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 trends in production, investment, and...
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...
Energy News
Clean energy news from Quaise Energy, SLB Capturi and Nel ASA
Here's the latest update from clean energy sector
Quaise Energy and Nevada Gold Mines partner on deep geothermal pilot plantÂ
Quaise Energy, a provider of...
Energy News
Green Hydrogen to become cost-competitive by 2030
Green hydrogen, a key solution for decarbonizing hard-to-abate industries, is set to become cost-competitive by 2030, according to ABI Research.
Production costs, or Levelized Cost...
Energy News
Water News: AECOM-Jacobs, Aquaria, OceanWell
AECOM-Jacobs, Aquaria, OceanWell, among others, announced their latest technology contract news with their customers or channel patners.
AECOM-Jacobs JV to provide engineering services
AECOM, a provider of infrastructure...
Energy News
BP reveals $7 bn investment in Tangguh UCC Project in Indonesia
BP, along with its Tangguh production sharing contract partners, has made investment decision on the $7 billion Tangguh Ubadari CCUS Compression (UCC) project in...
Energy News
Shifts in U.S. energy policy under Republican control
Republican control, led by President-elect Trump, will move U.S. energy policy away from net-zero targets, Wood Mackenzie said.
Inflation Reduction Act (IRA): Full repeal is...
Energy News
EIA says U.S. refining capacity to drop 3% to 17.9 mn
The U.S. refining capacity is expected to drop by about 3 percent by the end of 2025, reaching 17.9 million barrels per day, the...
Energy News
U.S. oil mergers slow down in Q3 2024 after record consolidation wave
U.S. oil mergers sharply decelerated in the third quarter of 2024, following a year-long wave of consolidation that left fewer companies available for acquisition...
Energy News
OPEC lowers 2024 oil demand forecast reflecting cleaner energy transitions
The Organization of the Petroleum Exporting Countries (OPEC) has revised its global oil demand growth forecast for 2024 downward for the third consecutive month,...