Henry Hub Reverts to Downtrend
Henry Hub front month futures have reverted to a downtrend that began in early October, following a temporary peak at $2.55 per million British thermal… Read More »Henry Hub Reverts to Downtrend
Oil Prices Decline as Traders Take Profits
In a market analysis sent to Rigzone today, George Pavel, General Manager at Capex.com Middle East, said oil prices declined on Tuesday as traders took… Read More »Oil Prices Decline as Traders Take Profits
US Sanctions Shipping Entities Linked to Iran, Hezbollah
Washington has imposed a financial and activity blockade against over a dozen vessels and shipping firms that it accused of involvement in the export of… Read More »US Sanctions Shipping Entities Linked to Iran, Hezbollah
Gulf of Mexico Oil, Gas Production Almost Fully Restored After Hurricane
Gulf of Mexico oil and gas production is almost fully restored following hurricane Francine, a statement posted on the Bureau of Safety and Environmental Enforcement’s… Read More »Gulf of Mexico Oil, Gas Production Almost Fully Restored After Hurricane
AEA Releases American Energy Scorecard
In a release sent to Rigzone by American Energy Alliance (AEA) President Thomas Pyle this week, the AEA revealed the launch of its “newly redesigned… Read More »AEA Releases American Energy Scorecard
Halliburton Aware of Issue Affecting Certain Company Systems
When asked to confirm if Halliburton was hit by a cyberattack recently, a company spokesperson told Rigzone late Friday that Halliburton was “aware of an… Read More »Halliburton Aware of Issue Affecting Certain Company Systems
Oil Refiners Get Back to Reality as New Plants Erode Big Profits
A golden period of profits for oil processors is fading as a new generation of mega refineries comes online and China’s powerhouse economy falters. Earnings… Read More »Oil Refiners Get Back to Reality as New Plants Erode Big Profits
Eni Starts Building 250 MW RE-Gas Plant in Kazakhstan
Eni SPA and local partner NC KazMunayGas JSC (KMG) have started constructing a 250-megawatt renewable energy-gas power plant in Zhanaozen, Kazakhstan. The project is “Kazakhstan’s… Read More »Eni Starts Building 250 MW RE-Gas Plant in Kazakhstan
Shell Makes FID on 2 Carbon Storage Projects in Alberta
Shell plc subsidiary Shell Canada Products has made a final investment decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals… Read More »Shell Makes FID on 2 Carbon Storage Projects in Alberta
US DOE Unveils Strategy to Achieve Commercial Fusion
The United States Department of Energy (DOE) has released an action plan to realize the commercial-scale deployment of fusion energy. The Fusion Energy Strategy is… Read More »US DOE Unveils Strategy to Achieve Commercial Fusion