s Next Generation. Building Legacies. Powering Tomorrow. That was the theme of the 2025 Permian Basin International Show. Any oil show that can attract… Read More »Bridging Legacies, Powering Tomorrow
Chevron Corp said Wednesday it expects organic capital spending for consolidated subsidiaries to be $18-19 billion next year, at the lower end of its annual… Read More »Chevron Expects 2026 Budget To Be on Lower End of Guidance
Natural gas will be a pivotal component of Africa’s energy future as it is uniquely poised for growth despite the move toward a surplus liquefied… Read More »The surge in gas production and Africa’s path to economic transformation
The European Union is closing in on a deal to phase out Russian fossil fuels, a move that will embed into law the end of… Read More »EU Nearing Deal to End Russian Fossil Fuel Imports
Canadian producers have long faced a frustrating challenge: optimizing multilateral well design and performance in cold flow heavy oil plays using incomplete or inconsistent public… Read More »Canadian Heavy Oil: Optimize Multilateral Well Performance
In its latest short term energy outlook (STEO), which was released on November 12, the U.S. Energy Information Administration (EIA) lowered its U.S. total energy… Read More »EIA Cuts USA Energy Demand Forecast, Still Sees Rise in 2026
Enverus Intelligence Research, an energy-dedicated SaaS company, released on Oct. 22 its 3Q2025 U.S. oil and gas M&A report, offering insights into an upstream market… Read More »M&A Slumps as Low Crude Prices Keep Buyers in the Dugout
