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Oil Holds Steady Ahead of OPEC+ Talks

30 October 2025, 7:45pm
Oil prices were little changed as investors await clarity on Russian supply disruptions and US trade progress with China.
Read more... (source: www.rigzone.com)

TotalEnergies Sees Debt Pile Falling Further

30 October 2025, 4:09pm
TotalEnergies SE said debt came down in the third quarter and will likely fall further by the end of the year.
Read more... (source: www.rigzone.com)

USA Energy Sec Says USA Is Ready to Sell More Oil, Gas to China

30 October 2025, 3:47pm
Energy Secretary Chris Wright said the U.S. is prepared to sell more oil and natural gas to China if Beijing cuts back on purchases from Russia.
Read more... (source: www.rigzone.com)

USA Crude Oil Stocks Drop Almost 7MM Barrels WoW

30 October 2025, 3:24pm
Crude oil stocks, not including the SPR, stood at 416.0 million barrels on October 24, the EIA's latest weekly petroleum status report showed.
Read more... (source: www.rigzone.com)

DOE Announces New Team Up 'to Build Largest DOE AI Supercomputer'

30 October 2025, 12:08pm
'winning the AI race requires new and creative partnerships that will bring together the brightest minds and industries American technology and science has to offer', U.S. Energy Secretary Chris Wright said.
Read more... (source: www.rigzone.com)

Shell Beats Profit Estimates

30 October 2025, 12:04pm
Shell's shares have risen 16 percent in London since the start of 2025, outperforming its closest peers.
Read more... (source: www.rigzone.com)

Standard Chartered Offers OPEC+ Meeting Prediction

30 October 2025, 10:47am
Emily Ashford, Head of Energy Research at Standard Chartered Bank, offered a prediction for OPEC+'s next meeting, which is scheduled to be held on November 2.
Read more... (source: www.rigzone.com)

AI Frenzy Spreading Over to Caterpillar, Oil Frackers

30 October 2025, 9:38am
Caterpillar Inc., the company synonymous with yellow bulldozers and mining trucks, is getting a boost from another type of machinery.
Read more... (source: www.rigzone.com)

Oil Rebounds as Stockpiles Drop

29 October 2025, 7:51pm
Gains were tempered by OPEC+ output increases and cautious Fed comments on rate cuts.
Read more... (source: www.rigzone.com)

API 'Strengthens Offshore Safety Standards'

29 October 2025, 3:18pm
The American Petroleum Institute said it had 'strengthen[ed]... offshore safety standards with new updates'.
Read more... (source: www.rigzone.com)

Indian Oil, Vitol to Launch Trading JV in 2026

29 October 2025, 2:52pm
Indian Oil Corp. plans to start a joint venture with commodities trader Vitol Inc. in Singapore to trade oil and fuel products early next year, a person familiar with the development said.
Read more... (source: www.rigzone.com)

Brazil is expanding its liquefied natural gas import infrastructure

29 October 2025, 2:00pm
Companies operating in Brazil have expanded the country's liquefied natural gas (LNG) regasification infrastructure since 2020, more than doubling its import capacity as the country seeks to diversify its energy supply and enhance energy security. Brazil's regasification capacity grew from 2.5 billion cubic feet per day (Bcf/d) in 2020 to 5.1 Bcf/d in August 2025.
Read more... (source: www.eia.gov)

Mozambique Unrest Flares as $25B LNG Work Set to Resume

29 October 2025, 1:58pm
An Islamist insurgency that froze TotalEnergies SE's $24.5-billion gas project in Mozambique four years ago is intensifying.
Read more... (source: www.rigzone.com)

USA Upstream Mergers and Acquisitions Slump

29 October 2025, 1:01pm
'Persistently low crude prices have kept many buyers on the bench', EIR said.
Read more... (source: www.rigzone.com)

Macquarie Strategists Forecast USA Crude Stock Drop

29 October 2025, 9:54am
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be down for the week ending October 24.
Read more... (source: www.rigzone.com)

Tokyo Gas to Lift Dividend 40 Pct by Fiscal 2028 Under New Plan

29 October 2025, 9:21am
Japan's top utility gas provider Tokyo Gas Co. plans to boost its dividend by the fiscal year that ends March 2029.
Read more... (source: www.rigzone.com)

Oil Giants Plan Production Boost

29 October 2025, 9:01am
The world's biggest oil companies are expected to press ahead with plans to accelerate production growth when they report earnings this week.
Read more... (source: www.rigzone.com)

Oil Rally Fades on Oversupply Fears

28 October 2025, 8:16pm
Traders doubt the sanctions on Russia will meaningfully disrupt flows.
Read more... (source: www.rigzone.com)

Eni, Egypt Sign Agreement for Potential Biogas Projects

28 October 2025, 8:00pm
Eni and Egypt's Bioenergy Association for Sustainable Development signed an agreement for a feasibility study on biogas production in the North African country using animal and agricultural waste.
Read more... (source: www.rigzone.com)

Energy CEOs 'Optimistic About Growth'

28 October 2025, 4:14pm
'Despite inflation and regulatory headwinds, confidence among CEOs is rising', KPMG said.
Read more... (source: www.rigzone.com)

XRG in Talks to Invest in Argentina LNG Project

28 October 2025, 3:13pm
XRG is the international arm of Abu Dhabi National Oil Co., backed by Abu Dhabi's oil wealth.
Read more... (source: www.rigzone.com)

U.S. biofuels production capacity growth slowed in 2024

27 October 2025, 2:00pm
The pace of capacity additions for U.S. biofuel production slowed in 2024, with production capacity increasing by a modest 3% from the start of 2024 to the start of 2025, according to our latest biofuels production capacity reports. A deceleration in production capacity in our category renewable diesel and other biofuels accounted for most of slowdown in growth. Sustainable aviation fuel (SAF), renewable naphtha, and renewable propane make up virtually all of the other biofuels.
Read more... (source: www.eia.gov)

ERCOT increasingly meets rising demand with solar, wind, and batteries

24 October 2025, 2:00pm
Since 2021, electricity demand within the Texas electricity grid operated by the Electric Reliability Council of Texas (ERCOT) has steadily increased. In the first nine months of 2025, electricity demand in ERCOT, which manages about 90% of the state's load, reached a record high compared with the same period in previous years. Over those same months, ERCOT had the fastest electricity demand growth among U.S. electricity grids between 2024 and 2025. From January through September 2025, demand for electric power in ERCOT increased 5% compared with the same period in 2024 to 372 terawatthours (TWh), 23% more than the same months in 2021. Since 2023, wind and solar generation, especially utility-scale solar, have been the fastest-growing sources of electricity in ERCOT and are increasingly meeting rising demand.
Read more... (source: www.eia.gov)