Energy News
Chevron to slash 8,000 jobs to workers aiming $3 bn in cost reductions
Chevron said it will lay off 15 percent to 20 percent of its global workforce by the end of 2026 as part of a cost-cutting initiative aimed at simplifying...
Energy News
Projects: Essential Utilities, WINT Water Intelligence
Essential Utilities, WINT Water Intelligence, among others, announced their latest projects or deals in the global water management industry.
Aqua Pennsylvania Buys Greenville Wastewater System in...
Energy News
ONGC selects BP as technical services provider (TSP) for Mumbai High
ONGC and BP have signed a contract appointing BP as the Technical Services Provider (TSP) for Mumbai High, India’s largest offshore oil field.
ONGC retains...
Energy News
Why energy transition requires more investment?
The risk of a delayed energy transition scenario brings the possibility of a much greater future demand for oil and gas supply. Meeting this...
Energy News
EIA releases energy outlook for 2025
The U.S. Energy Information Administration (EIA) released its January Short-Term Energy Outlook (STEO), providing forecasts for energy production, consumption, and prices through 2026.
EIA projects...
Energy News
e-STORAGE signs contracts for DC battery energy storage systems in Scotland
Canadian Solar announced that e-STORAGE, part of its subsidiary CSI Solar, has signed contracts with Copenhagen Infrastructure Partners (CIP) for 2 GWh DC battery...
Energy News
Exxon Mobil and Shell revised financial projections fourth-quarter
Oil majors such as Energy majors Exxon Mobil and Shell have revised their financial projections for the fourth-quarter of 2024.
Exxon Mobil
Exxon Mobil anticipates a...
Energy News
Sinopec reveals forecasts on global and Chinese energy trends
China Petroleum & Chemical Corporation (Sinopec) revealed significant long-term forecasts on global and Chinese energy trends.
Sinopec predicts global primary energy consumption will peak at...
Energy News
EIA review of crude oil and natural gas industry for Q3 2024
The U.S. Energy Information Administration (EIA) has published its Financial Review of the Global Crude Oil and Natural Gas Industry: Third-Quarter 2024, revealing key...
Energy News
BP and XRG launch Arcius Energy boosting natural gas development
BP and XRG announced today the financial close and formal launch of their joint venture, Arcius Energy, an international natural gas platform aimed at...
Energy News
OPEC cuts 2024 oil demand growth forecast amid China’s slowdown
The Organization of the Petroleum Exporting Countries (OPEC) has reduced its 2024 global oil demand growth forecast for the fifth consecutive month, citing weaker-than-expected...