ADNOC, the UAE's oil company, boosts US investment and says AI is a once in a lifetime opportunity to invest.
ADNOC Chief Sultan al-Jaber stated on Tuesday that the state oil company in the United Arab Emirates aims to increase its U.S. investments by six-fold, to $440 billion over the next ten years.
IEA: World oil demand will continue to grow this decade despite China's peak in 2027
The International Energy Agency (IEA) said that global oil demand will continue to grow until the end of the decade, despite a peak in China, the top importer, in 2027. This is…
Russell: China-US deal pushes rare earths to the back burner
Although the tentative agreement between the United States, and China represents a step back from the worst case scenario of a complete collapse of trade between two of the largest economies in the world…
Russell: China-US deal pushes rare earths to the back burner
Although the tentative agreement between the United States, and China represents a step back from the worst case scenario of a complete collapse of trade between two of the largest economies in the world…
The White House meets with the CEO of a company seeking to build a Pennsylvania LNG terminal
The CEO of the company that wants to build a terminal for liquefied gas near Philadelphia said on Wednesday that he had met with officials at the White House in this week to provide "intelligence" about the project…
WGC-Woodside CEO: WGC-Woodside anticipates global gas consumption to increase by 50% between now and 2030
Meg O'Neill, CEO of Woodside Energy Australia, said that the company expects global gas consumption to grow by 50% between now and 2030. O'Neill stated at the World Gas Conference…
Minister: Russia and China discuss Beijing's involvement in Russian LNG projects
Interfax reported that Russian Energy Minister Sergei Tsivilev said on Thursday that the Russian and Chinese delegations were discussing Chinese companies' participation in Russian projects for liquefied gas.
Wall St Week Ahead: Fed outlook is in focus as US stock rally picks-up speed
Investors are hoping that the Federal Reserve will continue to lower interest rates over the next few months. The rally has erased the fall caused by President Donald Trump’s tariffs.
Wall St Week Ahead: Fed outlook is in focus as US stock rally picks-up speed
Investors are hoping that the Federal Reserve will continue to lower interest rates over the next few months. The rally has nearly reversed the decline caused by President Donald Trump’s tariffs.
Gas prices in Europe are rising on the back of lower renewable energy forecasts
The Dutch and British wholesale gas price increased on Thursday morning, as temperatures and renewables are expected to drop at the weekend and the quieter trade before Easter.
Sources say that US fuel exports by land to Mexico have been halted due to increased scrutiny.
Three sources with knowledge of the matter confirmed on Tuesday that the Mexican government had halted the importation of U.S. gasoline into Mexico by road as part its crackdown on illegal deals.
Colombia's Ecopetrol resumes Cano Sur and Rubiales field operation
Ecopetrol, Colombia's state energy company, announced on Friday that it had begun to resume oil field operations in Rubiales and Cano Sur after reaching an agreement with the local…
Indigenous groups in Peru protest Glencore's Antapaccay mine
A local leader reported that members of Indigenous communities in Peru's Cusco Region blocked access to Glencore Antapaccay Copper Mine to protest against an expansion plan. In an interview…
Varo purchases Swedish refiner Preem as part of a bet on biofuels
Varo Energy, which is backed by Carlyle Group, the largest private equity firm in the world, and Vitol, one of the biggest trading houses in history, announced on Monday that it had bought Swedish refiner Preem.
RPT-PowerChina Unit Sues Laos Utility for $555 Million
A review of an arbitration document shows that Nam Ou Power, part of the state-owned Power Construction Corp of China has sued Laos utility Electricite du Laos for $555m in unpaid hydropower dues.
PowerChina Unit Sues Laos Utility for $555 Million
A review of an arbitration document shows that Nam Ou Power, part of the state-owned Power Construction Corp of China has sued Laos utility Electricite du Laos for $555m in unpaid hydropower dues.
Prices near four-week-low on US-Russian talks and weaker demand
Dutch and British wholesale prices of gas held near four-week lows, as the market awaited the outcome of talks between the U.S.A. and Russia on how to end conflict in Ukraine. Strong renewables output also curbed demand.
Shell's scenarios predict significant LNG growth within the next few years
Shell published scenarios on Wednesday that showed a rapid rise in global demand for liquefied gas. Gas will probably have a gradual increase, and oil could peak at the start of the next decade.
Shell's scenarios predict significant LNG growth within the next few years
Shell published scenarios on Wednesday that showed a rapid rise in global demand for liquefied gas. Gas will probably have a gradual increase, and oil could peak at the start of the next decade.
European gasoline glut affects global margins
As a result, gasoline stocks in Europe reached a record-high as exports fell due to increased refinery runs in Nigeria and the United States. This led to the profit margins for European and U.S.
